• FOUNDING YEAR: 2015
    LOCATION:
    United States
    REGION:
    MD
    Last Update:
    18 Oct, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Developed DATANEXT, a FinTech technology which applies big data, AI and cybersecurity for solving the critical business problems in the investment industry. Big Data – WealthArc integrates all portfolio data and provides wealth manager with unified views. WealthArc’s financial algorithms provide users with analysis on performance and benchmark, allocations and contributions, financial risk management, and investment guideline checks. Artificial Intelligence –WealthArc aggregates all information and combines it with advanced analytics and artificial intelligence to transform the data into actionable insights. Example automating recurring portfolio management tasks. Cybersecurity – WealthArc’s solution takes care of data encryption and frequent data backups.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Family Offices, Independent Financial Advisors and Private Banks.
COMMENT
They are also a member of Microsoft BizSpark – a special program supporting highly innovative start-ups- focused on machine learning algorithms

PEOPLE

FOUNDERS:
Krzysztof Gogól, Sebastian Manthei
NUMBER OF EMPLOYEES:
1-10
INVESTORS:
Novit L.P

TRACTION

VALUATION / MARKET CAP:
$2 MM in 2015

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$300 K
SEED & PRIOR FUNDING:
$300 K
SEED CLOSED ON:
Jun 2015
LISTED:
NO

LATEST RESEARCH