VC fundraising for WealthTech companies
WealthTech has been the most cycle-stable corner of fintech fundraising. Recurring fee economics on AUM, long-duration client relationships and strategic interest from incumbents have kept capital flowing through the 2022-24 environment when other segments compressed harder. Round sizes have come in from the peak but the active investor base - specialist fintech funds plus the growth investors pricing the larger platform rounds - has remained engaged across the cycle.
The active investor base is fintech specialists with WealthTech books (Ribbit, QED, Bain Capital Ventures, Anthemis) alongside generalists with enterprise wealth experience (Sequoia, Index, Insight). Strategic capital is unusually meaningful in this segment - the corporate venture arms of BlackRock, Morgan Stanley, Charles Schwab, UBS and Goldman Sachs participate in rounds where a distribution or custody relationship is on the table. Flow has direct relationships across this group.
Flow has experience running VC fundraising processes for wealth technology companies across robo-advisors, digital wealth platforms, advisor technology, alternative investments platforms and retirement and pensions technology. Our extensive investor network spans early-stage seed funds, growth-stage investors, and strategic and corporate VC arms.
"WealthTech" KPIs VC investors look at
The metrics venture investors benchmark before pricing a round - in diligence, at the IC table, on the term sheet.
AUM / AUA
Net new assets
Funded accounts
Fee yield (bps)
Revenue per client
Client retention
Cash sweep revenue
Advisor count (if B2B)
Platform gross margin
WealthTech valuations in May 2026
Public WealthTech comps trade at 4.8x EV/Revenue. Median revenue multiple across WealthTech VC rounds was 10x in the last 12 months.
4.8x
Median EV/Revenue as of May 2026 for public WealthTech companies
8.2x
Charles Schwab is the highest valued public WealthTech company based on EV/Revenue (excluding outliers)
5.6x
Median EV/Revenue across WealthTech M&A deals in the last 12 months
10x
Median EV/Revenue across WealthTech VC rounds in the last 12 months
Key recent WealthTech VC rounds
$385M Series E raised by Vestwell was the largest WealthTech VC round completed in the last six months.
See all WealthTech VC rounds| Logo | HQ | Description | Investors | |||||
|---|---|---|---|---|---|---|---|---|
Feb-26 | Vestwell |  | Vestwell is a New York-headquartered financial technology platform delivering workplace savings solutions including 401(k), 403(b), IRA, 529 education, emergency, and ABLE accounts. Established in 2016, it integrates with payroll providers such as ADP and Paychex to streamline enrollment and administration for employers nationwide. The API-based system supports student loan repayment benefits and serves financial advisors, institutions, and government agencies, powering accounts for businesses across the United States with a focus on accessibility for retirement, education, healthcare, and disability savings. | Blue Owl Capital Corp.Putnam Premier IT+6 | $385M | $2.0B | Series E | |
Apr-26 | Wealth.com | | Wealth.com is a San Francisco-based digital estate planning platform that centralizes asset visualization, management, and beneficiary access for individuals and families. Users build interactive plans encompassing real estate, investments, insurance, and digital holdings stored securely online. The service facilitates updates for life events and grants emergency access protocols. Offered as an employee benefit by corporations, Wealth.com enhances workforce financial wellness through employer-sponsored subscriptions. | 53 StationsAlumni Ventures+10 | $65M | - | Series B | |
Dec-25 | Esusu | | Esusu is a New York-headquartered financial technology company founded in 2016 that reports renters' on-time payments to major credit bureaus like Equifax, Experian, and TransUnion. Property owners leverage its analytics dashboard to screen tenants, forecast cash flow, and lower eviction rates by up to 60 percent through improved tenant selection. The platform processes rent data from over 2 million units across the United States, partnering with large multifamily operators such as Related Companies and Greystar. Esusu also offers financial literacy tools and emergency rent relief programs to support low-income households. | Blue Meridian PartnersGeraldine R. Dodge Foundation+1 | $50M | $1.2B | Series C | |
Mar-26 | GeoWealth | | GeoWealth is a New York City-based turnkey asset management platform for registered investment advisors managing separately managed accounts. It offers model portfolios in ETFs, direct indexing, and alternatives with automated rebalancing and tax optimization. GeoWealth integrates with custodians like Schwab and Fidelity for unified reporting and client portals. The platform supports advisors serving high-net-worth clients with customizable strategies across equities, fixed income, and ESG themes. | Goldman Sachs | $43M | - | Series C | |
Dec-25 | Nevis | | Nevis is a New York-based AI platform tailored for wealth management firms automating 80% of advisors' operational tasks. Features include automated meeting preparation, document handling, custodian account openings, and client onboarding workflows. Integrated with CRM systems like Salesforce, it frees advisors for personalized service across independent broker-dealers and RIAs in the United States. | ICONIQ CapitalRibbit Capital+1 | $35M | $200M | Series A | |
Jan-26 | Easy Home Finance |  | Easy Home Finance is an India-based mortgage technology startup operating at www.easyhomefinance.in to facilitate home loan processes through digital tools. | Claypond CapitalInvestcorp Capital+1 | $30M | - | Series C | |
Jan-26 | Flying Tulip | | Flying Tulip is a decentralized finance protocol on Ethereum introducing yield-funded buyback mechanisms for token holders. Launched in 2023, the platform allocates protocol fees to repurchase and burn FLY tokens, promoting capital preservation amid market volatility. Flying Tulip integrates with DeFi aggregators for lending and staking, distributing yields to liquidity providers. Its smart contracts support long-term growth through governance-voted treasury management across multiple chains. | Amber InternationalFasanara Capital+1 | $26M | - | Series A | |
Dec-25 | M | MetaComp |  | MetaComp is a Singapore-based firm providing secure solutions for managing traditional and digital assets. | Beingboom CapitalEastern Bell Capital+3 | $22M | - | Seed |
Jan-26 | Gridline | | Gridline is a digital platform granting individual investors access to alternative asset managers in private markets. Users build diversified portfolios through a fully automated experience targeting venture capital, private equity, and credit funds. | FINTOP Capital | $19M | - | Series A | |
Jan-26 | Autonomous Technologies Group | | Autonomous Technologies Group is an AI-driven fintech platform enabling independent investment management and financial decision-making for users. | BoxGroupCollaborative Fund+2 | $15M | - | Pre-seed | |
Jan-26 | River | | River Financial is a San Francisco-headquartered financial services provider specializing in Bitcoin custody and trading. Launched in 2019, the firm operates a brokerage platform equipped with advanced security features, including multisig vaults and full-reserve custody. It serves institutional and high-net-worth clients through dedicated account managers and offers tools for tax reporting and portfolio analytics. River Financial holds regulatory licenses in multiple U.S. states and partners with custodians like BitGo for asset protection. | Justin SunMaelstrom+1 | $12M | - | Undisclosed stage | |
Dec-25 | PowerUp Money | | PowerUp Money is an app-based wealth management platform offering mutual funds, fixed deposits, and retirement planning for Indian investors. Headquartered in Mumbai, the service includes Power FD for RBI-bank rates above 8 percent and Power Elite membership with SEBI-registered research. Launched in 2021, it manages portfolios exceeding ₹1,000 crore. | 8i VenturesAccel+4 | $12M | $70M | Series A | |
Mar-26 | Axiom Trust | | Axiom Trust is an AI-powered startup. Professional trust administration updates for the $100 trillion Great Wealth Transfer. | Immad AkhundMercedes Bent+5 | $12M | - | Seed | |
Nov-25 | Fisdom | | Fisdom is a Bengaluru-based digital wealth management platform serving retail investors in India. The company provides access to mutual funds, stocks, ETFs, IPOs, fixed deposits, and insurance via its mobile app. Featuring DigiLocker integration for instant KYC, Fisdom supports goal-based investing, portfolio analytics, and tax-saving instruments like ELSS funds for over 1 million users. | Groww | $12M | - | Strategic investment | |
May-26 | Pluang |  | Pluang is a Jakarta-headquartered fintech app that enables retail investments in gold starting from 0.01 grams through partnerships with the Indonesia Commodity and Derivatives Exchange. Launched in 2019, the platform provides real-time trading, storage in government-backed vaults, and additional products like cryptocurrencies and mutual funds. Pluang serves over one million users across Indonesia. | AccelMUFG Innovation Partners+1 | $10M | - | Series C |
VC investors active in WealthTech
Accel is the most active VC investor across WealthTech, having invested in 7 startups in the last three years.
See all WealthTech VCs| Logo | HQ | Description | Key portfolio | |||
|---|---|---|---|---|---|---|
Accel | | Accel is a Palo Alto-headquartered venture capital firm investing in early and growth-stage technology companies globally. The firm backs founders in software, consumer internet, and mobile sectors with portfolio companies including Facebook, Slack, Dropbox, and Spotify. Operating funds across the US, Europe, and India since 1983, it supports over 1,000 startups. | PluangPowerUp Moneydezerv.+2 | 7 | Series B | |
Y Combinator | | Y Combinator is a San Francisco-headquartered startup accelerator that funds and mentors early-stage technology companies across sectors like software, biotechnology, and fintech. Since its inception in 2005, it has propelled alumni including Airbnb, Dropbox, and Stripe through intensive three-month programs featuring Demo Days and investor networks. | AstorPalus FinanceAutonomous Technologies Group+2 | 7 | Pre-seed | |
Citi Ventures | | Citi Ventures is a San Francisco-headquartered corporate venture arm of Citigroup with offices in New York, London, Palo Alto, Tel Aviv, and Singapore. The fund invests in over 100 portfolio companies spanning AI, blockchain, and digital banking, including Stripe and Trade Republic, to integrate emerging technologies into Citi's global operations. | Wealth.comEndowusConquest Planning+1 | 6 | Series A | |
Northwestern Mutual Future Ventures | | Northwestern Mutual Future Ventures is a Milwaukee-based corporate venture arm investing in insurtech, fintech, and healthtech startups alongside providing life insurance products. Formed in 2017 with roots in a 2015 LearnVest acquisition, it backs companies like Lemonade and Oscar Health from its $500 million fund. | Atomic InsightsModern LifeSandbox Wealth+2 | 5 | Series A | |
Fin Capital | | San Francisco-headquartered Fin Capital manages assets through full-lifecycle investments in B2B fintech software companies. The firm supports repeat entrepreneurs in financial services with offices in Los Angeles, London, Miami, and New York. Founded in 2018, Fin Capital focuses on products with global scalability and deep industry expertise. | OneVestVRGLVestwell+2 | 5 | Series A | |
Crowdcube |  | Crowdcube is an equity crowdfunding platform based in the United Kingdom that facilitates investments in startups and growing businesses since 2011. Investors commit funds in exchange for equity stakes or annual returns, supporting over 520 successful raises totaling more than £230 million from a community exceeding 390,000 participants. Notable campaigns include Monzo's £1 million raise in 96 seconds, alongside River Cottage, Eden Project, JustPark, eMoov, Sugru, and Chip. | EtchoChipDot Investing+2 | 5 | Pre-seed | |
Canapi Ventures | | Canapi Ventures is a Wilmington, North Carolina-headquartered venture capital firm investing in fintech since 2018. It backs 25 portfolio companies including Unit for banking-as-a-service and SentiLink for fraud detection with $300 million under management. Backed by FIS and former FDIC chair Sheila Bair, Canapi provides regulatory guidance and banking partnerships. | SavvyMoneyConquest PlanningCashmere AI+2 | 4 | Series B | |
Portage Ventures |  | Portage Ventures is a Toronto-headquartered early-stage venture capital investor specializing in Canadian fintech startups with global potential. Active since 2016, it has funded companies like Neo Financial and Trulioo through its Portage Fund. | TiltConquest PlanningSeeds+2 | 4 | Pre-seed | |
FJ Labs | | FJ Labs is a New York-headquartered venture capital firm backing seed and Series A marketplaces and consumer internet companies. Its portfolio spans global leaders like Alibaba, Despegar, and Zola, with investments deployed across North America, Latin America, and Europe. | TiltVesselOneVest+2 | 4 | Seed | |
Gaingels | | Gaingels is a venture syndicate investing in LGBT+ founded companies at all growth stages with a portfolio exceeding 130 firms. San Francisco-headquartered, the group has deployed $70 million in capital and supports diversity hiring for C-suite roles. Gaingels syndicates deals through its 2,000-member network across technology, fintech, and consumer sectors. | AlineaUtilaFinerio Connect+2 | 4 | Seed |
Founders and investors we've worked with
We've supported winning builders across WealthTech and beyond.
Orka
We advised Elysian Fields on its investment into Orka, a Reykjavik-based portfolio of online consumer lending platforms, supporting deal structuring and growth-capital deployment in the Icelandic fintech market.
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Krita
We advised Swiss investor Elysian Fields on its growth investment into Krita, the leading factoring platform in the Icelandic market.
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GoTrendier
We advised GoTrendier, the leading second-hand fashion marketplace in LatAm (Mexico and Colombia), on its $14m Series B fundraise led by IDB.
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Ziik
We acted as fundraising advisor to Ziik, a Copenhagen-based all-in-one social intranet and internal communication SaaS platform, on its growth funding round.
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Sentryc
We led the capital raising process for Sentryc, a Berlin-based AI-driven brand protection and IP software provider, on its growth round led by Seventure Partners.
See moreRecent VC fundraising track record
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