Vise, a NYC-based AI-powered investment management platform built for advisors, raised $65m in Series C funding.
The round, which brought total capital raised since founding to over $125m, was led by Ribbit Capital, with participation from existing investors Sequoia Capital.
The company intends to use the funds to continue to expand operations and rollout of new product features.
Founded by Samir Vasavada and Runik Mehrotra in 2016, Vise is an AI-powered investment management platform built for advisors. The platform gives financial advisors the tools and technology to create personalized portfolios, fully automating the investment management process, and providing deep insights on each investment decision.
Vise Raises $65 Million in Series C Round
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Fintech startup Vise raises $65 million in Series C led by Ribbit Capital – TechCrunch
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Vise Raises $65 Million in Series C Round
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Fintech startup Vise brings on Andrew Fong (formerly Dropbox) as CTO
Vise, a fintech firm that focuses on helping financial advisors rather than automating them out of existence, has today announced that it is bringing on Andrew Fong as its chief technology officer.
Fong hails from Dropbox, where he served as VP of Infrastructure Engineering. He actually started out as a site reliability engineer at Dropbox back in 2012, climbing the ranks to engineering director, and then senior director of Engineering – head of Infrastructure before becoming to vice president.
Before Dropbox, Fong was an engineer at YouTube and Aol.
Vise brought on Fong to scale up its technical team following its most recent fundraise, a $45 million in Series B led by Sequoia Capital. In total, Vise has raised $63 million since launching on the TC Disrupt stage in 2019. You can check out the video of their demo here.