Airspace Link Completes a $10 Million Series A Round Led by Altos Ventures - sUAS News suasnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from suasnews.com Daily Mail and Mail on Sunday newspapers.
Detroit-based Signal Advisors Raises $16 Million to Build End-to-End Platform for Independent Financial Advisors
April 22, 2021 [DETROIT, MI] Signal Advisors, a tech-enabled distributor of annuities and life insurance, today announced a $10 million Series A led by General Catalyst, which closed in December 2020. The Detroit-based fintech startup also finalized a $6 million seed financing round in July of 2020, with participation from Detroit Venture Partners, Ludlow Ventures, General Catalyst, Mercury Fund, Annox Capital, SV Angel and others, raising $16 million in total to build out an end-to-end platform for independent financial advisors.
Signal will use this new financing to invest in extending the platform from a specialized platform for annuities, to a true end-to-end platform for the independent financial advisor.
Detroit-based Signal Advisors raises $10m Series A led by General Catalyst yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Detroit-based Signal Advisors raises $10m Series A led by General Catalyst
Signal Advisors is building a specialized financial platform for financial advisors, and the company is announcing it raised a $10 million Series A led by Brian Ru and Hemant Taneja at General Catalyst. This funding is on top of the $6 million seed round it raised in 2020 from Detroit Venture Partners, Ludlow Ventures, General Catalyst, and others.
In a released statement, new board member and managing partner at Michigan-based Annox Capital Robert Mylod, puts it well: “We’ve seen a lot of capital investment in technologies that promise to replace financial advisors. But the bigger opportunity, by far, is to build technology that empowers advisors.”
Signal Advisors Adds $10M Series A Led By General Catalyst benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.