VISE: RAISES $65M IN SERIES C FUNDING

VISE

VISE: RAISES $65M IN SERIES C FUNDING

  • Vise, the NYC-based AI-powered investment management platform developed by advisors, has raised $65m in Series C financing.
  • It brought the total capital raised since its inception to $125 million. It was led by Ribbit Capital, with participation from investors who are already part of the group Sequoia Capital.
  • The company will use the funds to grow operations and expand the launch of new features to its products.
  • The vise was founded by Samir Vasavada and Runik Mehrotra in 2016; Vise was an AI-powered investment management platform designed by advisors.
  • The platform offers financial advisors the tools and technologies to design a unique portfolio that fully automatizes the process of managing investments.
  • It also concluded its connection with major custodians and has released various new features to its customers.

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Chris Evan was born in Dubai and raised in Montreal. He studied Computer Science and was so pleased with computer languages. He began writing after obsessing over technology.

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