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.