California-based Riskalyze has been out there hustling for a few years now, and launched in 2012, based on “the academic framework that won the Nobel Prize for Economics in 2002,” according to their website. We first ran into Riskalyze in 2015 at a Banking Summit here in ATL, and we’ve been impressed with their firm since then.
According to a recent press release, they’ve “announced a $20 million minority growth equity investment led by FTV Capital. This is the first outside institutional round for the company and will be used to bolster and expand its line of digital offerings which already includes the company’s flagship Riskalyze product, the Autopilot robo platform, and Compliance Cloud big data analytics. As part of the transaction, FTV Capital managing partner Brad Bernstein will join the company’s board of directors.”
According to their website, “Riskalyze is transforming the industry by empowering investment advisors to capture a quantitative measurement of client risk tolerance, and use that data to win new clients, capture and meet expectations and quantify suitability.”
FTV Capital is a “growth equity investment firm”, with offices in NYC and SF, that focuses on enterprise technology and services, financial services, and payments & transaction processing, placing them squarely in the fintech nomenclature. They’ve led investments with Apex Funds Services, E-Loan, InvestCloud, and VelocityShares, amongst others.
We expect to continue to see big things comoing out of this firm, which has offices in Auburn, CA and Atlanta, GA.
Total Equity Funding
$23.54M in 6 Rounds from 1 Investor
Most Recent Funding
$20M Series A on October 31, 2016