InvestSuite secures EUR6 million in Series A funding round
New strategic investors will help accelerate InvestSuite's exponential growth.
InvestSuite, an international B2B InvestTech/WealthTech company, announced today the completion of a €6 million Series A investment round, bringing the total raised to €15 million since inception. InvestSuite welcomes two new strategic investors, the Cronos Group and OSOM Finance, next to existing investor PMV.
Since inception in 2018, InvestSuite has developed a suite of successful B2B InvestTech/WealthTech solutions for portfolio construction, digital investing and next-generation portfolio reporting. Today, InvestSuite announced that it has successfully closed a Series A investment round, raising €6 million.
The company welcomes two new strategic investors: the Cronos Group, a leading innovative Belgian tech company with a strong entrepreneurial pedigree, and OSOM Finance, a cutting-edge crypto firm and one of InvestSuite's first clients. InvestSuite's existing institutional investors maintain their percentage stake, whilst new and existing business angels and employees decided to further invest in InvestSuite's growth. Existing investor PMV will once again participate in this investment round.
"We are excited to announce this funding and welcome the Cronos Group and OSOM Finance as investors. This round of financing is a recognition of our mission to bring the best services in InvestTech to the widest possible audience. It enables us to execute our growth ambitions, expand our team and bring our innovations to financial institutions around the globe." said Laurent Sorber, CTO and co-founder of InvestSuite.
"I am eternally grateful to my team, our clients and our investors for the experience of these last few years. I am also very pleased that entrepreneurs like the Cronos Group and OSOM Finance will join our board. They will bring unparalleled entrepreneurial drive and extensive wealth management and investment expertise to the table. This round will bring us to the next chapter in our story. We are ready for InvestSuite 3.0!" said Bart Vanhaeren, CEO and co-founder of InvestSuite
InvestSuite welcomes Anton Altement and Frank Stockx to the board. Anton Altement will represent OSOM Finance. As CEO and co-founder of OSOM Finance, he will add significant entrepreneurial and domain expertise. Frank Stockx, a seasoned Banking Executive and Non-Executive Director, will represent the Cronos Group and take up the reins as the new Chairman of the Board.
InvestSuite is a B2B InvestTech company that offers financial institutions across the globe a suite of powerful, white-label investment solutions to help them deliver the most delightful investing experiences for their customers. The company grew rapidly over the last two years to 70 employees and now has offices in Leuven, London, Warsaw, Amsterdam, and Sydney. It has over 20 clients in 14 countries, primarily in Europe and the Middle East, and expanding to Asia and North-America.