Eton Solutions develops AtlasFive®, a cloud-based ERP platform purpose-built to deliver process efficiency, data accuracy, and risk reduction for single- and multi-family offices. The platform connects data, services, and stakeholders to eliminate disconnected point solutions, repetitive data entry, and spreadsheet reconciliation, and provides secure mobile access, visibility, and approvals for family office activities. AtlasFive® supports day-to-day net worth information and other family office workflows and currently has over US$425 billion in assets under administration. The company is led by Founder and CEO Robert Mallernee, President Kevin Hayes, and executive chairman Satyen Patel. Eton is based in Research Triangle Park, North Carolina, and intends to use new funding for rapid growth, continued product development, and international expansion. Plans include establishing an international headquarters in the Singapore market. Eton Solutions offers AtlasFive, a cloud-native, SaaS technology platform designed for the complex asset- and office-management needs of ultra-high net worth (UHNW) family offices. The platform integrates CRM, document management, portfolio management and portfolio reporting and embeds business continuity, disaster recovery and cybersecurity functionality. Eton says it serves demanding, technology-savvy customers across North America, including one of the world’s largest single family offices, the private-wealth group at a Top-5 U.S. financial services firm, and a division of a Big 4 accounting and consulting firm. The company reports over $250 billion in assets under administration (AUA) on AtlasFive. Eton plans to use the newly raised capital to continue expanding AtlasFive’s functionality and to build out implementation and client-service capabilities. The company is headquartered in Chapel Hill, N.C., and has 112 employees globally.

Total raised

$49M

Funding rounds

2

Latest round

Series C

Latest activity

Jul 2022