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Fount

Seoul Square 416 Hangang-daero, Jung-gu, Seoul, Seoul-t'ukpyolsi, 03740, South Korea

Overview

Fount is a robo-advisor founded in November 2015 that offers an AI-powered investment platform which builds and rebalances diversified portfolios for users. Its BlueWhale product analyzes more than 52,000 cases of global economic data and market indices to propose customized portfolios. The company serves a core demographic of users aged 20–49 and reported about 260,000 registered users as of June 2021. Fount reported roughly $730 million in assets under management as of March 2021 and provides services to about 20 South Korea–based B2B clients, including Hana Financial Investment, Samsung Life Insurance, MetLife and Hyundai Motor Securities. The company says it will continue to focus on the domestic market and does not have concrete plans for overseas expansion.

Total raised
$33M
Funding rounds
1
Latest round
Series C
Latest activity
Oct 2021

Industries

  • Artificial Intelligence (AI)
  • Developer Platform
  • Finance
  • Financial Services
  • FinTech
  • Information Technology
  • Software
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Recent funding

  1. Series C

    Oct 2021

    $33M

Team

  • Y.B. KIM

    CEO

  • M.B. KIM

    Head of Algorithm

  • Y.G. KIM

    CTO