TIFIN is an AI and innovation platform focused on creating and operating companies that apply data science, AI, and technology to address frictions in wealth and asset management. Founded by Dr. Vinay Nair, TIFIN's portfolio has included 55ip (sold to JP Morgan) and currently includes Magnifi, TIFIN Wealth, TIFIN Give, TIFIN AG, TIFIN AMP, Helix, TIFIN @Work, and Sage. The company builds products intended to deliver individualized advice and more relevant investment products at scale and to accelerate adoption of AI in wealth. TIFIN has been backed by institutional investors including JP Morgan, Morningstar, Hamilton Lane, Franklin Templeton, Motive Partners, and Broadridge. The company is partnering with strategic players to access talent and distribution and to test and scale AI-driven solutions quickly. Recent collaboration with SEI aims to support talent development, rapid solution delivery, and market engagement to drive growth. Tifin operates an AI-powered fintech platform with two divisions: a consumer investment marketplace called Magnifi and a B2B arm serving wealth advisors and enterprise financial services. The company runs a suite of seven products, some developed in-house and some acquired, and recently acquired Qualis to bring private-market investments to retail investors. Tifin has expanded internationally, growing non-U.S. revenue 2.5x since its last fundraise, and its products reach three to four million individuals through a network of roughly 3,000 financial advisors. The firm has doubled headcount from 150 to 300 employees since last October. Management says it is shifting focus toward profitability, targeting B2B profitability within the next 12 months while continuing consumer growth and customer acquisition. Planned uses of new capital include investing in Magnifi’s search engine, expanding internationally, and building out data capabilities for asset managers to improve distribution. Tifin applies AI and data- and investment-driven intelligence to deliver personalization for wealth management and digital distribution for investment managers. It operates two divisions: Magnifi, a search-powered marketplace for investments, and Financial Answers, a consumer platform built on financial media. The company was founded in late 2018 by Vinay Nair and is based in Boulder, CO and New York City. Tifin raised $47M in a Series C at a $447M valuation. The round was led by Hamilton Lane with participation from J.P. Morgan Asset Management, Morningstar and Broadridge. Tifin intends to use the funds to expand operations, pursue additional acquisitions and work with strategic partners to accelerate fintech innovation, including exploring adding alternatives to its WealthTech capabilities with Hamilton Lane. Its executive committee includes Jack Swift, Anil Arora, Sharon French and Dr. Nair. THE TIFIN GROUP operates a fintech platform of ten active operating companies that builds next‑gen products combining investment intelligence, data science, and technology. Its products aim to bridge retail investors, financial advisors, and asset managers by delivering personalized investor experiences. TIFIN’s innovation is organized around four pillars: proven science, investment management, software, and algo technology. The company was founded in Q3 2018 as a fintech studio and evolved into an operating business in Q4 2020. The new capital will support platform expansion, additional acquisitions, and work with strategic partners to accelerate fintech innovation initiatives.

Total raised

$188M

Funding rounds

4

Latest round

Equity

Latest activity

Feb 2024