wealthpilot provides a SaaS platform that aggregates customers’ financial information to enable hybrid wealth management and individualized advice from wealth managers. The platform supports aggregation of liquid assets and is being expanded to include additional asset data such as real estate. The company reports €42 billion in assets entered on the platform, a tenfold increase since mid-2018. wealthpilot plans to grow its team—particularly sales—and broaden its product offering following the new funding. The startup previously raised €2.6 million in late 2019. The company is headquartered in Munich. wealthpilot is a Munich-based fintech that provides a hybrid wealth-management SaaS platform for financial advisors, asset managers, family offices, banks and broker pools. The product automates aggregation and analysis of financial data and offers personalized advice and smart scenario analyses for advisors and private customers. The company says it aims to democratise wealth management by making professional family office and financial-planning tools accessible to a broader audience. Users currently rely on the platform to analyse more than €12 billion of financial assets, a total that has tripled since August 2018. The fresh €2.6 million funding will support development of core functions, creation of iOS and Android mobile apps, growth of sales and marketing teams, and internationalisation efforts. Bayern Kapital participated in the round and invested for a second time, citing the company’s strong growth momentum.

Total raised

$13M

Funding rounds

2

Latest round

Equity

Latest activity

Jan 2021