• VRGL

  Participated · Series A · Aug 2022

  VRGL provides a suite of tools for wealth management firms that streamline investment proposal generation, client acquisition, statement aggregation (including PDF extraction), institutional-grade analytics, and proposal management. The platform offers no-touch analytics and automated proposal generation to give advisors a consolidated portfolio view and demonstrate potential transitions. VRGL's capabilities include risk-tolerance assessment and statement aggregation, aiming to accelerate client acquisitions and improve retention of AUM. Founded in 2021 by pioneers of the institutional wealth management software industry and based in Dallas, VRGL has grown its customer base over 700% since August 2022 and processes hundreds of thousands of investment statements. Customers range from small RIAs to large firms such as Dynasty Financial Partners, Ritholtz Wealth Management, Sequoia Financial Group, and Steward Partners, and the company reports metrics like 50% faster time to new revenue, 30% higher prospect-to-client conversions, and a 75% reduction in time to portfolio analysis. VRGL plans to expand product offerings and support market growth while continuing to enhance its investment proposal platform and operational efficiency. VRGL’s platform combines automated statement extraction with institutional-grade analytics (its 5 Pillar Analytics: performance, risk, diversification, taxes and fees) to give advisors a consolidated investment view and generate PDF proposals. The product removes human capital requirements by automating data extraction and delivers front-end quantitative analytics advisors can use in prospecting and onboarding. Customers have seen a 50% acceleration in decision-making speed when using the platform. With the new capital the company plans to scale operational resources, expand sales and partnership capabilities, and execute its product and marketing roadmap. VRGL positions itself as a CAPM & R (Client Acquisition, Proposal Management & Retention) tool to shorten time-to-revenue and increase initial check size for advisors.

No current team members are available.