Wealth Management Platform Secures Investment to Enhance AI Capabilities and Expand Operations
Highlights:
- $20 million Series B funding led by Salesforce Ventures.
- Expansion of AI tools to support client onboarding and portfolio rebalancing.
- Partnerships with major financial institutions like BlackRock and Vanguard.
Summarized Story:
OneVest, a Toronto-based wealth management technology platform, has successfully raised $20 million in Series B funding led by Salesforce Ventures. The investment will be used to enhance OneVest’s AI capabilities, including tools for client onboarding and portfolio rebalancing. The company aims to provide personalized and scalable solutions for financial advisors and institutions.
OneVest has already secured partnerships with major financial institutions such as BlackRock and Vanguard, and plans to announce more partnerships in the coming weeks. This funding will help OneVest solidify its position as a leader in the wealth management technology space.
