Asseta AI, a New York–based purpose-built accounting platform for family offices, has raised $4.2 million in a Seed funding round.
Investors
The round was co-led by Nyca Partners and Motive Partners.
Nyca Partners is a New York–based venture capital firm focused exclusively on financial technology. Founded in 2014, the firm manages nearly $1 billion and has invested in over 100 companies across all stages, from Seed to Growth.
Motive Partners is a specialized global private equity firm that focuses exclusively on fintech and the technology underpinning financial services, managing approximately $6.4 billion across its fund strategies. With offices in New York, London, and Berlin, Motive invests across the entire lifecycle from early-stage ventures (Motive Ventures) to growth and buyout opportunities (Motive Capital).
Asseta AI Use of Funds
The company will use the funding to accelerate the product roadmap, expand engineering and customer success teams, and develop new modules for forecasting, planning, and performance insights.
About Asseta AI
Founded by Dean Palmiter and Daniel Kennedy, Asseta AI is an accounting and financial management platform designed specifically for family offices. The Intelligent Family Office Suite™ enables family offices to manage accounting, reporting, data governance, and multi-entity portfolios with modern, scalable infrastructure. Supporting over $10 billion in assets, Asseta AI combines institutional-grade technology with AI-driven capabilities to help family offices operate with the rigor of a public company and the agility of a startup. Headquartered in New York, Asseta AI is on a mission to radically modernize and digitize family offices.
Funding Details
Company: Asseta AI, Inc.
Raised: $4.2M
Round: Seed
Funding Date: November 2025
Lead Investors: Nyca Partners, Motive Partners
Additional Investors:
Company Website: https://www.asseta.ai/
Software Category: Accounting / Family Office Platform
Source: https://www.businesswire.com/news/home/20251118438149/en/