CapIntel, a Toronto, Canada-based a leading financial technology company that improves day-to-day workflow and fund analysis for financial advisors, has announced that it raised $11 million in Series A financing
The round was led by New York-based FinTech Collective, with additional participation from Fengate Asset Management on behalf of its investor, the LiUNA Pension Fund of Central and Eastern Canada (LPFCEC).
This round of funding will further fuel a steady and sustainable growth for CapIntel, and help CapIntel to fulfill its ultimate mission to build wealth for all
Company: CapIntel Inc.
Raised: $11.0M
Round: Series A
Funding Month: June 2022
Lead Investors: New York-based FinTech Collective
Additional Investors: Fengate Asset Management, LiUNA Pension Fund
Company Website: https://capintel.io/
Software Category: Investment Sales Platform
About the Company: CapIntel is a Canadian financial technology company leading the way in developing intuitive, web-based applications for financial professionals. CapIntel is on a mission to elevate personal finance and help families meet their financial goals. CapIntel's platform helps financial advisors provide better service to their clients so they can get a better understanding of their investments and feel at ease knowing their future is secured. With more than 10,000 advisors and 3 of the 5 Big Banks in Canada on their platform, CapIntel is transforming the advisor-client experience.
Source: https://www.businesswire.com/news/home/20220614005150/en/CapIntel-Raises-11.0M-USD-Series-A-To-Expand-Wealth-Management-Sales-Platform-Launching-in-US-Market