Era, a San Francisco, CA-based AI-powered wealth management platform focused on making wealth management more accessible, secured $3.1 million in seed funding.
The funding round was led by Northzone, with participation from the Protagonist and Designer Fund.
Northzone is a multi-stage venture capital fund that seeks to invest in the healthcare, semiconductors, software, hardware, artificial intelligence, blockchain, and gaming industries. Founded in 1996 and based in London, United Kingdom, the firm seeks to invest across Europe and the United States.
Era Use of Funds
The company will use the funds to expand its operations and further develop the platform.
Founded by Alex Norcliffe, and Lindsay Brady, Era is an AI-powered wealth management platform. The platform utilizes artificial intelligence to offer personalized wealth management advice and automate financial tasks, to make wealth management more accessible. Era's AI recommendations are informed by market news and macroeconomic data, providing users with up-to-date and informed advice. Era also automates routine financial tasks, such as estimating taxes and transferring funds between accounts, to simplify daily financial management and assist users in planning for the future.
Company: Tinwell Labs Inc.
Round: Seed Round
Funding Month: November 2023
Lead Investors: Northzone
Additional Investors: Protagonist and Designer Fund
Company Website: https://era.app/
Software Category: Wealth Management