FINTRX, a Boston, Massachusetts-based leading resource for Family Office & Registered Investment Advisor commercial intelligence, announced that it raised $9 million for a minority stake in its Series A round of funding.
The round was led by the Founder & CEO of Definitive Healthcare (Nasdaq: DH), Jason Krantz, who successfully took his company public in September of this year.
The round also received participation from Definitive Healthcare Chief Revenue Officer Joe Mirisola. Houlihan Lokey acted as financial advisor to FINTRX on the transaction.
Funding from Series A will be used to accelerate the build and release of additional modules & product features, significantly expand FINTRX's growing business development & client success teams, expand FINTRX's data science and data intelligence teams, and Bolster the firm's engineering and data delivery offerings
Company: FINTRX, Inc
Round: Series A
Funding Month: November 2021
Lead Investors: Jason Krantz
Additional Investors: Joe Mirisola
Company Website: https://www.fintrx.com/
Software Category: Family office data, research, and insights platform
About the Company: FINTRX is the preeminent resource for private wealth data and research. Its platform features millions of data points on the global Family Office and Registered Investment Advisor ecosystem. FINTRX’s software-as-a-service (SaaS) platform empowers its customers to map, access, and sell into the complex and fragmented world of Family Offices and Registered Investment Advisors. FINTRX customers leverage comprehensive data, paired with powerful search functionality and proactive alerts, that allows them to efficiently identify and access new opportunities within the rapidly expanding private wealth ecosystem. Today, FINTRX serves hundreds of customers globally, which include top-tier hedge funds, private equity, and venture capital firms, real estate firms, institutional investors, investment banks, consultants, and service providers.