Wealthbox, a New York and Providence, RI–based CRM platform for financial advisors, has secured a $200 million strategic majority investment.
Investors
The round was led by Sixth Street Growth, with continued involvement from existing investor Frontier Growth through an equity rollover.
Sixth Street Growth is the growth investing platform of Sixth Street, a global investment firm with over $100 billion in assets under management. It focuses on mid and late-stage technology companies, providing tailored capital solutions to support organic and inorganic growth. Since its inception, the platform has invested over $10 billion in over 70 companies.
As part of the transaction, Michael McGinn, Paul Dodd (Operating Partner), and Alex Goodman (Principal) at Sixth Street Growth will join Wealthbox's Board of Directors.
Wealthbox Use of Funds
The company will use the funds to scale operations, fast-track product development, and strengthen enterprise capabilities for larger advisory firms and broker-dealers.
About Wealthbox
Wealthbox, owned by Starburst Labs, Inc., is a CRM platform for financial advisors designed to streamline communication with clients, prospects, and coworkers. It features an intuitive interface along with advanced tools and integrations. Wealthbox offers capabilities including contact management, email integration via Wealthbox Mail, customizable sales pipelines, automated workflows, team collaboration through activity streams, calendar/task syncing, and robust reporting tools.
Funding Details
Company: Starburst Labs, Inc.
Raised: $200.0M
Round: Strategic Growth / Majority Investment
Funding Date: June 2025
Lead Investor: Sixth Street Growth
Additional Investors: Frontier Growth
Company Website: https://www.wealthbox.com/
Software Category: CRM / WealthTech / Financial Advisor Software
Source: https://www.prnewswire.com/news-releases/wealthbox-secures-200-million-investment-from-sixth-street-growth-to-accelerate-expansion-and-innovation-302476959.html