WealthFeed Inc, the innovative AI-powered platform designed to bolster organic growth for financial advisors, announced the successful completion of a $2 million funding round, signaling strong investor confidence in its technology and business model.
The round saw contributions from Thicket Ventures and high-profile executives across the registered investment advisor (RIA), investment banking, and private equity sectors, showcasing a broad base of support.
In a strategic move to strengthen its leadership, WealthFeed will welcome Justin Wisz and Joe Jolson to its Board of Directors.
This addition comes at a pivotal time as the company sets its sights on accelerating growth initiatives and enhancing its predictive analytics and artificial intelligence capabilities, aiming to revolutionize how Financial Advisors expand their market presence.
Originating as a spin-off from Catalyze AI, WealthFeed has a proven track record with over 1,700 clients in the real estate and financial services industries.
Its platform, described as a Money-in-Motion tool, is engineered to empower Financial Advisors by improving client retention, expanding their clientele, and increasing their share of wallet with existing clients.
It features a dynamic database that allows for the identification of high-potential prospects in real-time, enriched client and prospect information for higher conversion rates, and real-time alerts to capture money-in-motion events within an Advisor’s existing client base.
This capital injection marks a significant step forward in WealthFeed’s quest to address long-standing organic growth challenges faced by Financial Advisors through the innovative use of AI and big data analytics. – PEVCJournal.com