What is InvestCloud?
InvestCloud is revolutionizing how financial institutions operate by offering a cloud-native, multi-tenanted software platform. This solution addresses the critical need for digital and commerce enablement, covering all facets of communication, planning, and the selling of financial products. By empowering the world's largest banks, wealth managers, and asset managers, InvestCloud helps them overcome technological debt and meet the evolving demands of their end clients, positioning itself as a key innovator in financial technology.
How much funding has InvestCloud raised?
InvestCloud has raised a total of $80M across 4 funding rounds:
Series A
$8M
Private Equity
$45M
Private Equity
$25M
Debt
$2M
Series A (2013): $8M with participation from The Conifer Group and Polaris Capital Management
Private Equity (2015): $45M led by FTV Capital
Private Equity (2016): $25M supported by Kern Whelan Capital, LLC
Debt (2020): $2M featuring PPP
Key Investors in InvestCloud
Kern Whelan Capital, LLC
Kern Whelan Capital, LLC is a private equity firm known for its long-term partnerships with outstanding management teams, investing opportunistically across various industry sectors.
The Conifer Group
The Conifer Group, operating in the credit cards and transaction processing industry, provides financial services and is headquartered in San Francisco, California.
Polaris Capital Management
Polaris Capital Management is an investment firm that has participated in InvestCloud's Series A funding round.
What's next for InvestCloud?
With a history of consistent capital raises, including significant private equity and Series A rounds, InvestCloud is well-positioned for continued expansion. The recent major enterprise-level funding, despite an undisclosed recent amount, signals strong investor confidence in the company's trajectory. This backing will likely fuel further platform development, enhance its market reach, and support strategic initiatives aimed at solidifying its leadership in the digital transformation of the financial services industry. The company's focus on no-code solutions and cloud-native architecture suggests a future centered on agility and scalability.
See full InvestCloud company page
