VastAdvisor Raises $1 Million SAFE Round Led by 3 Wealth Industry Executives
Updated
Updated · Wealth Management · Aug 21
VastAdvisor Raises $1 Million SAFE Round Led by 3 Wealth Industry Executives
2 articles · Updated · Wealth Management · Aug 21
Summary
$1 million in new funding will let VastAdvisor speed product development and expand go-to-market efforts, the AI startup for wealth managers said.
The SAFE round was led by Carson Group's Dani Fava, Woodgate Financial's Jason Pereira and Convergency Partners' Sally George, with terms otherwise undisclosed.
Launched in March, VastAdvisor says its platform combines AI audience intelligence, campaign orchestration, compliance automation and performance optimization to help firms win assets.
The raise follows several leadership hires, including Phil Gale as COO, Eli Gassert as CTO and Dr. Edoardo M. Airoldi as acting chief data officer.