iQuantifi, a Nashville, Tennessee-based virtual financial advisor, raised $1m in angel funding.
The company intends to use the funds to continue to enhance the platform while expanding partnerships with financial institutions.
Founded by Tom and Karen White, iQuantifi is a virtual financial advisor that leverages cloud-based, robo-planning software platform to provide comprehensive, goal-based planning advice to millennials and young families.
The proprietary algorithmic engine provides each user with the comprehensive and personalized advice they need to identify, prioritize and achieve their financial goals.
The company also partners with banks, credit unions and other financial institutions by offering the platform as a solution to engage their millennial clients.