FolioMetrix, a Portland, OR- and Omaha, NE-based company focused on tactical risk investing, raised $5M in funding.
The round was led by Grail Partners, with participation from existing investors. In conjunction with the funding, Donald H. Putnam and Darlene DeRemer of Grail Partners will advise the company.
Co-founded in 2009 by CEO Jerry Murphey and Greg Rutherford, FolioMetrix is an investment management research company and the creator of a diverse line of tactical asset management products and distribution programs for Portfolio Managers, Financial Advisors and Institutions across the United States.
In 2013, the company launched RiskX, a liquid ’40 Act mutual fund platform totally dedicated to tactical asset management, which exceeded $200m in Assets Under Management as of December 2, 2014.