Active Allocator Raises Seed Funding

active_allocatorActive Allocator, a NYC-based financial technology company, secured early stage equity financing.

Unnamed private investors participated in the funding. The round, whose amount was not disclosed, pre-money valued Active Allocator at $8.0m.

The company intends to use the funds to further product development, including to its forthcoming advanced portfolio construction module.

Co-Founded by Brian Jones and Sameer Jain, Active Allocator owns an asset allocation portal that integrates traditional, illiquid and alternative investments within portfolios for RIAs and broker-dealer’s financial advisors.

FinSMEs

04/11/2016

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