Liqid, a Berlin, Germany-based fintech startup, raised € 4.5m in funding.
Backers included Project A Ventures, the Family Office of Harald Quandt family, HQ Trust, Dieter von Holtzbrinck (DvH Ventures) and Berliner Volksbank Ventures.
The company intends to use the funds to expand its platform and service offering, adding illiquid class products, and continue to grow the team.
Established in February 2015 and led by Christian Schneider-Sickert, Chief Executive Officer, Liqid provides a digital platform that combines the expertise, investment instruments and terms available to family offices and makes them available to a new generation of entrepreneurs, professionals and other affluent individuals.
The investment strategies available on the company’s platform were developed in collaboration with HQ Trust while the custodian and execution partner is Deutsche Bank.
Liqid currently has 30 employees.