Halo Investing, a Chicago, IL-based multi-issuer technology platform for Structured Notes, recently closed a $12m Series B financing.
Backers included Allianz Life Ventures, part of Allianz Life Insurance Company of North America, an affiliate of Piton Investment Management, and William Blair Circle, an affiliate of William Blair.
The company intends to use the funds to further expand its international footprint, support initiatives that will change the way Structured Notes are purchased, accessed and traded, and expand into new asset classes.
Led by Jason Barsema, Co-Founder & President, and Biju Kulathakal, Co-Founder & CEO, Halo provides a platform that delivers Structured Notes to Advisors around the world and ensures transparency, competition, and price efficiency to all investors.
From Structured Note education, to content generation, to independent secondary liquidity, the Halo platform gives Advisors the tools they need to understand, evaluate, and execute Structured Notes almost instantly, thereby simplifying and demystifying the complex investment product.