Leuven, Belgium-based InvestSuite, a B2B InvestTech/WealthTech company, announced on Wednesday that it has secured €6M in a Series A round of investment.
The investment comes from new strategic investors the Cronos Group and OSOM Finance, with participation from existing investor PMV. The latest investment brings Investsuite total funding to €15M since inception.
“We are excited to announce this funding and welcome the Cronos Group and OSOM Finance as investors. This round of financing is a recognition of our mission to bring the best services in InvestTech to the widest possible audience. It enables us to execute our growth ambitions, expand our team and bring our unparalleled innovations to financial institutions around the globe,” says Laurent Sorber, CTO and co-founder of InvestSuite.
New appointments
As a part of the funding team, Anton Altement of OSOM Finance and Frank Stockx of Cronos group will join InvestSuite’s board. Stockx will be the new Chairman of the Board.
“InvestSuite has played an integral part in delivering our blockbuster product Crypto Autopilot. Having worked closely with Bart and Laurent, as well as the broader InvestSuite team, from the early days, we were thrilled by the company’s revolutionary vision and ability to execute it. Having witnessed the company’s evolution first-hand as one of its early clients, we were delighted by the opportunity to invest and look forward to continuing to tread the path of mutual growth with InvestSuite,” says Anton Altement.
“I am eternally grateful to my team, our clients, and our investors for the experience of these last few years. I am also very pleased that entrepreneurs like the Cronos Group and OSOM Finance will join our board. They will bring unparalleled entrepreneurial drive and extensive wealth management and investment expertise. This round will bring us to the next chapter in our story. We are ready for InvestSuite 3.0,” says Bart Vanhaeren, CEO and co-founder of InvestSuite
InvestSuite: What you need to know
Founded in 2018 by Bart Vanhaeren and Laurent Sorber, InvestSuite offers a suite of white-label investment solutions for clients to deliver seamless investing experiences to their customers. The company helps financial companies extend their product range with next-generation tools in an agile, fast, and cost-effective way.
Since its inception, the company has developed a suite of successful B2B InvestTech/WealthTech solutions for portfolio construction, digital investing, and next-generation portfolio reporting. The Belgian company works with over 20 clients in 14 countries, primarily in Europe and the Middle East, and expands to Asia and North America.
The company claims to have grown rapidly to 70 employees in the past two years, with offices in Leuven, London, Warsaw, Amsterdam, and Sydney.
