Our Series C and taking Vise to the next level
Our latest round of funding will help us advance our mission of creating financial freedom for everyone
Earlier today, we made an exciting announcement about Vise and our future which will benefit our advisors and clients.
We announced Vise had raised $65 million in Series C funding at a valuation of over $1 billion. We are delighted to be further deepening our partnership with Sequoia Capital, who we have worked with since our seed round, and welcome new investors including Ribbit Capital.These new investors share our vision and values, and bring valuable expertise and experience in finance and fintech.
Put simply — this additional funding will allow us to make bigger investments faster.
We plan to accelerate investments in our platform, the hiring of the best available talent and the rollout of new product features. A key focus area will be continuing to scale the engineering function led by our Chief Technology Officer Andrew Fong.
The result will be an even more valuable platform for advisors and their clients. We will be able to provide even better technology and tools to advisors that help them grow their business and deliver value for their clients.
This latest round caps an incredible 12 months for Vise. Since our Series A round last May, we have increased our assets under management by more than 60X to over $250 million and grown our team from just six employees to over 70.
Today’s announcement is another important step forward for Vise and will help us advance our mission of creating financial freedom for everyone. We’re incredibly excited about the future and remain grateful to our team, our investors, our advisors and clients for their work and ongoing support.
Samir Vasavada is the CEO and co-founder of Vise
August 20, 2021