Copia Wealth Studios – an intelligence platform providing insights on over $30 billion in assets – announced the acquisition of Kinship, a relationship management app for wealth managers, marking a significant step toward creating the first comprehensive operating system for asset owners and their managers.
The sale of Kinship marks the second successful exit for the company’s CEO and founder, Victoria Wejchert, who becomes a partner at Copia.
Leading family offices, RIAs, and institutions using Copia’s AI-powered platform to solve complex investment challenges. And by aggregating and validating data from multiple sources into a unified view, Copia brings Assets Under Intelligence across entire portfolios, enabling enhanced data-driven decision-making. Through Copia’s Lens Store, clients can access or build custom solutions for additional needs ranging from tax automation to deal diligence.
By acquiring Kinship, Copia expands its platform to include relationship intelligence capabilities, enabling family offices to build stronger relationships and discover new opportunities within their trusted network.
The integration of Kinship accelerates Copia’s transformation to a complete solution for the alternatives market. And Copia and Kinship clients can securely collaborate on deals, share insights, and manage relationships across their investment network.
For family offices, this means the ability to privately connect with peers on co-investment opportunities while maintaining complete control over their information and network. And for GPs and asset managers, the platform can enable direct, secure communication with their existing or prospective LPs while providing deeper relationship insights and engagement analytics.
This enhancement comes at a significant time for the alternatives market. As allocations to alternatives grow as a percentage of global assets under management, the need for sophisticated tools that combine intelligence with secure collaboration has never been greater.
Copia’s platform is currently processing 700+ direct alternative investments and 1,100+ investments in alternative funds, with 30+ direct connections to banks and financial institutions. This gives family offices, RIAs, and institutions a single platform to manage and grow their wealth.
Copia will integrate Kinship’s relationship platform in early 2025 and several other strategic enhancements to its intelligence and network capabilities.
KEY QUOTES:
“As a two-time founder, I know how challenging it can be to identify an acquiring company that shares similar values to the company you’ve grown from the ground up, however, in Copia I’ve been inspired by the forward momentum and potential, and am elated to join such a wonderful organization. My parents taught me that strong human connections are the foundation of successful business relationships, and I was able to turn that idea into a successful company. Copia’s robust technological abilities and expertise will further the reach of Kinship’s dedicated vision and I’m excited to help drive the growth at such an innovative company.”
- Victoria Wejchert, CEO & founder of Kinship
“This acquisition gives us a unique opportunity to pair the IQ that Copia provides with the EQ from Kinship’s platform to give our clients a full range of intelligence that will be game-changing for their success. We’re thrilled to welcome Victoria as a partner at Copia — her expertise in finance and operations, and of course her ability to build relationships, will be essential as we continue to grow. It’s a very exciting time for all of us.”
- Michael J. Sikorsky, CEO & founder of Copia Wealth Studios
