Eton Solutions, a leading wealth management platform for the world’s wealthiest single and multi-family offices, has closed a $58 million Series C funding round, led by returning investor Navis Capital Partners.
This funding comes as Eton Solutions experiences significant growth, having quadrupled its revenue and increased its client base by 340% across 15 countries in the past three years. Their AtlasFive platform now serves over 800 wealthy families and has become vital for elite wealth management.
The company has invested heavily in artificial intelligence (AI), with AtlasFive managing 130,000 entities and 205,000 investments, processing $65 billion in annual bill payments and over 14 million transactions per year. This extensive data foundation has enabled the development of more than 400 AI use cases.
With headquarters in North Carolina and Singapore, Eton Solutions has a strong presence in North America, Asia Pacific, Europe, and the Middle East. Over the past decade, the company has invested $50 million in product development and recently hosted its first global client summit, attended by 75 representatives from over 40 family offices.
Currently, Eton Solutions employs 425 professionals and boasts an impressive client roster that includes founders from leading technology, hotel, oil, energy, entertainment, and investment sectors. Their integrated platform replaces disparate solutions for single and multi-family offices, and the ERP platform is available for institutional clients managing complex investments.
How the funding will be used: This funding will be used to accelerate product innovation and AI development for the AtlasFive platform, as well as to expand its product suite specifically targeting the private equity and funds industry. Utilizing decades of wealth management and financial expertise, Eton Solutions plans to introduce new products for a broader range of ultra-high-net-worth individuals, starting with those holding $25 million or more in assets. The company’s expanding client base now includes Single and Multi-Family Offices, Private Equity firms, Funds, Registered Investment Advisors, Accounting Firms, Business Managers, and Global Private Banks.
KEY QUOTES:
“Our total addressable market is increasing every year, and our technology is expanding to meet it. We’ve built an ecosystem that is uniquely able to meet every wealth management need–and has the security, privacy, workflow and data foundation necessary to do so–all in one place. Our focus as we enter our second decade is reimagining how wealth managers across the board manage liquid and alternative investments for their clients–whether one or many. This investment will let us super charge our expansion to meet the growing markets and their demand for AI-driven efficiencies that create even more value.”
Satyen Patel, Executive Chairman at Eton Solutions
“We’ve witnessed how Eton’s technology enables family offices to achieve unprecedented efficiency and insight. Their platform has become essential infrastructure for managing complex wealth at scale. We’re excited to continue supporting their growth and innovation.”
Rajendra Pai, Partner at Navis Capital Partners
