End-to-end estate planning platform Wealth.com announced that it had raised $30 million in Series A funding led by GV (formerly Google Ventures). This investment validates the growing significance of combining scalable next-generation technology with the essential human touch that is required for financial planning.
The Series A funding round included participation from Citi Ventures, Outpost Ventures (an investment platform of Neuberger Berman), 53 Stations (supported by The Pritzker Organization), and Firebolt Ventures (headed by renowned technology investor Gokul Rajaram).
This new funding round will drive Wealth.com’s continued expansion and product innovation, further establishing its position as the go-to platform for estate planning among financial advisors and wealth management firms. This funding round will support the enhancement of its innovative technology and integration capabilities and the development of new features tailored to the needs of advisors and their clients.
The funding round also follows wealth.com’s recent launch of its Family Office Suite, a collection of sophisticated estate management tools designed for high-net-worth and ultra-high-net-worth clients.
The suite enhances advisors’ ability to efficiently manage complex estates with features that simplify estate visualization, optimize tax planning, and streamline reporting processes. By integrating AI with human expertise and an intuitive user experience, wealth.com has firmly established itself as an industry leader.
A team of industry veterans with deep expertise in trust and estate law, personal financial management, and data security launched Wealth.com. Its leadership team brings professionals with pedigrees from institutions like Goldman Sachs, SoFi, Accenture, Perkins Coie, Google and Wells Fargo. With a proven track record of building exceptional client experiences, this team is uniquely equipped to tackle the challenges of modernizing estate planning. And their combined experience and vision drive wealth.com to deliver innovative solutions that meet the evolving needs of advisors and their clients across the wealth spectrum.
KEY QUOTES:
“Half of all personal wealth in the US will change hands over the next two decades. As we navigate the largest wealth transfer in history, the need and opportunity for estate planning solutions has arguably never been greater. Clients naturally turn to their trusted advisors for guidance in this important pursuit, and wealth.com’s unique approach will make it easier for advisors to deliver on their clients’ holistic planning needs. We’re excited to support wealth.com’s founding team in this next growth phase, and I look forward to joining their board.”
-Elena Sakach, partner at GV
“We are on a mission to modernize estate planning through innovative technology. Accompanied by this extraordinary group of investors, we’re not only prepared to achieve this vision—we’re already delivering results. Our platform has streamlined and unlocked access to estate planning for thousands, highlighting the generational change we’re driving in the industry. This investment validates our efforts to disrupt estate planning while supporting our continued growth and ability to serve an ever-expanding client base.”
-Rafael Loureiro, chief executive officer at wealth.com
