ByAllAccounts raises $5m in series a funding
Summary
ByAllAccounts, a provider of reconciliation-ready data for investment management and advisory firms, today announced that it has secured $5 million in Series A funding. Commonwealth Capital Ventures led the round and was joined by members of the companys executive management team. ByAllAccounts helps family offices, financial advisors, private banks and other high net worth advisory firms build stronger, more profitable relationships by providing timely, personalized levels of service and better advice based on a more complete understanding of their clients assets. "ByAllAccounts has a proven management team and serves a large and growing market with a recurring revenue business model," said Commonwealth Capital Ventures General Partner Justin Perreault. Commonwealth Capital Ventures Perreault and General Partner Jeffrey Hurst have joined Carney on the companys Board of Directors.