Fintech Startup Altruist Raises Additional Funding
Summary
Altruist, a Los Angeles, CA-based fully-integrated digital investment platform for financial advisors, closed an additional round of funding of undisclosed amount. The company is also led by Nachiket Shiralkar, Chief Technology Officer. Altruist helps independent financial advisors grow by bringing together essential business operations—like opening and funding financial accounts, building and managing custom investment models, fee billing, and reporting performance—into one interface. Last year, the company released its mobile app on the App Store and Google Play, which allows advisors to offer their clients a solution to keep track of their portfolio and open accounts on their phone. Altruist plans to expand its RIA offering and mobile app with new capabilities, and further enhance the client experience.
Funding
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