Avenir Secures $530,000 in Pre-Seed Funding after Completing ABN AMRO + Techstars Future of Finance Accelerator Program

Avenir, a UK-based wealth management solutions provider, has recently secured an impressive $530,000 in pre-seed funding after successfully completing the ABN AMRO + Techstars Future of Finance accelerator program. The company, known for its innovative wealth management software, focuses on providing regulatory compliance reports and scoring businesses based on their sustainability practices.

What sets Avenir apart is its ability to help advisors integrate their clients’ values into investment strategies, creating customised portfolios and exchange-traded funds (ETFs). By leveraging Artificial Intelligence (AI) and advanced Direct Indexing technology, Avenir offers personalised investment solutions that not only save significant administrative time for advisors but also showcase tangible impact beyond financial returns to their clients.

The company has garnered support from prominent investors such as SFC Capital and Techstars, as well as angel investors like FNZ, JP Morgan, and Morgan Stanley. With this strong financial backing, Avenir aims to further develop their B2B wealth management software suite.

Ed Stevenson, Investment Executive at SFC Capital, expressed excitement about supporting Avenir’s mission to reshape the wealth management landscape, praising the company’s innovative approach and dedication to personalisation and digitalisation. Allard Luchsinger, Managing Director of Techstars, also commended Avenir’s team for their drive and expertise, predicting a significant impact in the financial industry.

With this recent funding success, Avenir is poised to continue innovating and disrupting the market with next-generation wealth management tools, solidifying its position as a key player in the industry.