Sure, here's the analysis:
IRALOGIX is a United States based startup founded in 2015 that aims to revolutionize the IRA industry. With the slogan "A better way to IRA", the company offers technology-driven solutions for clients to enhance their business and improve customer service for IRA accounts. The proprietary technology platform provides open architecture for investment options, custody, and advice providers, ensuring access to institutionally priced IRAs for all, irrespective of their account size.
The startup recently secured a $22.00M Series C investment on July 13, 2022, attracting investments from prominent venture capital firms and investors such as Circadian Ventures, Riverfront Ventures, Great North Ventures, Hybrid Capital, Trog Hawley Capital, University Growth Fund, Roan Capital Partners, Nick Cayer, and Matthew T. Vettel.
IRALOGIX's focus on leveraging technology to disrupt the traditional IRA industry, along with the substantial Series C investment and the backing of notable investors, positions the company as a key player in the Enterprise Software, Financial Services, and Fintech sectors, with significant potential for growth and innovation.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series C | $22.00M | 9 | Nick Cayer, Matthew T. Vettel | 13 Jul 2022 |
Series B | $11.00M | 2 | Morningstar | 07 Jun 2021 |
Series B | $7.50M | 4 | 10 Dec 2020 | |
Series A | $5.00M | 2 | Integrated Retirement Initiatives | 18 Oct 2018 |
Series A | $1.90M | 1 | Integrated Retirement Initiatives | 19 Apr 2016 |
No recent news or press coverage available for IRALOGIX.