GeoWealth raised $18 million in a growth investment round led by BlackRock to develop offerings enabling advisors to meet client demand for a broad range of asset types.
Jul 26, 2024•12 months ago
Amount Raised
$18 Million
ChicagoInvestors
J.P. Morgan Asset ManagementKayne Anderson Growth CapitalBlack Rock
Description
GeoWealth, a proprietary technology and turnkey asset management platform, announced the closure of an $18 million growth investment round led by BlackRock. The funding will be used to support the continued development of offerings that enable advisors to meet client demand for access to an increasingly broad range of asset types in a unified account.
FundzWatch™ Score
78
Medium Activity
Buyer Intent Analysis
Get personalized insights on buying likelihood
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech