The vast majority of individuals make their livings from wages, salaries, or other forms of labor compensation. However, this is changing as our outlook on work and how income is earned continues to evolve. For the most affluent, a large portion of their total income is derived from capital investments; there are countless services available that are catered to manage the sophisticated finances for this group. Harness Wealth is an accessible digital wealth management solution for the needs of people that have sizable equity-based holdings but aren’t necessarily affluent yet. The digital platform is a hub that focuses on financial, tax, and estate planning that connects founders, employees, and investors with vetted professionals and advisory firms. The target audience has tremendous demands on their time and optimizing their financial health often isn’t top of mind. Yet, decisions made now can have an outsized impact in the future for wealth creation. Founded in 2018, Harness Wealth now has over 1000 advisers to make wealth management accessible to this increasing portion of the population with investable assets that are seeking hybrid solutions. AlleyWatch caught up with CEO and Founder David Snider to learn more about the inspiration for the business, the company’s strategic plans, latest round of funding, from investors that include Jackson Square Ventures, Bain Capital, GingerBread Capital, FJ Labs, i2BF, Torch Capital, Activant, NFP Ventures, First Minute Capital, Liquid2 Ventures, Alleycorp, Marc Benioff, Paul Edgerley, and Ori Allon.
I2BF Global Ventures
The Weekly Notable Startup Funding Report: 7/5/21
The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 7/3/21 featuring funding details for ShipBob, LocoNav, Alto, and twenty-five other rounds that you need to know about.
The Weekly Notable Startup Funding Report: 6/7/21
The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 6/5/21 featuring funding details for Gong, Shippo, LeoLabs, and twenty-three other rounds that you must know about.
fuboTV Acquired by FaceBank Group
fuboTV, the live-TV streaming platform, has agreed to be acquired by publicly-traded FaceBank Group, the character-based virtual entertainment company. Terms of the transactions were not disclosed but fuboTV will become a wholly-owned subsidiary of FaceBank Group after the transaction closes. “The business combination of FaceBank Group and fuboTV accelerates our ability to build a category-defining […]