11 October 2024
Written By FinTech Alliance in FinTech
Farther, a tech-driven financial advisory firm, has raised $72M in a Series C funding round, co-led by CapitalG and Viewpoint Ventures, valuing the company at $542M. Farther boasts $5B in assets under management, reflecting 5x growth over the past year. The funds will be used to expand its advisor network and enhance its platform, which aims to boost advisor productivity by reducing administrative tasks. The company’s proprietary technology allows advisors to focus more on client interactions, driving its rapid growth.
Key Points:
- Raised $72M in Series C, now valued at $542M.
- $5B in AUM, 5x year-over-year growth.
- Proprietary tech boosts advisor-client interactions and productivity.