California based InvestCloud, a cloud-based solution for global investment advisors, raised $45m in growth equity funding led by FTV Capital. The funding is intended to help enhance the company's state-of-the-art platform and functionality, customer service, and expand the company's global footprint. Today InvestCloud supports over $1.4t in assets.
InvestCloud, Inc, a provider of cloud-based front and middle-office solutions focused on digitizing customer experiences and internal operations for global investment advisors, today announced it has raised $45 million in growth equity funding. The round was led by FTV Capital and will be used to further invest in the company's state-of-the-art platform and functionality, enhance customer service, and expand the company's global footprint. Richard Garman, FTV Capital managing partner, has joined InvestCloud's board of directors. InvestCloud has built a proprietary technology platform that offers the investment community the ability to easily build and customize an end-to-end digital experience. Their platform uses highly configurable modules, viewed via a single dashboard, integrating dozens of disparate internal/external financial systems, accounts and products, and enabling unique reports, views of data and workflows.