Belgian wealthtech company InvestSuite has secured another €3 million in funding after raising €2 million earlier this year. As part of this round, existing backer PMV invested an additional €800,000, alongside AB Accelerator, 365.fintech and others.
InvestSuite offers ‘as-a-Service’ solutions to financial institutions for managing wealth and investments. Specific products cover multi-asset trading (SelfInvestor), quantitative portfolio construction (Optimizer) and portfolio reporting (StoryTeller).
Founded in 2018, the startup has raised €9 million to date and has been growing steadily. Just since March of this year, headcount has almost doubled, from 25 to 45 people, including multiple senior hires and expansion of the development and quant teams.
With headquarters in Leuven, the company has grown its presence in London, Madrid, Amsterdam, Warsaw, Copenhagen and Sydney, acquiring clients on four continents.
Photo: Co-founders Bart Vanhaeren (CEO) and Laurent Sorber (CTO)