What does Zoe do?
Zoe is a digital end-to-end wealth platform based in NYC that connects registered investment advisors (RIAs) with investors. The platform delivers services such as account opening, funding, automated rebalancing, direct indexing, and commission-free fractional trading, while also offering outsourced business development, operations support, a client referral network, and customizable, white-labeled solutions for RIAs.
How much did they raise?
The company closed a $29.6M Series B funding round, led by Sageview Capital with participation from CAPTRUST, Creative Planning, Mariner Wealth Advisors, Perigon Wealth Management, and Falcon Wealth Planning. This round brings Zoe's total funding to $45M.
What are their plans for the money?
Zoe plans to use the funding to expand its wealth platform capabilities and scale its team, aiming to enhance both technological offerings and operational support for RIAs, which could lead to improved client experiences and broader market reach.
What have they achieved so far?
Zoe has already developed a comprehensive platform that integrates crucial wealth management functions, enabling efficient and customizable solutions that help RIAs scale and better serve their clients.
