Tifin Amp, a US and India-based Artificial Intelligence modern distribution company, closed a Series A funding round of undisclosed amount.
The round was led by Motive Ventures, the venture arm of Motive Partners. Alvi Abuaf, an Industry Partner at Motive Partners, will serve on the TIFIN AMP board.
Led by Dr. Vinay Nair, the Founder and CEO, Tifin Amp provides an integrated distribution platform focuses on the asset management industry. Powered by advanced machine learning and data science, the system empowers top-tier asset management firms to uncover untapped fund and managed account distribution opportunities within their existing client and prospect base. With its integrated Nurture capabilities that provide real-time feedback, asset managers can design their own custom algorithmic platforms that are learning and evolving automatically when targeting wealth managers.
Since its launch in December 2022, the company has been working with leading asset managers, revolutionizing their distribution strategies through the power of AI and data science.
Tifin Amp also announced the establishment of a new board independent from parent company Tifin, an AI and innovation platform for wealth. Tifin manages Magnifi, a consumer-focused marketplace that delivers investment personalization through next-gen intelligence and an AI investing assistant; TIFIN Wealth, an AI engine that enables organic growth for financial advisors, wealth enterprises, and workplace financial providers through investment proposals, marketing automation, and data science; TIFIN AMP, an AI platform to modernize distribution for Asset Management firms; and TIFIN Studios, an incubation platform for new business creation.
FinSMEs
09/06/2023