Era, a San Francisco, CA-based AI-powered wealth management platform making wealth management more accessible, raised $3.1m in Seed funding.
The round was led by Northzone with participation from Protagonist and Designer Fund.
The company intends to use the funds to expand operations and its development efforts.
Founded by technology veterans, CEO Alex Norcliffe, and COO Lindsay Brady, Era uses artificial intelligence to personalize wealth management advice and automate financial tasks. Its AI recommendations are powered by market news and macroeconomic data, allowing users to understand daily information about how topics like company earnings, the jobs report and government policies affect their money and portfolios. The platform also puts AI to use automating mundane financial tasks like estimating taxes and moving money between accounts. To do this, Era pulls in relevant market news and macroeconomic data to improve its recommendations.
FinSMEs
10/11/2023