HomeCanadaMyFO Raises $3.5M in Seed Funding

MyFO Raises $3.5M in Seed Funding

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MyFO

MyFO, a Vancouver, Canada-based provider of a platform for family offices and the wealth management professionals who service them, raised $3.5M in Seed funding.

The round was led by Rhino Ventures.

The company intends to use the funds to scale its operations, enhance its product offerings, and expand its team.

Led by CEO Simrang Kang and Jon Ricci, MyFO provides a platform for family offices and the wealth management professionals that service them. It is integrated with over 20,000 financial institutions across North America and empowers wealth management with its tools that improves decision-making for discerning individuals, consolidating data, documents, and stakeholder management.

Although the platform uses the advanced technology for tasks such as data ingestion, its primary goal is to deliver a secure solution used to the needs of family offices, particularly those with heightened concerns about privacy and data security.

FinSMEs

20/10/2024

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