# Alphathena

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/alphathena

- Industry: Software
- Headquarters: Warrenville, US
- Website: www.alphathena.com/
- Total disclosed funding: $3.9M
- Latest round: Seed (Dec 5, 2023)
- Investors on record: 2

## About

Founded in 2020 and based in Illinois, US, Alphathena, Inc., operates as a financial technology company that provides solutions and tools to enhance investment management. In December 2023, Alphathena, Inc. raised USD 3.9 million in seed funding from investors ETFS Capital and Hyde Park Angels. As of 2024, the company is led by its CEO, Mohan Naidu.

The company offers an artificial intelligence-based platform along with tools for optimizing direct index portfolios over time, including tax-loss harvesting, automatic rebalancing, and deep analytics used to search to discover new equities, screen for ESG preferences, and more, enhancing productivity.

The company’s application integration platform integrates into WealthTech platforms, enabling personalization in minutes used to optimize allocations and minimize tracking errors for any index or portfolio.

The company plans to use the December 2023 funding to double down on important commercial distribution areas while also pushing forward with its product development objectives.

## Funding rounds

- Seed, Dec 5, 2023, $3.9M — Hyde Park Angels, ETFS Capital

## Investors

- Hyde Park Angels (https://capitalatlas.ai/funds/hyde-park-angels) — Seed
- ETFS Capital (https://capitalatlas.ai/funds/etfs-capital) — Seed