# AQUMON

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

- Industry: Financial Services
- Headquarters: Hong Kong, Hong Kong SAR - China
- Website: www.aqumon.com
- Latest round: Series A (Sep 6, 2018)
- Investors on record: 2

## About

Established in 2015 and based in Hong Kong, AQUMON is a digital wealth management platform that simplifies investment management through advanced technology, offering personalized strategies for individual and institutional investors.AQUMON provides a digital wealth management solution that caters to both individual and institutional clients, focusing on innovative investment strategies. The company was founded in 2016 in Hong Kong by Don Huang, Kelvin Lei, and Yao Huang. The firm has raised USD 30.00 mn in its most recent funding round in October 2020 from investors including Alibaba Entrepreneurs Fund, Cyberport, Lenovo Venture Capital, Wing Lung Asset Management, and Zhenghe Capital. AQUMON has successfully completed a total of 4 investment deals to date.AQUMON offers a comprehensive suite of products designed to simplify investment management for clients. Its primary service, the Robo Advisor, employs advanced algorithms to provide customized investment strategies, optimizing asset allocation across various instruments such as ETFs and mutual funds. The platform also features a Fund Supermarket, allowing clients to curate their investment portfolios based on risk tolerance and financial objectives. The platform serves individual investors, financial institutions, and family offices in Asia, particularly in Hong Kong and Mainland China, by leveraging technology to meet modern investment needs.AQUMON generates revenue through management fees based on assets under management, commissions on trades, and service subscriptions. Clients interact with the platform primarily on a B2C basis for portfolio management and investment strategies. Management fees are determined by total assets under management for advisory services, while transaction fees apply to trades. The firm also provides a tiered subscription model with access to various services tailored to clients’ investment sizes and needs, with flagship offerings enhancing revenue through improved investment performance and client engagement.AQUMON plans to utilize the recent funding of USD 30.00 mn raised in October 2020 to support its growth strategy, which includes the development of new products aimed at enhancing user experience and expanding its service offerings. The firm seeks to enter additional markets in Asia, specifically targeting regions in Southeast Asia by 2022. This strategic expansion is designed to tap into the growing demand for digital wealth management solutions across diverse demographics.

## Funding rounds

- Series A, Sep 6, 2018 — BOC International, Alibaba Entrepreneurs Fund
- Series A, Jun 22, 2017 — Alibaba Entrepreneurs Fund

## Investors

- Alibaba Entrepreneurs Fund (https://capitalatlas.ai/funds/alibaba-entrepreneurs-fund) — Series A
- BOC International (https://capitalatlas.ai/funds/boc-international) — Series A