# ByAllAccounts

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

- Industry: Software
- Headquarters: Woburn, US
- Website: www.byallaccounts.com
- Total disclosed funding: $10M
- Latest round: Series B (Sep 9, 2010)
- Investors on record: 2

## About

ByAllAccounts provides data aggregation solutions that streamline financial data collection for wealth management firms, offering access to an extensive network of custodial data feeds and enhancing client advisory services.Founded in 1999 in Woburn, US, ByAllAccounts specializes in financial data aggregation. The company has undergone strategic pivots, including its acquisition by Morningstar, Inc. in April 2014 for USD 28 mn. ByAllAccounts has successfully completed 3 deals to date.ByAllAccounts offers a comprehensive data aggregation network designed to streamline financial data collection and management for wealth management platforms and firms. The core functionality revolves around providing access to an extensive custodial network, comprising approximately 200 data feeds from various top custodians and specialty technology providers. This service empowers wealth management firms to eliminate costly custom integrations and facilitates the onboarding of new advisors and firms. ByAllAccounts enables users to access over 1,200 custodial data sources through a single connection, allowing advisors to generate detailed reports and insights into client holdings, risk profiles, spending habits, and cash flows. The platform is particularly tailored for Registered Investment Advisors (RIAs) and broker-dealer firms across North America and Europe, supporting the need for personalized financial guidance and compliance with regulatory standards.ByAllAccounts generates revenue through a subscription-based model, where wealth management firms and financial institutions pay for access to its data aggregation services. Clients subscribe to different tiers of service, which may include premium features such as advanced analytics and reporting tools. Firms often partner with ByAllAccounts to enhance their client offerings via access to the ByAllAccounts Data Network. The revenue model is structured to cater to the diverse needs of clients, enabling wealth management firms to scale their operations while maintaining high levels of data integrity and security, ultimately enhancing client engagement and service delivery.The most recent acquisition by Morningstar, Inc. is expected to bolster ByAllAccounts’ growth trajectory and service offerings. While specific new product launches have not been disclosed, the company aims to leverage its enhanced capabilities to expand into additional markets within North America and Europe, focusing on optimizing its data services for emerging financial technologies. The strategic use of the USD 28 mn from the latest funding round will support these initiatives as ByAllAccounts seeks to innovate and consolidate its position in the financial data aggregation space.

## Funding rounds

- Series B, Sep 9, 2010, $5M — Castile Ventures
- Series A, Feb 8, 2008, $5M — Commonwealth Capital Ventures

## Investors

- Commonwealth Capital Ventures (https://capitalatlas.ai/funds/commonwealth-capital-ventures) — Series A
- Castile Ventures (https://capitalatlas.ai/funds/castile-ventures) — Series B