# DrWealth

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

- Industry: Financial Services
- Headquarters: Singapore, Singapore
- Website: www.drwealth.com
- Total disclosed funding: $0.6M
- Latest round: Seed (Oct 14, 2014)
- Investors on record: 1

## About

DrWealth is a financial technology company based in Singapore that specializes in delivering actionable investment insights to empower individual investors in managing and enhancing their wealth effectively.Founded in 2013 in Singapore, DrWealth provides a platform that empowers investors by offering market analysis and stock recommendations. The company secured SGD 0.8 million in Seed funding in October 2014 from Puffer Ventures, part of Phillip Private Equity. The CEO of DrWealth is Alvin Chow, and the founder is CFTe Alex Yeo.DrWealth specializes in providing actionable investment insights aimed at empowering individual investors to grow their wealth. The company's primary offerings include in-depth market analysis, stock recommendations, and educational resources tailored for both novice and experienced investors. These services are designed to simplify the investment process by breaking down complex financial data into understandable insights, thus helping clients make informed decisions. DrWealth serves a diverse clientele that includes retail investors, institutional investors, and individuals seeking to enhance their financial literacy and investment strategies. The company’s insights focus on various geographical markets, including Singapore, Malaysia, China, and the United States, addressing the unique investment opportunities and challenges present in each region.In the most recent year, 2023, DrWealth generated revenue of SGD 388,619.6 with an EBITDA of SGD 63,596.2. The company operates on a subscription-based model, providing clients access to premium investment insights and market analysis, which are facilitated through an easy-to-use online platform.DrWealth aims to enhance its service offerings by developing new investment tools and platforms, with plans to launch these products by the end of 2024. The company is also targeting expansion into markets such as Indonesia and Thailand by 2025, aiming to reach a broader audience of individual investors in these regions. The recent Seed funding of SGD 0.8 million will be utilized to support the development of these new products and to facilitate market entry strategies.

## Funding rounds

- Seed, Oct 14, 2014, $0.6M — Phillip Private Equity

## Investors

- Phillip Private Equity (https://capitalatlas.ai/funds/phillip-private-equity) — Seed