iraLogix
Latest round
- Series C
Last raised
- May 2022
Total raised
- $27M
Investors
- 8
About iraLogix
iraLogix, Inc.Founded in 2015 and headquartered in Pittsburgh, US, iraLogix, Inc. specializes in delivering Institutional IRA solutions. The company was co-founded by Joe Hipsky, Peter Littlejohn, and Timothy Haluszczak, with David Bernard serving as its CEO.43 mn.iraLogix specializes in providing advanced technology solutions tailored for the wealth management industry, primarily through its cloud-native, white-labeled IRA platform. The core offering allows financial institutions to implement Institutional IRA solutions without account minimums, broadening access to retirement saving options for diverse clients, including those with lower net worth or limited investment experience. This platform supports various IRA products, including Traditional and Roth IRAs, SEP and SIMPLE IRA Plans, and Automatic IRA Rollovers. By leveraging proprietary Software as a Service (SaaS) technology, iraLogix enables financial firms to enhance efficiency while eliminating the constraints of legacy systems.iraLogix generates revenue primarily through partnerships and subscriptions tied to its SaaS offering. Financial institutions that adopt its technology pay for the use of the platform, which simplifies IRA account administration and compliance requirements. The revenue structure is designed to facilitate B2B transactions, wherein iraLogix collaborates with wealth management firms to provide branded IRA solutions that enhance their service offerings. Specific pricing plans for these technology solutions are not publicly disclosed; however, clients benefit from retaining account ownership and assets under management while outsourcing administrative tasks to iraLogix. The company is actively working on designing new products aimed at enhancing the functionality of its existing IRA platform. Additionally, iraLogix plans to enter new markets within the wealth management sector across the United States, with specific strategies expected to be implemented by the end of 2023.
Who invested in iraLogix
8 investors across 3 rounds
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Questions about iraLogix
Who invested in iraLogix?
iraLogix has 8 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has iraLogix raised?
iraLogix has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did iraLogix last raise money?
iraLogix's most recent round on record is a Series C, in May 2022.
What does iraLogix do?
iraLogix is a software company.
Where is iraLogix headquartered?
iraLogix is headquartered in Pittsburgh, US.
Which VCs invest in companies like iraLogix?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at iraLogix's stage. Their profiles are linked below.
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