# MyFO

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

- Industry: Software
- Headquarters: Vancouver, Canada
- Website: www.myfo.tech/
- Total disclosed funding: $3.5M
- Latest round: Seed (Oct 18, 2024)
- Investors on record: 1

## About

Based in Vancouver, Canada, and founded in 2021, First Democracy Technology Inc. trading under the name MyFO, operates as a SaaS operating platform developer that offers net worth snapshots, carefully chosen advice, and customized workflows to assist people in starting and expanding family offices. In October 2024, MyFO raised USD 3.5 million in seed funding led by Rhino Ventures.

MyFO is a platform that helps manage family businesses, family offices, and wealth advisors. The company provides real-time updates, stores documents safely, and combines reports in one place. The firm's platform saves time and reduces costs by organizing assets and entities in a single system, making it easier to operate and make decisions. The company also allows for secure sharing of documents and tools to manage stakeholders, while ensuring strong data protection with security. MyFO offers personalized support to help users manage wealth and legacy more effectively and securely.

The company plans to use the October 2024 funding to increase its workforce, improve product offerings, and scale operations to meet rising demand.

## Funding rounds

- Seed, Oct 18, 2024, $3.5M — Rhino Ventures

## Investors

- Rhino Ventures (https://capitalatlas.ai/funds/rhino-ventures) — Seed