Purefacts Financial Solutions
Latest round
- Angel
Last raised
- Aug 2020
Total raised
- Undisclosed
Investors
- 1
About Purefacts Financial Solutions
Purefacts Financial Solutions, Inc.Founded in 2010 and headquartered in Toronto, Canada, Purefacts Financial Solutions, Inc. specializes in providing strategic solutions for the wealth management and asset servicing industries.Purefacts Financial Solutions Inc. specializes in Revenue Management solutions for investment companies, particularly in the wealth management, asset management, and asset servicing sectors. Their core offerings include PureFees, which streamlines the calculation and collection of fees, PureRewards, designed to optimize advisor compensation, and PureInsights, which provides performance intelligence enhanced by artificial intelligence. These products collectively aim to increase revenue, improve operational efficiency, and enhance compliance across various financial services.PureFacts operates on a B2B model, engaging with investment firms to provide subscription-based access to its suite of solutions. The company's transactions are primarily structured around service agreements where clients pay for access to the PureFacts platform, which includes the aforementioned products. The nature of these transactions typically involves ongoing fees that may vary based on the scale of usage and the specific services selected by the client. PureFacts' flagship products, particularly PureFees and PureRewards, are critical to generating revenue by enabling clients to optimize their fee structures and compensation models.Following the recapitalization on July 31, 2024, Purefacts Financial Solutions, Inc. plans to accelerate its market efforts and integrate digital transformation and artificial intelligence into its services. This includes developing new products and targeting expansion into additional markets, although specific details on new product launches and geographic targets have not been disclosed.
Who invested in Purefacts Financial Solutions
1 investor across 1 round
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Funding rounds
Angel
Aug 24, 2020
Amount
Undisclosed
Investors
Questions about Purefacts Financial Solutions
Who invested in Purefacts Financial Solutions?
Purefacts Financial Solutions has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Purefacts Financial Solutions raised?
Purefacts Financial Solutions has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Purefacts Financial Solutions last raise money?
Purefacts Financial Solutions's most recent round on record is a Angel, in Aug 2020.
What does Purefacts Financial Solutions do?
Purefacts Financial Solutions, Inc.
Where is Purefacts Financial Solutions headquartered?
Purefacts Financial Solutions is headquartered in Toronto, Canada.
Which VCs invest in companies like Purefacts Financial Solutions?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Purefacts Financial Solutions's stage. Their profiles are linked below.
VCs backing financial services startups at Angel
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