# Vise

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

- Industry: Software
- Headquarters: New York, US
- Website: www.vise.com
- Total disclosed funding: $127M
- Latest round: Series C (May 18, 2021)
- Investors on record: 10

## About

Based in New York, US and founded in 2016 by Samir Vasavada and Runik Mehrotra, Vise, Inc. offers AI-powered investment platform that provides financial advisors with intelligent and customized investment solution to help their clients achieve their goals. In May 2021, the company raised USD 65 million in a Series C funding led by Ribbit Capital, with participation from Sequoia Capital and GE32 Capital. With the Series C funding, the firm has raised a total of USD 126.5 million in funding and is valued at USD 1 billion post-money.

Vise provides a platform with tools and technology for creating highly personalized portfolios, providing deep insights on each investment decision, and fully automating the investment management process.

The company generates revenue from the asset-based fee (management fee), platform fee and other fees and expenses. The management is generally 0.50% of assets under management while the platform fee is not more than USD 1000 per month, which is paid monthly in advance. 

The company plans to use its proceeds from May 2021 to continue to expand its team of world-class talent and build out and enhance its product and functionaries.

## Funding rounds

- Series C, May 18, 2021, $65M — Hong Shan, Ribbit Capital, GE32 Capital
- Series B, Dec 15, 2020, $45M — Hong Shan, Allen & Company, Founders Fund, Greenoaks Capital
- Series A, May 12, 2020, $15M — Hong Shan, Founders Fund, Great Oaks Venture Capital, Bling Capital, Human Capital
- Seed, May 15, 2019, $2M — Founders Fund, Great Oaks Venture Capital, Bling Capital, The MBA Fund

## Investors

- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Seed, Series A, Series B
- Great Oaks Venture Capital (https://capitalatlas.ai/funds/great-oaks-venture-capital) — Seed, Series A
- Bling Capital (https://capitalatlas.ai/funds/bling-capital) — Seed, Series A
- The MBA Fund (https://capitalatlas.ai/funds/the-mba-fund) — Seed
- Hong Shan — Series A, Series B, Series C
- Human Capital (https://capitalatlas.ai/funds/human-capital) — Series A
- Allen & Company — Series B
- Greenoaks Capital (https://capitalatlas.ai/funds/greenoaks-capital) — Series B
- Ribbit Capital (https://capitalatlas.ai/funds/ribbit-capital) — Series C
- GE32 Capital — Series C