# WealthForge Holdings

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/wealthforge-holdings

- Industry: Financial Services
- Headquarters: Richmond, US
- Website: www.wealthforge.com
- Total disclosed funding: $2.8M
- Latest round: Series A (Mar 31, 2014)
- Investors on record: 3

## About

WealthForge Holdings, Inc. offers specialized broker-dealer services that streamline fundraising for private companies through advanced technology solutions, enhancing the management of securities offerings.Founded in 2009, WealthForge Holdings, Inc. is headquartered in Richmond, US. The company focuses on facilitating fundraising for private companies. Mathew Dellorso is the founder, and Bill Robbins serves as the CEO. WealthForge has completed a total of 5 deals, with the most recent deal occurring on March 29, 2019. In this round, the company raised USD 3.00 mn in venture funding from unspecified investors, marking the total amount raised at USD 3.00 mn.WealthForge specializes in providing comprehensive managing broker-dealer services tailored for private companies seeking to streamline their fundraising processes. Their core offerings include advanced technology solutions that facilitate the management of securities offerings, significantly reducing the paperwork and manual data entry typically associated with such transactions. The platform serves a diverse client base, including institutional investors and retail clients, enabling faster order entry and investment processing. WealthForge's services are designed to enhance compliance and due diligence, backed by a seasoned team with experience across over 1,500 offerings. These solutions are primarily marketed in the United States, catering to various sectors that require efficient investment management and transaction processing.WealthForge generates revenue through transaction fees associated with their broker-dealer services, which structure B2B relationships primarily focused on institutional and retail clients. The company facilitates the sale of securities by providing a streamlined process for order entry and investment processing, thereby enhancing the speed and efficiency of transactions. Clients utilizing WealthForge's platform benefit from timely commission payments and reduced operational errors, which are crucial in the fast-paced financial environment. The revenue model is based on transaction volume, where fees are applied for each completed transaction, thus incentivizing both WealthForge and its clients to optimize investment processes and outcomes. This structure allows for a mutually beneficial relationship, helping to drive ongoing engagement with their suite of services.WealthForge has plans to enhance its product offerings, aiming to launch new technology solutions designed to further streamline the fundraising process, with specific release dates to be determined. The company is also targeting expansion into new geographic regions, including key markets in the US, by the end of 2023. The recent funding of USD 3.00 mn raised in March 2019 will be utilized to support these initiatives, allowing WealthForge to invest in technology development and market outreach.

## Funding rounds

- Series A, Mar 31, 2014, $1.9M — NRV, SenaHill Investment Group
- Series A, Aug 29, 2013, $0.6M — Virginia Venture Partners, NRV, SenaHill Investment Group
- Series A, Mar 22, 2012, $0.3M — NRV, SenaHill Investment Group

## Investors

- NRV (https://capitalatlas.ai/funds/nrv) — Series A
- SenaHill Investment Group (https://capitalatlas.ai/funds/senahill-investment-group) — Series A
- Virginia Venture Partners (https://capitalatlas.ai/funds/virginia-venture-partners) — Series A