# Wealthpilot

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

- Industry: Software
- Headquarters: Munich, Germany
- Website: www.wealthpilot.de
- Total disclosed funding: $15M
- Latest round: Series B (Feb 18, 2021)
- Investors on record: 4

## About

Wealthpilot GmbH is a digital platform that enhances wealth management by streamlining the advisory process for financial institutions, encompassing a comprehensive suite of tools for visualizing portfolios and optimizing client interactions.Wealthpilot GmbH specializes in a digital wealth management platform designed to facilitate the advisory process for financial institutions. The company was founded by Christof Dallermassl, Daniel Juppe, Marco Richter, and Stephan Schug. The headquarters is located in Munich, Germany. The company has raised EUR 8 million in Series B funding on February 18, 2021, led by NextStage, with participation from Bayern Kapital and MIG Verwaltungs AG among others. The total amount raised by the company stands at EUR 8 million, and its current valuation is EUR 38.831 million.Wealthpilot specializes in providing a digital platform for wealth management that streamlines the advisory process for financial institutions. Its core offerings include a comprehensive software solution that visualizes complex client portfolios with real-time insights into total wealth, including external assets. This platform enhances the client experience by eliminating data silos through seamless integration into existing systems, thus ensuring a smooth advisory process. The software caters to a diverse clientele primarily within the Private Banking and upper Private Client segments across Germany and other European markets, including cooperative banks and savings banks. End users range from financial advisors to high-net-worth individuals who seek a more structured and efficient approach to wealth management.In 2022, Wealthpilot GmbH reported a revenue of EUR 2,833,952.80, while the EBITDA for the same year was EUR -5,409,925.70. The revenue model is largely based on subscription fees for its software services tailored to the needs of banks, wealth management firms, and financial advisors. Clients engage with various pricing plans that typically include annual licenses, which grant access to the full suite of features and ongoing support. These arrangements allow institutions to provide their clients with advanced wealth management tools, thus improving client retention and attracting new business.Wealthpilot GmbH intends to utilize the EUR 8 million raised in Series B funding to expand data aggregation capabilities to support additional asset classes. The company plans to enhance its platform with new features and services, targeting deployment in new markets throughout Europe by the end of 2023. This strategic initiative aims to bolster wealth management offerings for a broader range of financial institutions, facilitating improved client services.

## Funding rounds

- Series B, Feb 18, 2021, $9.7M — NextStage, Seventure Partners, MIG Capital, Bayern Kapital
- Series A, Oct 1, 2019, $2.9M — Bayern Kapital
- Seed, Mar 1, 2018, $2.5M — Bayern Kapital

## Investors

- Bayern Kapital (https://capitalatlas.ai/funds/bayern-kapital) — Seed, Series A, Series B
- NextStage (https://capitalatlas.ai/funds/nextstage) — Series B
- Seventure Partners (https://capitalatlas.ai/funds/seventure-partners) — Series B
- MIG Capital (https://capitalatlas.ai/funds/mig-capital) — Series B