# WiseBanyan

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

- Industry: Financial Services
- Headquarters: New York, US
- Website: www.wisebanyan.com
- Latest round: Seed (Oct 1, 2016)
- Investors on record: 11

## About

WiseBanyan, Inc. is a financial technology company that provides automated investment services, empowering users with tailored investment solutions through a user-friendly platform.WiseBanyan, Inc., founded in 2013, is headquartered in New York, US. The company specializes in providing automated investment solutions. It has completed a total of 5 deals, with its most recent deal occurring on October 24, 2018. The latest funding round raised USD 6.65 mn, bringing the total amount raised to USD 6.65 mn. The company was acquired by Axos Financial, Inc. in October 2018, which involved the acquisition of certain assets from WiseBanyan.WiseBanyan, Inc. offers a range of investment solutions tailored to meet the needs of various clients, including both novice and experienced investors. Their primary offerings consist of data-driven Managed Portfolios and a Self-Directed Trading platform. The Managed Portfolios allow clients to set their risk profiles and investment goals, with a robo-advisor managing trades based on real-time market analysis. Additionally, the Self-Directed Trading platform enables users to execute commission-free trades on various stocks, ETFs, and options, thereby increasing accessibility to financial markets across the United States.WiseBanyan, Inc. generates revenue through advisory fees associated with investment management and potential fees from trading activities. The Managed Portfolios have low management fees, providing clients with a cost-effective investment strategy tailored to their risk levels and objectives. The Self-Directed Trading platform features commission-free trades on a selection of stocks and ETFs, which supports user engagement without transaction costs. The company prioritizes a user-friendly experience, offering real-time market data and research tools to facilitate informed investment decisions.Looking ahead, WiseBanyan, Inc. plans to expand its product offerings and geographic reach. The company is actively designing new investment products that will cater to a broader audience, with expected launches in the upcoming year. Furthermore, WiseBanyan aims to penetrate additional markets within the United States to increase its user base. The recent funding of USD 6.65 mn will support these initiatives and enhance product development efforts. The company’s acquisition by Axos Financial, Inc. in October 2018 will also provide opportunities for integrated services and expanded market presence.

## Funding rounds

- Seed, Oct 1, 2016 — Financial Health Network, John Hancock Financial Services, SF Capital Group, Upslope Ventures, Village Capital, Battle Born Venture, A-Level Capital
- Seed, Sep 12, 2014 — John Hancock Financial Services, Renren Inc., VTF Capital, InnoSpring, Upslope Ventures, Village Capital, Sorenson Legacy Foundation

## Investors

- John Hancock Financial Services — Seed
- Renren Inc. — Seed
- VTF Capital (https://capitalatlas.ai/funds/vtf-capital) — Seed
- InnoSpring (https://capitalatlas.ai/funds/innospring) — Seed
- Upslope Ventures (https://capitalatlas.ai/funds/upslope-ventures) — Seed
- Village Capital (https://capitalatlas.ai/funds/village-capital) — Seed
- Sorenson Legacy Foundation — Seed
- Financial Health Network (https://capitalatlas.ai/funds/financial-health-network) — Seed
- SF Capital Group — Seed
- Battle Born Venture — Seed
- A-Level Capital (https://capitalatlas.ai/funds/a-level-capital) — Seed