Bringing you live news and features since 2006 

Bringing you news, views and analysis since 2013

d1g1t closes CAD16m financing round

d1g1t Inc, the provider of an enterprise wealth management platform powered by institutional-grade analytics and risk management tools, has closed a new fundraising round worth CAD16 million. 

The round was led by returning d1g1t investor CI Financial Corp and included two new institutional investors: National Bank of Canada’s corporate venture capital arm NAventures and US-based fintech venture capital firm MissionOG.
 
d1g1t will leverage the funding to expand the capabilities of its platform, advance product innovation, scale operations and add to its sales and marketing teams – all with an eye toward supporting its continued growth and cementing its presence in the US wealth management market. 
 
Dr Dan Rosen, d1g1t’s co-Founder and CEO, says: “The company is both humbled and delighted that it continues to attract investment from some of the most prominent names in wealth management throughout North America. The confidence they have placed in us validates our unique value proposition and highlights that d1g1t’s platform is fast becoming the preferred choice for firms eager to empower advisors with the most sophisticated technology offering in the industry.” 
 
The announcement comes as the company continues to experience explosive growth. Despite a global pandemic, d1g1t doubled revenue and grew its headcount by over 50 per cent in 2020.

Launched in 2016, d1g1t now has over 60 employees supporting some of the top wealth management firms, multi-family offices, registered investment advisors (RIAs) and broker-dealers in North America serving high-net-worth and ultra-high-net-worth investors.
 

Latest News

ETF data providers ETFGI report that assets invested in the global ETFs industry extended its lead over the global hedge..
Never a dull moment for Cathie Wood, founder and CEO of ARK Invest. In 2020 she was the ETF darling enjoying..
New data from ETP provider GraniteShares, which offers a range of 3x short and 3x leveraged ETPs on popular UK,..
New York based MacMillan Communications, a well-known provider of public relations services to the finance industry since 1996, which has..

Related Articles

Osprey Funds’ founder and CEO, Greg King, has written an open letter to Barry Silbert, majority owner of Digital Currency Group which owns Grayscale, suggesting that he uses his powers...
Comparing multifactor ETFs to the popular Marvel Avengers series may seem a bit of a stretch but recent analysis from Morningstar suggests the investment strategies have more in common with...
Franklin Templeton, with global ETF AUM exceeding USD13 billion, launched its European ETF offering in 2017, and announced last year the hire of Lotfi Ladjemi as Senior ETF Sales Specialist...
Welcome to the 2023 ETF Express Global Outlook, in association with Qontigo’s STOXX index business, which garners the views of global ETF investors on likely trends for the coming year....
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by