Chris Witkowsky’s Post

Sidekick Money is a new wealth management platform that aims to bring financial services, usually available only to the ultra-wealthy, to a broader audience. Founded by Matthew Ford and Peter Townsend, the platform focuses on helping professionals like #founders, #tech-workers, and lawyers grow their wealth more effectively. Several notable investors and venture capital firms, including Pact VC, TheVentureCity, MS&AD Ventures , BlackWood, 1818 Venture Capital, and Columbia Lake Partners, support Sidekick Money. They believe in Sidekick’s mission to reduce wealth disparity by offering advanced financial tools and products to more people. Key features of #Sidekick Money include: -Actively Managed Equities Product: This allows users to invest in a diversified portfolio with a low minimum investment requirement. Portfolio Line of Credit: This product lets investors borrow against their investment portfolios, avoiding the need to sell assets prematurely. Instant-Access Savings Account: Offers a competitive interest rate, with a bonus for those who invest in Sidekick’s main portfolio. Supporters like Monik Pham of Pact VC and Álvaro Sanz Sieteiglesias of TheVentureCity praise Sidekick for making sophisticated financial services more accessible. The platform’s strong regulatory compliance and technology have also impressed investors like Tiffine Wang of MS&AD Ventures and Abbas Kazmi of Blackwood Ventures. Matthew Ford, Sidekick’s CEO, emphasizes the platform’s goal to help hard-working professionals achieve long-term financial success. With a dedicated team, including Chief Investment Officer Cyril Bosch, Sidekick Money is set to provide transparent, affordable, and high-quality wealth management solutions to a wider audience. 💡 Question: What financial tools or products are essential for professionals seeking to grow their wealth? #wealthmanagement #financialinclusion #fintech #investment #Vsourz #Vectors #SideKick

Cohere Capital has successfully closed its Fund II with over $215 million in commitments, while forming a strategic minority partnership with TPG. This partnership provides Cohere access to TPG's extensive network and operational capabilities, advancing their focus on tech-enabled businesses. Co-founders Nik Shah and Daniel Gedney bring decades of middle-market investing experience to Cohere's mission. https://lnkd.in/eEM7kZNi #limitedpartner #limitedpartners #LP

One of the #privateequity emerging firms we've been tracking since inception, Cohere Capital, has closed its second fund. The firm also received a strategic minority investment from TPG's NEXT platform, which seeds and supports new managers. Cohere, formed by ex-H.I.G. Capital execs Nik Shah and Daniel Gedney in 2019, sees the deal environment for lower mid-market tech-enabled services businesses opening up this year. Founders and owners that put off a deal over the last two years have likely “reached the point where they do want to do it with maybe a little more flexibility on price and the goal of doing a transaction. That dynamic will drive some more activity and sourcing for us this year,” Shah said. Read the full story here on Buyouts: https://lnkd.in/dWc3UjYc

Venture Capital Trusts have raised £3 billion in the last 3 tax years – and 2023/24 was the third highest year on record. For data visualisations, commentary and analysis, go here: https://lnkd.in/eS9Fx4Cj ➤ Which VCTs raised the most? Whose offers filled fastest? Watch the animated charts and find all the figures in the article… ➤ With comments from David Hall, Will Fraser-Allen, Bethany Dudley and Richard Stone Read more: https://lnkd.in/eS9Fx4Cj Featuring: Octopus Investments, AlbionVC / Albion Capital Group LLP, YFM Equity Partners, Pembroke VCT, Maven Capital Partners, Unicorn Asset Management, Gresham House Ventures, Mercia Asset Management PLC, Foresight Group, Puma Investments, ProVen / Beringea, Hargreave Hale AIM VCT, Molten Ventures, Triple Point, Blackfinch Ventures, Calculus Capital, Guinness Ventures, Seneca Partners Limited, Fuel Ventures 🚀 and Praetura Ventures. Data sources: The Association of Investment Companies (AIC), Wealth Club. #venturecapital #investment #statistics #dataviz

Farther, a technology-bolstered advisory firm, announced it has raised $72 million USD in a Series C round, co-led by CapitalG (Alphabet’s growth fund) and Viewpoint Ventures. Other notable investors include Bessemer Venture Partners, Khosla Ventures, and Lightspeed Venture Partners. This funding boosts Farther’s valuation to $542 million as the company surpasses 5000 customers and $5 billion in assets under management, marking 5x year-over-year growth. Farther’s technology infrastructure automates administrative tasks, allowing advisors to spend 90% of their time on client relationships and growing their businesses. CEO Taylor Matthews remarked, "This investment strengthens our commitment to reshaping wealth management by empowering advisors and delivering superior client experiences." With over $117 million raised to date, Farther continues to attract industry-leading advisors, expand its wealth management platform, and demonstrate the ever-growing market opportunity for tools that enhance advisor-in-the-loop services. Learn more about Farther: https://lnkd.in/gpJ3SMtt Read more about Farther’s Series C: https://lnkd.in/gxngt5Tb Catch up on more WealthTech news with our WealthTech Strategy Partners blog site: https://lnkd.in/gK-TxPx6 #wealthtech #fintech #SeriesC #Farther #wealthmanagement

Financial advisory clients will increasingly benefit as technology handles more administrative tasks, allowing advisors to focus on serving their clients. This is a significant win for WealthTech tools that empower professionals to prioritize personal connection.

🚀🎉 We're excited to welcome Simon Capital to the VESTBERRY family! 🚀 🚀 At Vestberry, we're dedicated to empowering investors with cutting-edge fintech solutions to streamline portfolio management, enhance investor relations, and drive strategic decision-making. About Simon Capital Simon Capital is renowned for the next generation approach to investment, focusing on investing in mission-driven founders who identify the needs of their customers with innovative business models and disrupting product solutions in order to shape a better and sustainable future for the next generation. Their commitment to efficiency and data-driven decision-making perfectly complements Vestberry's mission to revolutionize portfolio and fund management in the Venture Capital space. 🌱📈 Why the buzz? Well, brace yourself. Simon Capital is teaming up with Vestberry to tackle some of the toughest challenges in the VC game. By leveraging Vestberry's cutting-edge portfolio intelligence software, Simon Capital aims to address the following challenges in their investment process: ●     Streamlining manual data collection from portfolio companies, reducing time and effort spent on tracking reporting status and manual reminders. ●     Establishing a single source of truth for all historical data, ensuring consistency and accuracy in decision-making. ●     Unlocking valuable insights from data, including charts, development analysis, and more, to support strategic decisions and drive growth. The Vestberry team is dedicated to supporting our new client Simon Capital in the following areas: 1.   Automated Reporting 2.   Real-Time Dashboards 3.   ESG Reporting 4.   Fund Analytics 5.   Data-Driven Decisions 6.   Fund Administration Interface With Vestberry's support in these areas, Simon Capital is poised to streamline operations, drive growth, and achieve their investment objectives effectively and efficiently. We're thrilled to collaborate with Simon Capital and support their processes! 🌟🚀 Join us in embracing data-driven decision-making and empowering growth. Vestberry empowers investment firms like Simon Capital to thrive in today's dynamic market. 🌍💡 #VentureCapital #FintechSolutions #VCInnovation #VCGrowth #PortfolioManagement #InvestorRelations #DataDrivenInvesting #AutomatedReporting #RealTimeDashboards #ESGInvesting #FundAnalytics #VCStrategy #TechForVC #NextGenVC #SustainableInvesting #VCTrends #VCInsights #EmpoweringVC #DataIntelligence

The round also saw continued support from existing investors including Bessemer Venture Partners, BlackRock, Earlybird, HV Capital, Motive Ventures, and Notion Capital. https://lnkd.in/eV3qnc3u

Got another first-timer for youse guys: Palm Peak Capital, LLC, a spinout from Sun Capital Partners, Inc., is in market with its debut #privateequity fund targeting investments in industrial manufacturing and biz services. The firm was formed earlier this year by three senior members of Sun Capital. Sun is supporting the spinout, and to its advantage, the founding partners are able to cite track record as they shop Fund I (not usually something first-timers can count on). Get the details here on Buyouts. And as always, check out our extensive database of emerging managers, including first-timers, in the market this year: https://lnkd.in/eNh7UWXk

Silicon Canals: Global VC firm Insight Partners raises over €12.1B in new funds, celebrates 30 years of software investing