vestr closed Series A
vestr closed an oversubscribed Series A round led by Six Group
Our portfolio company vestrwhich provides issuers of Actively Managed Certificates (AMCs) fast, flexible, and cost-efficient alternative to investment funds, has closed its Series A led by SIX Group. However, the amount invested has not been shared publicly.
The SIX Group, operator of the Swiss Exchange, led a group of professional investors, including EquityPitcher Ventures, Zuercher Kantonalbank, and the European Angels Fund, a sub-fund of the European Investment Fund (EIF). EquityPitcher Ventures and SIX have previously invested in vestr in 2018.
The funding will be used to further develop the platform, onboard additional issuers, and become the de-facto market standard for AMC issuers.
Stefan Wagner, Head of Business Development at vestr said,
"Bank Julius Baer is an early adaptor of the vestr platform."