The Swiss investment management technology company vestr has raised 10 Million Swiss Francs under the lead of Elevator Ventures, the Venture Capital Department of Raiffeisen Bank International (RBI) based in Vienna.
High-ranking family offices and all of vestr's existing institutional investors, including EquityPitcher Ventures, Zürcher Kantonalbank and SIX Fintech Ventures, participated in the round.
Founded in 2017, the vestr platform offers white-label investment management solutions for institutional clients. This includes functions such as portfolio rebalancing, investor reporting and audit trails.
The funding will enable the company to develop a more comprehensive platform with more third-party integrations and expand its presence in Asia.