- Light Frame, a core banking and portfolio management software provider for wealth managers, has secured $5.1 million in seed funding in an oversubscribed round led by Fortino Ventures.
- The funding will support continued investment in Light Frame’s platform and help the firm grow its commercial operations, especially in EMEA.
- Headquartered in Switzerland, Light Frame made its Finovate debut at FinovateEurope 2025.
In an oversubscribed seed funding round led by Fortino Ventures, wealthtech Light Frame has raised $5.1 million. Sidekick Partners, Tenity, Chamaeleon, and AltaIR Capital also participated in the round, along with existing investors Rogue Venture Partners, New Stack Ventures, and Studio Alpha.
The investment announcement comes at a time when Light Frame is experiencing greater institutional adoption of its technology across EMEA, where the firm is supporting live clients and expanding its presence in private banking and wealth management. The funding will support continued investment in Light Frame’s platform, fuel expansion of implementation and client delivery capacity, and help grow Light Frame’s commercial operations, especially in EMEA.
“Light Frame delivers a foundational technology with the sophistication institutions require,” Light Frame CEO and Co-founder Schuyler Weiss said. “AI is redefining what technology can deliver, but the realization of its potential in the wealth industry is dependent on the underlying infrastructure. The architecture must be designed around this future, without compromising the security, resilience, and trust fundamental to banking. In Fortino and our broader investor group, we have found partners who share our ambition to build that foundation for the next generation of wealth management.”
At a time when many institutions in wealth management are relying on technology and systems designed decades ago, Light Frame offers a platform that combines comprehensive banking and investment capabilities in an architecture that is cloud-native, API-first, and designed with AI in mind. The platform leverages embedded AI functionality and a secure interoperability layer that allows institutions to automate complex operations, enhance employee productivity, and provide more advanced and sophisticated services to clients. The modular design of the technology enables institutions to modernize individual aspects of their current infrastructure or, if they choose, deploy a completely new solution, reducing implementation time, operational complexity, and cost of ownership.
“We are excited to back a team that is exceptionally credible in this space,” Fortino Ventures Investment Manager Hugh Phelan said. “Schuyler and the team have run a regulated Swiss bank on the kind of infrastructure they are now replacing. Few founders in wealth technology have lived the problem this closely, and fewer still have the technical depth to solve it. For a bank, moving sensitive data and live operations onto a new platform is an act of trust, and this team has earned the right to ask for it.”
Founded in 2024 and headquartered in Switzerland, Light Frame made its Finovate debut at FinovateEurope 2025. At the conference, the core banking and portfolio management software provider demonstrated its cloud-native, API-first, AI-enabled core banking system designed specifically for private banks, wealth management firms, and brokerage banks. The core system blends modern technology, intelligent functional design, and advanced security capabilities with a full suite of the investment and banking functionalities that companies in the wealth industry need. The result is streamlined onboarding and maintenance, enhanced and automated operations, lower costs, and accelerated innovation.
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