- Vyzer has received $6.3 million in Seed funding.
- The company will use the funds to enhance its wealth management platform and expand its reach.
- Investors include Moneta VC, iAngels, Guy Gamzu, Jonathan Kolber, and Rafi Gidro.
Wealth management platform Vyzer unveiled today it has received $6.3 million in Seed funding. The New York-based company will use the funds to enhance its platform and expand its reach.
Vyzer was founded in 2020 to offer Limited Partnership investors and family offices with complex portfolios– including alternative assets– a single, holistic view across all of their investments. The company helps users track, analyze, and optimize their investments, view and plan their cash flow, and more. Vyzer’s peer benchmarking tool leverages AI capabilities to offer clients insights into investment strategies, fund managers, and activities of similar investors.
“The funds will enable us to enhance our platform’s AI capabilities, develop new features, and broaden our market presence,” said Vyzer Co-Founder and CEO Litan Yahav. “Our ultimate goal is to simplify and streamline complex wealth processes for our customers, equipping each member with greater insights and control. This, in turn, empowers them to maximize their investment potential and foster wealth growth.”
Today’s funding round marks the company’s first investment and includes contributions from Moneta VC, iAngels, Guy Gamzu, Jonathan Kolber, and Rafi Gidro.
Vyzer’s launch comes amid what is expected to be the largest transfer of wealth in history. Analysts expect that, in coming years, baby boomers will shift $68 trillion to their heirs. This tech-savvy group is increasingly investing in alternative assets, some of which can be difficult to digitize. Vyzer’s technology seeks to fill in that visibility gap. As iAngels Founding Partner Shelly Hod Moyal explained, “Vyzer’s solution provides investors with broad and transparent visibility into their portfolios. It allows them to capitalize on the ever-growing investment landscape by making informed and timely decisions, and it enables them to effectively scale their portfolios at an affordable cost.”