Top 8 Venture Capital Firms For Wealth Management Startups
We've identified 8 active VC firms for wealth management startups. Find your funding partner, and let Rho help you manage and deploy your capital efficiently.
Rho Editorial Team
If you’re a founder preparing to raise capital, connecting with investors who understand your business is essential. For startups in the Wealth Management and financial technology space, this means finding financial services venture capital firms that recognize your specific challenges and opportunities.
To help you find the right partners, our team put together this guide to the top VC firms investing in WealthTech. It’s a curated overview to help you quickly identify relevant investors for your fundraising round. After all, once funding is secured, the real work of managing and deploying that capital begins.
Rho provides access to business banking, corporate cards, and bill pay — built for startup teams moving fast.
Key Takeaways
Securing venture funding for your Wealth Management startup means finding investment partners who understand the financial technology sector.
VCs active in this area include notable backers like Franklin Templeton, AllianceBernstein, William Blair, and Manhattan West.
For startup leaders raising or having just closed a round, Rho helps you manage your capital with fast business banking, corporate cards, and bill pay.
Which VC Firms in Wealth Management Are Right for Your Stage?
Knowing which investors to approach is critical, whether you're raising an early round or preparing for an exit. This guide provides a quick overview of VC firms that invest in Wealth Management companies, organized by stage.
Pre-seed and Seed VC Firms in Wealth Management
This initial stage is for founders testing an idea and building a minimum viable product, often before generating revenue. While the larger financial services venture capital firms in this guide tend to invest later, finding dedicated seed investors is a crucial first step for any new WealthTech company.
Early Stage VC Firms in Wealth Management
Early-stage funding, like Series A or B, is for companies with proven traction that need capital to scale their team and accelerate growth. Among the fintech focused venture capital firms in this area, you’ll find investors like Allied Minds and Pivot Investment Partners who support companies during this critical expansion phase.
Late Stage VC Firms in Wealth Management
Late-stage rounds provide significant capital to mature startups preparing for major milestones like an acquisition or an initial public offering (IPO). Prominent late stage VC firms with a history in wealth management include Franklin Templeton, while others like Manhattan West also participate in pre-IPO opportunities.
Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.
It's also worth noting that some VC firms, such as William Blair and AllianceBernstein, invest across multiple startup funding stages.
To help you identify the right investment partners, here is an overview of top VC firms in the Wealth Management sector. We’ve included details on their investment stages, geographic focus, and what makes each firm a strong potential match for founders.
1. Franklin Templeton
Franklin Templeton is a global investment firm with deep roots in financial services, founded in 1947. While widely known for its public market funds, its venture capital arm is an active investor in private growth-stage companies.
The firm concentrates on late-stage venture rounds, backing established companies that are preparing for major growth or an exit. Its portfolio highlights a focus on high-potential companies, including fintech platform Tifin and the beauty-tech brand Oddity, which went public in 2023.
This makes Franklin Templeton a strong potential partner for founders of mature WealthTech companies seeking capital for pre-IPO scaling. Once funding is secured, Rho’s integrated financial tools—including business banking, corporate cards, and automated bill pay—help startups manage and deploy capital efficiently.
Investment stages: Late Stage Venture
Industries of focus: Financial Services, Wealth Management, Hedge Funds
Geographical presence: Based in San Mateo, California, with a global investment scope
Founded year: 1947
Notable portfolio companies: Tifin, Lucid Motors, Oddity, Blaize
Track record: Over 200 investments and more than 65 exits
You can refer to their website here.
2. AllianceBernstein
AllianceBernstein is a publicly traded global asset management firm that manages over $700 billion in assets. Its venture capital arm operates alongside its hedge fund, giving it a broad perspective on financial markets.
The firm invests across early and late venture stages, with a clear focus on financial services and technology. Its portfolio shows a history of backing companies to major outcomes, including the $1.5 billion acquisition of Workfront by Adobe and the $19 billion sale of SanDisk.
This makes AllianceBernstein a compelling partner for founders who are building for a significant exit, whether an IPO or a large acquisition. Their experience across funding stages suggests they can support companies through a long growth trajectory.
Investment stages: Early Stage Venture, Late Stage Venture
Industries of focus: Asset Management, Financial Services, Wealth Management
Geographical presence: Based in New York, with a global investment scope
Founded year: 1967
Notable portfolio companies: Workfront, SanDisk, SailPoint Technologies, Pure Digital Technologies
Track record: Over 50 investments and more than 20 exits
You can refer to their website here.
3. William Blair
William Blair is a global firm that combines investment banking with asset management, giving them a unique perspective on the market from early-stage growth to major financial events. The firm invests across both early and late venture stages, with a clear focus on finance and wealth management companies.
Their track record highlights a strength in guiding companies toward successful M&A outcomes, such as Avention's $150 million acquisition by Dun & Bradstreet. This makes William Blair a strong potential partner for founders who value an investor with deep expertise in the exit process, especially those planning for a strategic acquisition.
Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.
Investment stages: Early Stage Venture, Late Stage Venture
Industries of focus: Banking, Finance, Wealth Management
Geographical presence: Based in Chicago, Illinois
Founded year: 1935
Notable portfolio companies: Avention, Signal, Interior Define, Kollective
Track record: 25 investments and 11 exits
You can refer to their website here.
4. Manhattan West
Manhattan West is a Los Angeles-based global investment firm that operates with a hybrid model, combining a family investment office with private equity and venture capital arms.
Their investment strategy shows a clear preference for late-stage opportunities, backing established market leaders like Uber, Palantir, and Microsoft, often ahead of major public listings.
This makes Manhattan West a compelling partner for founders of scaled companies in the finance and wealth management sectors who are preparing for a pre-IPO round or an exit.
Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.
Investment stages: Late Stage Venture, Private Equity, Secondary Market, Venture
Industries of focus: Asset Management, Finance, Wealth Management, Real Estate Investment
Geographical presence: Based in Los Angeles, California
Founded year: 2016
Notable portfolio companies: Uber, Deliveroo, Palantir Technologies, Microsoft, Amazon
Track record: 23 investments and 3 exits
You can refer to their website here.
5. Jefferies
Jefferies is a global investment bank with a venture capital arm, offering services across equity, fixed income, and foreign exchange markets. With a history dating back to 1962, the firm has a long-standing presence in the financial services industry.
The firm's investment activity is distinctive, with a focus on debt financing and investments in large, established public companies like Apple and Alphabet. This indicates a strategy centered on mature, market-leading businesses rather than early-stage startups.
Jefferies is a suitable partner for founders of scaled companies in the financial sector who are exploring debt financing or other late-stage capital structures. Their expertise is geared toward established businesses preparing for major market activities.
Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.
Investment stages: Debt
Industries of focus: Banking, Financial Services, Wealth Management
Geographical presence: Based in New York, New York
Founded year: 1962
Notable portfolio companies: Apple Inc., Alphabet Inc., TotalEnergies SE, AT&T Inc., Avis Budget Group, Inc.
Track record: 46 investments and 16 exits
You can refer to their website here.
6. Pivot Investment Partners
Pivot Investment Partners is an operator-led firm in New York that concentrates on early-growth B2B FinTech companies. Their team’s background as operators means they provide founders with practical guidance that goes beyond just capital.
The firm invests across both early and late venture stages, with a clear focus on sectors like FinTech, InsurTech, and Wealth Management. Their portfolio includes unicorns like iCapital Network, which completed a major capital raise, and BoldPenguin, which had a successful exit to American Family Insurance.
Pivot is a strong match for founders building B2B financial technology who value hands-on support from experienced investors. Their ability to invest across stages makes them a potential long-term partner for scaling your company.
Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.
Investment stages: Early and late-stage venture
Industries of focus: FinTech, InsurTech, Wealth Management, AI, Payments
Geographical presence: New York, New York
Founded year: 2014
Notable portfolio companies: iCapital Network, Gusto, BoldPenguin
Track record: 62 investments and 12 exits
Team background: Operator-led
You can refer to their website here.
7. Eventide
Eventide is a Boston-based asset management company that also operates as a venture capital investor. The firm provides capital across a wide range of stages, from early venture rounds to post-IPO investments.
While Eventide lists financial services as a focus, its portfolio shows a clear concentration in life sciences and health technology. Their approach appears centered on backing companies with significant scientific breakthroughs, such as Annexon Biosciences and Avrobio, which both went public.
This makes Eventide a strong match for founders in biotech or health-tech who are approaching major milestones. For WealthTech founders, a partnership may be most successful if your company aligns with Eventide's broader focus on impactful technologies.
Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.
Investment stages: Early Stage Venture, Late Stage Venture, Private Equity, Post-IPO
Industries of focus: Asset Management, Financial Services, with a strong demonstrated focus in Health Technology and Life Sciences
Geographical presence: Boston, Massachusetts
Founded year: 2008
Notable portfolio companies: Annexon Biosciences, Avrobio, Beta Bionics
Track record: 48 investments and 26 exits
You can refer to their website here.
8. Allied Minds
Allied Minds is a Boston-based private investment firm that takes an active role in company creation. The firm forms, funds, and builds early-stage startups from the ground up.
While their focus includes financial services, their portfolio shows a strong inclination toward deep technology, backing companies like satellite data firm HawkEye 360. Their hands-on, company-building model signals a commitment to providing deep operational support, as seen with portfolio companies like Federated Wireless.
This makes Allied Minds a strong potential partner for founders in complex, technology-heavy sectors who need more than just capital. Their early-stage focus means they are equipped to support a business from its foundational phase.
Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.
Investment stages: Early Stage Venture
Industries of focus: Financial Services, Wealth Management, with a strong history in deep technology
Geographical presence: Boston, Massachusetts
Founded year: 2006
Notable portfolio companies: HawkEye 360, Federated Wireless, Orbital Sidekick, TouchBistro
Track record: 32 investments and 4 exits
Investment approach: Actively forms, funds, and builds startups
You can refer to their website here.
What This Tells Us About The VC Scene for Wealth Management Companies
This list of firms shows that the investor group for Wealth Management is quite varied. You’ll find global asset managers, investment banks, and operator-led funds all active in the sector, giving you options beyond a single type of venture capital partner.
Funding opportunities appear to grow as a company matures, with many of these firms focusing on later stages or investing across multiple rounds. Geographically, investors are present in major financial centers like New York, Chicago, and Boston, not just the West Coast. This variety means you can find a partner whose expertise aligns with your specific goals, whether that's early growth support or guidance toward a major exit.
Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.
Raise Confidently with Rho
Fundraising requires significant time and focus. This guide is designed to help you connect with the right investors faster, so you can concentrate on building your business.
Once your round is closed, the next step is putting that capital to work. Rho can help you set up your financial stack in minutes, so you can manage your new funding with confidence.
Our platform gives you access to business banking, corporate cards, and automated bill pay. These tools are built to help you deploy capital efficiently and keep your startup moving forward.
FAQs about Venture Capital Firms Focused on Wealth Management
What is the difference between early-stage and late-stage VC firms?
Early-stage VCs fund companies with proven traction to help them scale. Late-stage VCs provide significant capital to mature startups preparing for major milestones like an IPO, focusing on established businesses rather than new ideas.
Where are most financial technology venture capital firms located?
Major hubs for financial technology VCs include New York, Silicon Valley, and Boston. However, you can find active investors in other cities and a growing number of specialized firms across Europe, particularly in London.
Do all FinTech VC firms invest in Wealth Management?
No, many FinTech VCs have specific focus areas. Some concentrate on payments or InsurTech, while others, like the firms in this guide, have a dedicated interest and expertise in the Wealth Management sector. Research is key.
What tools help venture capital firms with financial reporting?
VCs use portfolio management software and specialized accounting firms for financial reporting. These tools help them track company performance, manage data, and analyze historical trends across their investments to make informed decisions.
How can Rho help after I secure venture capital funding?
Once your round is closed, Rho helps you manage your new capital. Our platform provides integrated business banking, corporate cards, and automated bill pay to help you deploy funds efficiently and keep your business moving.