Top 8 Venture Capital Firms For Wealth Management Startups

If you're building a startup in the Wealth Management or WealthTech space, preparing to raise capital means more than just perfecting your pitch. It’s about finding the right investors who truly understand your vision and the financial technology sector. The right partner can make all the difference.

To help you connect with the right people, our team has curated this overview of top venture capital firms that actively invest in Wealth Management. Think of it as a starting point to identify the financial services VC firms that align with your company's goals and stage.

Actively raising? You can now access non-dilutive funding options like venture debt and credit lines through Rho Capital. Rho also provides access to business banking, corporate cards, and bill pay—built for startup teams moving fast.

Key Takeaways

• Securing venture funding provides your Wealth Management startup with not just capital, but also a strategic partner with deep industry knowledge to guide your growth.
• Leading firms active in Wealth Management include Franklin Templeton, AllianceBernstein, William Blair, and Manhattan West, which are notable backers of startups in this sector.
• Whether you are actively raising or have 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?

Whether you're an early-stage company or preparing for an exit, knowing who to talk to makes all the difference. Here’s a quick look at which VC firms in the Wealth Management sector invest at each stage.

Pre-seed and Seed VC Firms in Wealth Management

Pre-seed and seed funding are the earliest forms of capital, typically used to validate an idea and build a minimum viable product. While many early-stage investors participate in these rounds, some financial technology venture capital firms like Allied Minds focus specifically on helping companies get off the ground.

Early Stage VC Firms in Wealth Management

Early-stage funding, which includes Series A and B rounds, is for startups with proven product-market fit that need capital to scale their team and customer base. Among the many active early stage VC firms, investors such as Pivot Investment Partners, William Blair, and AllianceBernstein have a track record of backing growing WealthTech companies.

Once you secure that funding, managing it well is the next challenge. Rho’s integrated financial tools—including business banking, corporate cards, and automated bill pay—help you deploy capital efficiently.

Late Stage VC Firms in Wealth Management

Late-stage rounds provide significant capital to established companies looking to expand into new markets, make acquisitions, or prepare for an exit. For founders at this stage, prominent late stage VC firms in the financial services space include Franklin Templeton and Manhattan West.

Keep in mind that some venture capital firms invest across multiple stages, from a company's first check to its last. As you evaluate your options, Rho Capital can also help you access non-dilutive funding like venture debt, allowing you to extend your runway without giving up more equity.

To help you find the right partner, we've compiled information on leading VC firms in the Wealth Management space. The following list covers their typical investment stages, geographic focus, and what makes each firm a strong potential partner for founders like you.

1. Franklin Templeton

Franklin Templeton is a global investment firm with a long history dating back to 1947. While widely known for its public market funds, its venture arm is an active investor in private companies.

The firm concentrates on late-stage venture rounds, backing established companies as they scale. Its portfolio includes fintech platform Tifin and electric-vehicle maker Lucid Motors, showing an interest in both financial technology and other high-growth sectors.

This firm is a strong potential partner for founders of mature companies seeking significant growth capital. If your startup has a proven business model and is preparing for major expansion, Franklin Templeton has the resources to support that journey.

• Investment stages: Late Stage Venture
• Industries of focus: Financial Services, Wealth Management, Professional Services, Hedge Funds
• Geographical presence: Based in San Mateo, California
• Founded: 1947
• Notable portfolio companies: Tifin, Lucid Motors, Oddity, Blaize
• Portfolio size: Over 200 investments

You can refer to their website here.

2. AllianceBernstein

AllianceBernstein is a publicly traded global asset management firm with a significant venture capital arm that invests in private companies. The firm operates across multiple growth phases, bringing substantial financial backing to its portfolio.

The firm invests in both early and late-stage ventures, with a focus on financial services, asset management, and companies in the Wealth Management space. Their track record includes backing Workfront, a SaaS company that Adobe acquired for $1.5 billion, signaling a strong eye for high-growth tech.

AllianceBernstein is a good match for founders with a proven business model who are preparing for major growth or a significant exit. Their experience in both private and public markets makes them a valuable partner for companies on that path.

• Investment stages: Early Stage Venture, Late Stage Venture
• Industries of focus: Asset Management, Financial Services, Wealth Management
• Geographical presence: Based in New York, New York
• Founded: 1967
• Notable portfolio companies: Workfront, Pure Digital Technologies, SanDisk, SailPoint Technologies
• Portfolio size: 52 investments

You can refer to their website here.

3. William Blair

William Blair is a global investment banking and asset management firm that brings its extensive financial expertise to the venture capital world. Their background gives them a distinct advantage in guiding startups through complex financial milestones.

The firm supports companies across both early and late-stage venture rounds, signaling a capacity for long-term partnership. They have a history of backing companies to successful exits, such as Avention's $150 million acquisition, which points to their strength in M&A strategy.

Founders who value a partner with deep financial market knowledge and a track record of seeing companies through to an exit would find a good match here. As you pursue equity funding, remember that non-dilutive options can also play a key role in your capital strategy. Rho Capital helps founders access venture debt and other financing to extend their runway without giving up more equity.

• Investment stages: Early Stage Venture, Late Stage Venture
• Industries of focus: Banking, Finance, Wealth Management
• Geographical presence: Based in Chicago, Illinois
• Founded: 1935
• Notable portfolio companies: Avention, Signal, Interior Define, Kollective
• Portfolio size: 25 investments

You can refer to their website here.

4. Manhattan West

Manhattan West is a global strategic investment firm that operates as a hybrid family office and private equity firm. Their approach allows them to invest across a wide range of asset classes, from venture capital to real estate.

The firm invests across multiple stages, including late-stage venture and private equity, often backing well-known companies. Their portfolio includes major names like Uber, Palantir, and Deliveroo, showing a focus on high-profile, market-leading businesses.

Manhattan West is a strong fit for founders of established, late-stage companies seeking a partner for significant growth or pre-IPO rounds. As you consider your funding mix, Rho Capital can also help you access non-dilutive options like venture debt to complement your equity financing.

• Investment stages: Late Stage Venture, Private Equity, Venture
• Industries of focus: Wealth Management, Asset Management, Finance, Real Estate Investment
• Geographical presence: Based in Los Angeles, California
• Founded: 2016
• Notable portfolio companies: Uber, Deliveroo, Palantir Technologies, Microsoft, Amazon
• Portfolio size: 23 investments

You can refer to their website here.

5. Jefferies

Jefferies is a global investment bank that provides research and execution services across equity, fixed income, and foreign exchange markets. With a history dating back to 1962, it is an established player in the financial services industry.

The firm’s investment activity centers on debt financing and public market positions in large, established corporations. Its portfolio includes some of the world's most valuable companies, such as Apple Inc. and Alphabet Inc., signaling a focus on mature, market-leading businesses.

Jefferies is a strong match for founders of large-scale companies seeking debt financing or M&A advisory, rather than startups looking for venture capital. For founders who need growth capital without dilution, Rho Capital connects you to non-dilutive options like venture debt tailored to your stage.

• Investment stages: Debt
• Industries of focus: Banking, Financial Services, Wealth Management
• Geographical presence: Based in New York, New York
• Founded: 1962
• Notable portfolio companies: Apple Inc., Alphabet Inc., TotalEnergies SE, AT&T Inc., Avis Budget Group, Inc.
• Portfolio size: 46 investments

You can refer to their website here.

6. Pivot Investment Partners

Pivot Investment Partners is an operator-led firm based in New York that focuses on early-stage B2B fintech companies. They bring hands-on experience from their own careers to help founders build and scale their businesses.

The firm invests across early and late-stage venture rounds, with a clear focus on B2B companies in fintech and insurtech. Their portfolio includes notable successes like the wealth management platform iCapital Network and BoldPenguin, which was acquired by American Family Insurance.

Founders of early-stage B2B fintech companies who value investors with direct operational experience would find a strong partner in Pivot. As you scale post-investment, managing your new capital is crucial, and Rho’s integrated platform helps you deploy funds efficiently with tools like business banking and corporate cards.

• Investment stages: Early and late-stage venture
• Industries of focus: FinTech, InsurTech, Wealth Management, AI, Payments
• Geographical presence: Based in New York, New York
• Founded: 2014
• Notable portfolio companies: iCapital Network, Gusto, BoldPenguin, Cowbell Cyber
• Portfolio size: 62 investments
• Team background: Operator-led investment team

You can refer to their website here.

7. Eventide

Eventide is an asset management firm with a venture capital arm that invests in private companies. They provide capital across a company's entire lifecycle, from early-stage rounds to post-IPO support.

While Eventide invests in financial services, its venture portfolio shows a significant concentration in the life sciences and biotech sectors. Their track record includes backing companies like Beta Bionics through FDA clearance and Annexon Biosciences to a successful IPO.

This makes Eventide a compelling partner for founders in specialized, high-impact fields like biotech, who need investors with deep domain expertise. Once you secure funding, Rho’s platform offers integrated business banking and corporate cards to help you deploy your funds with precision.

• Investment stages: Early Stage Venture, Late Stage Venture, Post-IPO, Private Equity
• Industries of focus: Asset Management, Financial Services, Wealth Management, Life Sciences, Biotech
• Geographical presence: Based in Boston, Massachusetts
• Founded: 2008
• Notable portfolio companies: Annexon Biosciences, Avrobio, Beta Bionics, Aclaris Therapeutics
• Portfolio size: 48 investments

You can refer to their website here.

8. Allied Minds

Allied Minds is a private investment firm that takes a hands-on role in forming, funding, and building early-stage companies. Their approach is centered on providing foundational support to help new ventures move from concept to commercialization.

The firm shows a strong interest in companies with deep technical or scientific foundations, with portfolio companies like satellite data firm HawkEye 360 and biotech developer OcuTerra. This focus on building businesses from the ground up signals a preference for startups with defensible technology.

This makes Allied Minds a strong partner for founders at the earliest stages who need an active investor to help shape the company. For founders who need growth capital without dilution, Rho Capital connects you to non-dilutive options like venture debt tailored to your stage.

• Investment stages: Early Stage Venture
• Industries of focus: Financial Services, Hedge Funds, Venture Capital, Wealth Management
• Geographical presence: Based in Boston, Massachusetts
• Founded: 2006
• Notable portfolio companies: HawkEye 360, Federated Wireless, Orbital Sidekick, TouchBistro, OcuTerra
• Portfolio size: 32 investments

You can refer to their website here.

What This Tells Us About The VC Scene for Wealth Management Companies

This list of investors shows that the funding environment for companies in the Wealth Management sector is quite balanced. There isn't a heavy concentration in either early or late-stage rounds; instead, you'll find firms that invest across the entire company lifecycle. This means that whether you're raising a seed round or preparing for a major expansion, there are potential partners available.

Geographically, investors are not limited to one coast. With active firms in New York, California, Boston, and Chicago, you have options across the country. The variety of investor types—from global asset managers to operator-led funds—also means you can find a partner whose expertise aligns with your specific needs. As you evaluate these equity partners, our team at Rho Capital can also help you access non-dilutive funding like venture debt to complement your capital stack.

Raise Confidently with Rho

Raising capital requires significant time and energy, so starting with a focused list of relevant investors is a major advantage. This approach allows you to direct your efforts where they will have the most impact.

If you’re seeking funding, Rho Capital connects you to non-dilutive funding options like venture debt and credit lines through a fast, guided process. Our team is here to help you secure the right financing for your company's needs.

We help founders access financing tailored to their stage without giving up more equity. Once your round is closed, our integrated platform provides the tools—business banking, corporate cards, and bill pay—to manage your new capital well.

FAQs about Venture Capital Firms Focused on Wealth Management

What are the top US cities for fintech venture capital firms?

While New York and Silicon Valley are major hubs, you'll find active fintech investors in cities like Chicago, Boston, and Los Angeles. The best fit depends less on location and more on the firm's expertise in your specific sector.

Are there wealth management VC firms outside the US?

Yes, many global venture capital firms have a presence in financial centers like London, Berlin, and Singapore. These firms often look for startups with the potential to scale internationally and can provide valuable global connections for your business.

What is the difference between a specialist fintech VC and a generalist firm?

A specialist fintech VC offers deep industry knowledge and a relevant network, which can be invaluable. A generalist firm may have a broader portfolio but can still provide significant resources and a fresh perspective on your business model.

What should I do after closing a funding round?

After closing a round, it's critical to manage your new capital effectively. Our integrated platform helps you deploy funds with precision using tools like business banking, corporate cards, and automated bill pay to keep your operations running smoothly.

How can Rho help my startup with its capital strategy?

Our team at Rho can help you access non-dilutive funding options like venture debt to complement your equity. We provide a fast, guided process to connect you with financing tailored to your startup's stage and needs.