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Vistara Capital Partners Provides $5M Growth Financing to InvestEdge

January 20, 2017, 07:12 AM
Filed Under: Software

Vistara Capital Partners announced that it has provided a $5 million growth capital facility to InvestEdge Inc., a rapidly growing provider of integrated digital wealth solutions to financial advisors. This financing will be used to accelerate the growth of a new business area in digital investment product delivery, and further expand markets for the company’s industry-leading portfolio analytics, risk management and client reporting solutions.

“We’re going to expand our services to the investment management industry and leverage the existing distribution network built on a software-as-a-service platform,” said Bob Stewart, CEO at InvestEdge. “We launched InvestEdge with a mission to simplify the integration of portfolio data and provide automated tools that enable our customers to become Bionic Advisors®.”

“We are passionate about providing advisors with an integrated platform that enables them to be more proactive and spend more time with their customers” said Brian Burns, President at InvestEdge. “Everything we do is focused on helping investment advisors build great businesses and create scalable infrastructure for future growth.

“We are very impressed by how the team at InvestEdge has been able to build its business on a boot-strapped basis” said Randy Garg, Managing Partner of Vistara Capital Partners.  “InvestEdge is well-positioned to become a major competitor in the high-net-worth investment advisor segment, and we are very pleased to provide a flexible growth capital solution to help enable this growth.”

Financial Technology Partners LP and FTP Securities LLC (together, “FT Partners”), acted as sole advisor to InvestEdge in this transaction.

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