The CAD$3 million raised is an extension of their Series A round bringing the total raised to over CAD$12 million as d1g1t continues product innovation and accelerates expansion into the US market.
d1g1t Inc., a provider of enterprise wealth management solutions powered by institutional-grade analytics and risk management tools, has raised CAD$3 million from Illuminate Financial Management in order to accelerate product innovation for its industry-leading wealth advisory platform and further commercial expansion into the United States market.
Dan Rosen, CEO and co-founder at d1g1t, commented: “What good is data without good analytics? Advisors need to be able to respond efficiently to client demands and share valuable insights in real-time about clients, portfolios and the business across the organization. Stronger collaboration occurs when everyone is on the
same page. We feel very fortunate to have Illuminate as our partner who joins an amazing group of highly-regarded FinTech investors. We’re looking forward to leveraging their deep expertise and network as we set new standards in the wealth management industry”.
d1g1t transforms the patchwork of legacy systems and empowers advisory firms to scale up the high-value, human services that set them apart in an increasingly competitive and automated world. Its single integrated solution covers the entire advisory lifecycle, Mark Rodrigues, partner at Illuminate, who will join d1g1t’s board of directors.
“The wealth industry is at a crossroads and ready for change. We believe there is a huge opportunity for an end-to-end platform which streamlines the existing infrastructure and brings institutional-grade analytics to the undeserved wealth market. The firms using d1g1t’s platform have not only improved internal efficiencies, but also accessed a whole new set of capabilities which allow them to deliver an exceptional experience to their clients. We’re very excited to add
d1g1t to our portfolio and support an experienced management team with a proven track record of delivering advanced solutions to top financial institutions around the world.”
Based in Ontario, d1g1t provides an end-to-end automated technology platform for onboarding, individualized and model portfolios, trading connectivity and execution, and limits, compliance and trading strategies.