SUMMARY
- Aqua raised $15M in Series A funding.
- Funds will support platform development and expansion.
- Aqua provides an alternative investment platform.
Aqua, a NYC-based provider of an investment platform, has raised $15 million in a Series A funding round, bringing the total amount to $18.8 million.
The round was led by Arthur Ventures with participation from Alumni Ventures.
The company plans to use the fresh capital to accelerate business and platform development, expand its engineering and partnership teams, and deepen integrations across custodians, and fund sponsors.
Funding Snapshot
| Metric | Details |
|---|---|
| Fundraise Amount | $15 million |
| Total Funding | $18.8 million |
| Valuation | Not disclosed |
| Company | Aqua |
| Sector | Fintech / Investment Infrastructure |
| Headquarters | New York City, USA |
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About Aqua
Founded in 2020 by Rohan Marwaha and Dev Patel, Aqua is an alternatives infrastructure platform designed to help wealth managers, RIAs, banks, trust companies, family offices and asset managers build, manage, and scale alternative investment programs.
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The platform brings several parts of the alternatives lifecycle into one unified environment, helping firms move away from disconnected marketplaces, manual workflows and spreadsheets.
Core offerings include:
- Fund creation
- Investment lifecycle management
- Marketplace access
- Document intelligence
- Operational workflows
- Investor servicing
Core Technologies / Products / Services
| Capability/Product | Application/Use Case |
|---|---|
| Fund Creation | Helps firms build alternative investment programs |
| Investment Lifecycle Management | Supports management of investments throughout their lifecycle |
| Marketplace Access | Provides access to alternative investment opportunities |
| Document Intelligence | Helps manage alternative investment documents |
Leadership Comments
"Demand for alternatives has grown fast, but most firms are still trying to meet client needs with spreadsheets, fragmented processes and manual solutions," said Rohan Marwaha, Co-Founder and CEO at Aqua. "Firms have already transformed the way they manage traditional investments through technology.
"Many firms still think a marketplace is the same thing as an alternatives strategy. It isn't," said David Coyle, Head of Growth at Aqua. "Advisors need more than access to alternatives; they need a repeatable way to educate clients manage operations and deliver alternatives with confidence as part of a broader wealth strategy.
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