Lead by Rhino Ventures, MyFO, a platform for financial managers and family offices, has raised $3.5 million in its seed fundraising round.
With the additional funding, the company plans to grow its workforce, improve its product offerings, and scale operations to meet rising demand.
Read also – [Funding news] FL-based Solubag Secures $4.5Million in Series A Round Funding
“Our mission is to transform how family offices operate by providing them a platform that balances cutting-edge technology with a deep understanding of our clients’ needs,” said Simrang Kang, CEO and Co-Founder of MyFO. “We’ve seen firsthand the challenges faced by family offices using outdated systems, and our goal is to streamline their operations while ensuring their data remains secure as it is paramount to them.”
About MyFO
MyFO is the family office and wealth management industry’s fastest-growing platform. More than 20,000 financial institutions in North America are interconnected.