TLDR:
- Wealth.com secures $30 million in ‘A’ round led by Google Ventures
- The Phoenix startup gains traction by offering AI-driven estate planning tools to advisors
Wealth.com extends win streak, again — Google Ventures (GV) leads its ‘A’ round — by making AI-driven estate planning seem doable to advisors
The 2020 Phoenix startup, Wealth.com, recently secured $30 million in funding in its ‘A’ round led by Google Ventures (GV). The company, founded by Rafael Loureiro, gained attention for its AI-driven estate planning tools that aim to make the process easier for financial advisors. This funding comes after the company scored a valuable wealth URL and continued to attract big vendors, win RIA tech awards, and gain support from prominent backers.
The partnership with Google Ventures allows Wealth.com to develop advanced AI tools with the support of a major player in the tech industry. According to Elena Sakach from GV, they have first access to any AI tools developed by Wealth.com, showcasing the close collaboration between the two companies.
By offering AI-driven solutions for estate planning, Wealth.com is addressing a key pain point for advisors and making the process more manageable. This approach has resonated with the advisory community, leading to increased interest and investment in the startup.
Overall, Wealth.com’s success in securing funding, partnerships, and industry recognition highlights the growing importance of AI-driven solutions in the financial advisory space. With the support of Google Ventures and a focus on making estate planning more accessible, the company is poised for continued growth and success in the market.
