TLDR:
- Archive Intel, a fintech company, raised $1m in seed funding led by Social Leverage.
- They offer an archiving solution powered by artificial intelligence for advisors to save electronic communications.
Archive Intel, a fintech company specializing in AI-powered archiving solutions, has successfully raised $1m in seed funding in a round led by Social Leverage, a venture capital firm. The CEO, Larry Shumbres, mentioned that this funding will help the company expand and reach more advisors interested in their archiving capabilities. The firm’s product, Archive Intel, allows advisors to save electronic communications such as texts, emails, and social media, all in compliance with SEC requirements. This offering has been available for advisors for about a month, showcasing its potential impact on the financial services industry.
The funding from Social Leverage, a firm known for investing in early-stage technology companies, highlights the confidence they have in Archive Intel’s solution and its potential for growth in the market. This seed round signifies a step forward for Archive Intel as they aim to revolutionize how advisors handle and store electronic communications, ensuring compliance and efficiency in their operations.
