Ethic Closes $29M Series B Round to Power Personalization for Wealth Advisors

31 Mar, 2021

Ethic Closes $29M Series B Round to Power Personalization for Wealth Advisors
Photo by Campaign Creators on Unsplash

– Ethic Inc. (“Ethic”), the tech-driven asset management platform that powers personalization for advisors, today announced that it has closed $29 million in Series B funding.
– The round was led by Oak HC/FT, with participation from existing investors including Fidelity Investments, Nyca Partners, Sound Ventures, ThirdStream Partners, Urban Innovation Fund and Kapor Capital.
– This new capital will support Ethic’s continued rapid growth, in addition to further investment in the company’s technology platform.
– The funding follows a strong period of growth for Ethic, which saw the company increase the number of assets on its platform by over 10x since its prior round of funding in 2019.

Database Financial Services FinTech North America Sustainability
Crunchbase icon

Content report

The following text will be sent to our editors: