Online investment manager ModernAdvisor nets $2.2 mln from angels
ModernAdvisor, a Canadian online investment advisory platform, has secured $2.2 million in funding. The round was led by Vancouver businessmen Moray Keith and Jim Bond. Headquartered in Vancouver, ModernAdvisor offers low-cost, high-quality, and transparent investment management solutions to Canadian investors, regardless of their account size. It said the proceeds of the financing will help the startup to hire more software engineers and data scientists. ModernAdvisor, which was founded two years ago, is scheduled to launch in late October in British Columbia, Alberta, and Ontario. It will launch in other Canadian provinces shortly thereafter.
24 September 2015•2 mins read
