Responsive raises $1.1 mln in Plug and Play-led seed round

Responsive, a Vancouver-based wealth advisor solution for financial institutions, has raised $1.1 million in seed-stage financing. The round was led by Plug and Play Ventures, a U.S. venture capital firm. Founded in 2015 by CEO Davyde Wachell, Responsive's technology uses machine learning to provide insights from real-time data to wealth managers, helping them anticipate client needs and improve performance. The startup will use the funds raised to further develop intellectual property based on new developments in artificial intelligence and behavioural sciences, and run pilots with financial institutions.

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