• InvestCloud
• 02 Feb, 2021

InvestCloud has completed a recapitalisation that values the wealth platform at $1 billion. As part of the deal, two additional businesses are being rolled into InvestCloud, immediately pushing the valuation of the combined business up over $2 billion. The deal has the potential to reshape the wealth and asset management sector by bringing a diverse ecosystem, including many of the world's largest fund manufacturers and distributors, together on a single modern SaaS cloud platform.
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