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Economic Times

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Image Credit: Economic Times

Smallcase raises $50 million in funding led by Elev8 Venture Partners as wealthtech heats up

  • Wealthtech startup Smallcase has raised $50 million in a Series D funding round led by Elev8 Venture Partners.
  • The fresh capital will be used to accelerate smallcase’s product expansion across mutual funds, fixed income, and other asset classes.
  • Smallcase operates a model portfolios platform, allowing investors to buy curated baskets of stocks and ETFs.
  • The investment marks Elev8 Venture Partners' third major deal, as they believe in backing companies that are shaping industries.

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