Summit Wealth Systems: Raises $20M in Series A Funding

Summit Wealth Systems Raises $20M in Series A Funding

• Summit Wealth Systems, a San Francisco, CA-based cloud software company focused on wealth managers and their clients, raised $20M in Series A funding
• The round was led by Arena Holdings and Filbert Holdings with participation from Jackson Square Ventures
• The company intends to use the funds to grow its development and service teams, as well as to expand sales and marketing resources
• Summit WealthSystems provides a cloud and mobile software platform for wealth managers to manage and improve their relationship with clients
• The company leverages cloud-native technologies to enable advisors to design their own personalized, modern, mobile, and desktop applications by creating each firm’s own private tech stack