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Thursday, April 18, 2024
HomeFinTechCais: Raises $50M in Series B Equity Funding

Cais: Raises $50M in Series B Equity Funding

Date:

  • Cais, an NYC-based alternative investment platform, raised $50M in Series B equity funding
  • Eldridge made the investment, which is subject and pending FINRA approval, and Todd Boehly, Co-founder and CEO of Eldridge, joined the CAIS Board of Directors
  • Cais has built a technology platform that enables financial advisors to access alternative investments
  • The company also intends to use the funds to continue to invest in innovative technologies, data, and analytics, expand its education platform
  • CAIS also provides CAIS IQ, a personalized learning system utilizing artificial intelligence that helps financial advisors master alternative investments
  • CAIS IQ is modular, mobile, and offers CE credits

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