Alphathena Raises $4M to Enhance AI-Driven Direct Indexing Platform for Investment Advisors.
Alphathena specializes in providing AI-powered solutions for financial advisors and wealth managers
Company Name: Alphathena
Location: Warrenville, IL
Sector: AI-Powered Financial Technology
Funding Details: Secured a $4m investment, led by ETFS Capital, with participation from Hyde Park Angels.
Purpose of Investment: To advance product development and enhance key distribution areas of the business.
Leadership: Founders Mohan Naidu and Tushad Driver
Product: An AI-enhanced SaaS platform for personalization and direct indexing, targeting RIAs, Wealth Managers, and Fintech platforms. Alphathena offers features like customized direct indexing, automated tax-loss harvesting, optimized allocations, and rules-based rebalancing.
About Company: Alphathena specializes in providing AI-powered solutions for financial advisors and wealth managers. The platform is designed to integrate seamlessly into existing WealthTech workflows, offering a range of tools for efficient portfolio management and client service.
Key Features:
- Customization and direct indexing capabilities.
- Automated tax-loss harvesting and optimized allocations.
- Portfolio transition tools.
- Web solutions and open API for integration with WealthTech platforms.