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Vise

AI-driven asset management platform

21-100 employees
  • Fintech
  • B2B
  • Artificial Intelligence
  • Enterprise
  • Investing
  • Financial Services
521 Broadway, New York, NY 10012

Company mission

To close the financial access gap, empowering people to create customized, precise investment strategies that help them reach their goals.

Top investors

14% employee growth in 12 months

Otta's take

Theo Margolius headshot

Theo Margolius

COO of Otta

Registered Independent Advisors (RIAs) face hot competition in a sector where 60% of global assets are managed by institutional investors. Part of the latter's edge, however, comes from market leading analyst teams and tools – and Vise has developed an AI-driven automated platform to fill this shortfall for RIAs.

The platform uses AI to automate the building and management of client portfolios, so RIAs can focus on cultivating client relationships. It has been proven a popular prospect – Vise secured a valuation exceeding $1 billion at the close of its 2021 Series C funding round, and its managed assets have quadrupled in recent years.

Vise also leverages an interesting niche that could shore it up against the industry-disruption of robo-advisors like SoFi and Wealthfront. Whilst robo-advisors are good for smaller asset classes, they lack the sophistication to manage and grow complex asset portfolios. They also lack the human touch which remains extremely important to the vast majority of investors even in a tech-led investment landscape. Vise's product is therefore an astute middle-of-the-road compromise.

Benefits

  • Comprehensive health plans
  • 401(k) savings plan
  • Flexible PTO
  • Paid parental leave
  • Lifestyle and wellbeing benefits
  • Flexible remote work policy

Company values

  • We're customer obsessed.
  • We get 1% better every day.
  • We burn the boats.

Funding (last 2 of 4 rounds)

May 2021

$65m

SERIES C

Dec 2020

$45m

SERIES B

$126.5m

Total funding

This company has top investors

Founders

CEO and co-founder at Vise since 2016. Sits on board of several SaaS companies. Featured in Forbes 30 Under 30 list.

Runik Mehrotra

(Chief Investment Officer)

They are an active AI and quantitative finance researcher, previously doing research at MIT.

Jobs (4)

All locations

Software Engineering

Finance, Legal & Compliance