Tech Company Financing Transactions
Practifi Funding Round
Updata Partners and Equity Venture Partners participated in a $16.3 million Series B venture round for Practifi. The financing round closed on 1/13/2020.
Transaction Overview
Company Name
Announced On
1/13/2020
Transaction Type
Venture Equity
Amount
$16,300,000
Round
Series B
Investors
Updata Partners (Lead Investor) (Carter Griffin)
Proceeds Purpose
With this investment, Practifi plans to scale the team, expand presence around the globe, and invest in the software platform to further elevate the client experience.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
330 N Wabash Ave. L23
Chicago, IL 60611
USA
Chicago, IL 60611
USA
Phone
Website
Email Address
Overview
Practifi is the business management platform for financial services. Built with a single-minded focus on growth, our industry solution helps advice firms manage clients, partners, providers and centres-of-influence all through a clean, intuitive interface.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Glenn Elliott
Chief Operating Officer
Emily Wilcox
VP - Bus. Development
Adrian Johnstone
Browse more venture capital transactions:
Prev: 1/13/2020: BioSkryb venture capital transaction
Next: 1/13/2020: DTx Pharma venture capital transaction
Share this article
News on VC Transactions
Our team works diligently to report on every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs