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Brown Advisory secured $13.7M in a funding round to support its growth initiatives in Baltimore.

Mar 20, 2024over 1 year ago

Amount Raised

$13.7 Million

Round Type

series a

BaltimoreFinancial Services

Investors

Brown Advisory

Description

Brown Advisory secured a total funding of $13.7 million, consisting of $10.8 million and an additional $2.9 million, according to SEC filings. The specific plans for the new funding are yet to be confirmed.

Company Information

Company

Brown Advisory

Location

Baltimore, Maryland, United States

About

Brown Advisory advises individuals, families and institutions to invest their capital, tackle complex challenges and pursue long-term goals. For each of our clients, we work to deliver first-rate investment performance, thoughtful strategic advice and the highest level of service to help them get to wherever it is they want to go.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech