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Light Frame, Ltd. raised $1.7 million in a pre-seed funding round led by ATX Venture Partners and New Stack Ventures to launch the next generation of Private Banking and Wealth Management technology.

May 29, 2024over 1 year ago

Amount Raised

$1.7 Million

Round Type

seed

LausanneFinancial Services

Investors

Studio AlphaUnderdog LabsHalf Court VenturesRogue Venture PartnersNew Stack VenturesAtx Venture Partners

Description

Light Frame, Ltd. has successfully completed its pre-seed financing round, raising $1.7 million to develop a proprietary technology platform for Private Banks and Wealth Management firms.

Company Information

Company

Light Frame Ltd

Location

Lausanne, Vaud, Switzerland

About

Light Frame is a Swiss-American Financial Technology company founded by Schuyler Weiss, Mathieu Clement, Philippe Kernevez, and Gregory Bataille. It is headquartered in the Cambridge Innovation Center in Providence, R.I., USA.

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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