Sandbox Wealth raised $1.25M in a pre-seed funding round led by NextGen Venture Partners to enhance R&D and attract engineering talent for their banking solution.
Dec 04, 2024•10 months ago
Amount Raised
$1.25 Million
Round Type
seed
Investors
Rev Tech LabsGener8torNorthwestern Mutual Future VenturesNext Gen Venture Partners
Description
Sandbox Wealth announced the successful closing of $1.25 million in pre-seed funding, led by NextGen Venture Partners with additional support from Northwestern Mutual Future Ventures, gener8tor, and RevTech Labs. The funding aims to support Sandbox's development of a three-sided marketplace for advisors, bankers, and their clients.
FundzWatch™ Score
83
Medium Activity
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers