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Wavvest secures $2.7 million in pre-seed funding led by Fenway Summer while appointing advisor Vinnie Maliakkal from Charles Schwab to enhance its wealth management platform.
Amount Raised
$2.7 Million
Round Type
Seed
ChicagoFinancial ServicesArtificial IntelligenceFintechMachine LearningInvestors
Description
Wavvest is a Chicago-based startup focused on developing an AI-native operating system for independent wealth managers. The company has raised $2.7 million in pre-seed funding and is set to launch a seed round soon. Vinnie Maliakkal, an advisor with significant experience from Charles Schwab, joins the firm to strengthen its advisory team. This hire is seen as a validation of Wavvest's innovative platform.
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