Total amount raised
$3.9 Million
Latest funding date
2021-11-02
Location
Aqua empowers financial advisors to invest in alternative asset classes traditionally available only to large institutions and ultra-high-net-worth investors. The platform offers products like Access Funds, Aqua Connect, and Feeder Funds, catering to wealth advisors and fund managers.
Keep reading to explore the intricacies of Aqua's fundraising journey and the investors backing this innovative platform.
What Is Aqua?
Aqua is a financial services platform that empowers financial advisors and fund managers to invest in alternative assets typically accessible only to large institutions and ultra-high-net-worth individuals. The company focuses on democratizing access to these investment opportunities through its digital platform and comprehensive service offerings.
Founded by Rohan Marwaha (Co-founder & CEO) and Dev Patel (Co-founder & CTO), Aqua operates within the financial services industry, specifically targeting alternative investments such as private equity, venture capital, hedge funds, real estate, and collectibles. The platform simplifies the investment process, offering features like KYC, AML, SPV creation, capital calls, performance reporting, and tax issuance.
How Much Funding Has Aqua Raised?
- Pre-Seed Round
- Amount Raised: USD 125,000
- Date: August 2021
- Lead Investors: Y Combinator
- Seed Round
- Amount Raised: USD 3,800,000
- Date: November 2021
- Lead Investors: Gradient
Aqua has raised a total of USD 3,925,000 across its funding rounds.
Key Investors
- Gradient
- Details: Gradient is a venture capital firm that focuses on early-stage investments. They are known for backing innovative startups with high growth potential.
- Investment Focus Areas: Technology, Artificial Intelligence, Fintech
- Notable Investments: Not publicly disclosed
- Y Combinator
- Details: Y Combinator is a startup accelerator that has funded over 2,000 startups since its inception. It provides seed funding, advice, and connections to help startups grow.
- Investment Focus Areas: Technology, Healthcare, Consumer Goods
- Notable Investments: Airbnb, Dropbox, Stripe
Use Clay to Get Funding Data
Sales professionals, take advantage of Clay’s platform to access comprehensive fundraising data on companies like Aqua and gather other critical business insights.
Sign up for free to start leveraging these powerful tools today.
