WealthBlock
WealthBlock, founded in 2018 and headquartered in Chicago, Illinois, is a privately held financial services company specializing in capital raising and investment management for various firms and high net worth individuals.
Company History
WealthBlock was founded in 2018 and operates within the financial services industry. With a headquarters in Chicago, Illinois, the company supports over 50 firms including venture capital, private equity, private placement, investment banking, and broker-dealer firms. The company has served over 750 funds and boasts a track record of having raised over $3 billion in capital.
Services
WealthBlock describes itself as enabling companies to raise capital five times faster through its industry-leading technology. It specializes in crowdfunding, capital raising, private capital, investment banking, asset management, and a wide array of other financial services. The platform markets private offerings to investors and provides a comprehensive tech stack to streamline capital raising, investor management, and deal management across various sectors including real estate, technology, and cannabis.
Products and Features
The company's platform integrates key funding tools such as CRM, data room, investor verification, subscription document e-signature, and fund administration. Other features include customizable investor workflows, KYC and AML checks, compliance tools with built-in auditing, and more. The platform supports automated email marketing, document distribution with auto-notifications, investor onboarding, and subscription e-signing. It serves over 130 investment platforms and has facilitated interactions with over 53,000 investors.
Technology and Innovation
WealthBlock's tech stack is designed to streamline various aspects of financial operations including capital raising and investor management. This all-in-one platform facilitates routine investor communications, online payment processing, investor reporting with custom dashboards, and real-time data syncing. Robust API capabilities allow for process streamlining and task automation. The platform also supports historical imports to centralize past distributions, investor profiles, and performance metrics.
Clientele and Market Reach
WealthBlock serves a diverse client base that includes venture capital firms, private equity firms, asset management firms, and real estate firms, among others. The company supports private offerings to investors under regulations such as Reg D, Reg A+, Reg S, and Reg CF, and deals in various asset classes including real estate, farmland, technology, and cannabis. The firm has also been trusted by over 130 investment platforms and facilitated interactions with more than 53,000 investors.
