- The capital infusion will be used to scale its operations to meet growing demand, enhance its product offerings, and expand its team
- MyFO was co-founded by Simran Kang and Jon Ricci
- Based in Vancouver, British Columbia, Rhino is an early-stage venture firm, focusing on software, fintech, and financial services industries
MyFO, a Vancouver, British Columbia-based platform for family offices and wealth management professionals who service them, has raised $3.5 million in seed funding.
Rhino Ventures led the round.
The capital infusion will be used to scale its operations to meet growing demand, enhance its product offerings, and expand its team.
“MyFO is redefining how family offices manage their most cumbersome tasks by providing a streamlined, efficient solution. With only 16 percent of family offices currently using a data aggregation tool, there is a clear gap in the market, highlighting both a lack of adequate solutions and significant dissatisfaction with existing options,” said Jay Rhind, Partner at Rhino Ventures in a statement. “… As they continue to innovate and expand the platform, we believe MyFO is poised to become the go-to solution, offering an evolving suite of services that will unlock new opportunities for families, wealth managers, and investors alike.”
MyFO was co-founded by Simran Kang and Jon Ricci.
Based in Vancouver, British Columbia, Rhino is an early-stage venture firm, focusing on software, fintech, and financial services industries.
- The capital infusion will be used to scale its operations to meet growing demand, enhance its product offerings, and expand its team
- MyFO was co-founded by Simran Kang and Jon Ricci
- Based in Vancouver, British Columbia, Rhino is an early-stage venture firm, focusing on software, fintech, and financial services industries
MyFO, a Vancouver, British Columbia-based platform for family offices and wealth management professionals who service them, has raised $3.5 million in seed funding.
Rhino Ventures led the round.
The capital infusion will be used to scale its operations to meet growing demand, enhance its product offerings, and expand its team.
“MyFO is redefining how family offices manage their most cumbersome tasks by providing a streamlined, efficient solution. With only 16 percent of family offices currently using a data aggregation tool, there is a clear gap in the market, highlighting both a lack of adequate solutions and significant dissatisfaction with existing options,” said Jay Rhind, Partner at Rhino Ventures in a statement. “… As they continue to innovate and expand the platform, we believe MyFO is poised to become the go-to solution, offering an evolving suite of services that will unlock new opportunities for families, wealth managers, and investors alike.”
MyFO was co-founded by Simran Kang and Jon Ricci.
Based in Vancouver, British Columbia, Rhino is an early-stage venture firm, focusing on software, fintech, and financial services industries.
