$1.5M Seed Round to Drive Continued Market Growth

CONSHOHOCKEN, PA—November 18, 2019—WealthHub Solutions, the leading CRM provider for trust companies and family offices, today announced the successful closing of a $1.5 million seed funding round. The round was led by Richard Vague, the former founder and CEO of First USA, Juniper Bank, and Energy Plus, and long-time head of venture capital firm Gabriel Investments.

“We are very excited that an entrepreneur and investor of Richard’s caliber, who has been so successful in financial services, sees the transformative potential of WealthHub for trust and family office administration,” said WealthHub CEO, Jim Marks. “2019 has been a strong year of growth for us, with many new clients coming onboard and interest in WealthHub surging. With Richard’s insight, support and guidance as Chair, we look forward to driving that growth into 2020 and beyond.”

WealthHub is a deep vertical CRM application serving trust companies and family offices. Its cloud-based system—built on the Salesforce platform—automates the daily activities of trust officers and fiduciary managers while providing data aggregation, integration with accounting systems, and management and client reporting. It targets a segment of the wealth management market that has been underserved by the automation tools that are readily-available to financial advisors and bankers.

“WealthHub delivers a real competitive advantage to its customers, substantially improving efficiency and customer service,” said Vague, the Managing Partner of Gabriel Investments. “I see tremendous potential to transform the way in which ultra-high net-worth advisors manage their relationships and businesses. I’m looking forward to helping realize that potential.”

About WealthHub Solutions, Inc.

WealthHub Solutions is the leading provider of enterprise software for fiduciary management. Its cloud-based platform for trust company administration delivers an end-to-end solution for trust officers and other fiduciaries that fully integrates investment data and reporting with automated workflow, client management and prospecting, task scheduling, document management, and compliance. The WealthHub platform creates real operational savings for trust companies and family offices by improving trust officer productivity—while enhancing the customer experience. For more information, please visit www.wealthhubsolutions.com.

Jim Marks
[email protected]