Investment Summary

IA Capital Group Invests In Advizr

On June 22, 2017, venture capital firm IA Capital Group invested in software company Advizr

Investment Highlights
  • This is IA Capital Group’s 4th transaction in the Software sector.
  • This is IA Capital Group’s 20th transaction in the United States.
  • This is IA Capital Group’s 7th transaction in New York.
Investment Fate
  • Advizr was sold to a strategic buyer in 2019.

Investment Summary

Date 2017-06-22
Target Advizr
Sector Software
Investor(s) IA Capital Group
Deal Type Venture

Target

Advizr

New York, New York, United States
Advizr is a developer of software that will expand consumer and advisor access to high-quality financial planning services in an accessible format. The powerful, automated, interactive financial planning solution empowers advisors to serve clients in a cost-effective way, regardless of net worth.

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Investor(S) 1

Investor

IA Capital Group

Westport, Connecticut, United States

Investor Investor Investor Investor Investor


Category Venture Capital Firm
Founded 1992
PE ASSETS 500M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Inter-Atlantic Group is a specialist private investment firm focused on opportunities within the financial and business services sectors. Specific sectors of interest include financial technology, banking, insurance, asset management and service providers to the financial services industry. The Firm primarily looks for opportunities based in the US. Inter-Atlantic was formed in 1992 and is based in New York City.


DEAL STATS #
Overall 22 of 23
Sector: Software M&A 4 of 4
Type: Venture M&A Deals 14 of 15
State: New York M&A 7 of 7
Country: United States M&A 20 of 21
Year: 2017 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-14 Sure

New York, New York, United States

Sure is an insurtech startup that provides multiple insurance products to consumers when they need it most and throughout their lifetime. Sure partners with top insurance companies to offer Episodic and everyday insurance policies including flight, baggage, renters, pet, wedding and smartphone protection. Sure was founded in 2014 and is based in New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-14 FinanceIt

Toronto, Ontario, Canada

FinanceIt offers a comprehensive suite of tools and technologies designed to simplify complex sales transactions for businesses and their customers. FinanceIt was founded in 2011 and is headquartered in Toronto, Ontario.

Sell -