FAQ on Eton Solutions' $58M Series C Funding and Its Impact on Wealth Management

What is Eton Solutions?

Eton Solutions is a wealth management platform trusted by the world’s wealthiest single and multi-family offices to manage over $1 trillion in assets, offering a comprehensive suite of services including the AtlasFive® platform.

How much funding did Eton Solutions secure in its Series C round?

Eton Solutions secured $58 million in its Series C funding round, which was led by Navis Capital Partners.

What will Eton Solutions use the Series C funding for?

The funding will be used to fuel product innovation and AI development of its AtlasFive® platform, and to expand its suite of products targeting the PE and Funds industry.

Who led the Series C funding round for Eton Solutions?

The Series C funding round was led by Navis Capital Partners, a leading private equity firm focused on companies in high-growth markets.

What growth has Eton Solutions experienced in recent years?

In the past three years, Eton Solutions has more than quadrupled its revenue, expanded its client base by 340% across 15 countries, and its AtlasFive® platform is now used by more than 800 of the world’s wealthiest families.

What are some key features of the AtlasFive® platform?

The AtlasFive® platform manages 130,000 entities, oversees 205,000+ investments, $65 billion in annual bill payments, and processes more than 14 million annual transactions, with over 400 AI use cases developed on this foundation.

What markets is Eton Solutions targeting with its expanded products?

Eton Solutions is targeting ultra-high net-worth individuals with $25 million or more in assets, and a client base including Single and Multi-Family Offices, Private Equity firms, Funds, Registered Investment Advisors, Accounting Firms, Business Managers, and Global Private Banks.

How is the family office market growing globally?

The number of single-family offices worldwide is expected to grow from 9,030 last year to 10,720 by 2030, with Asia Pacific expected to outpace North America in growth speed by 2030.

Where does Eton Solutions have its headquarters?

Eton Solutions has a U.S. headquarters in North Carolina and an international headquarters in Singapore, with a substantial presence in North America, Asia Pacific, Europe, and the Middle East.

What did Satyen Patel, Executive Chairman at Eton Solutions, say about the company’s future?

Satyen Patel stated that the company’s focus is on reimagining how wealth managers manage investments for their clients, leveraging AI-driven efficiencies to meet growing market demands and create more value.