Other Deals
Digital wealth mgmt platform Syfe raises $80-M in Series C led by 2 UK family offices
Company Announcement Entrepreneur Syfe
Singapore-based digital wealth management platform Syfe has raised USD 80 million in its Series C round, raising USD 53 million through a Series C2 all-equity round led by two UK family offices. The round builds on the USD 27 million raised in Series C1 in August 2024. Existing backers, including Unbound and Peter Thiel's Valar Ventures, also participated in the round.The proceeds will be used to scale the firm’s engineering and product capabilities at its technology headquarters in Gurugram. Funds will also be deployed to strengthen operations in Syfe's key markets - Singapore, Hong Kong, and Australia.Founded in July 2019 by Dhruv Arora, Syfe offers a suite of digital wealth solutions, including managed portfolios, cash management tools, and brokerage services. It claims to serve over 60 countries and manage more than USD 10 Billion in client assets.
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