RISR Secures $1.5M to Enhance Financial Advisor Engagement

Author

Slice of Finance Team
07 Jul

Key Highlights:

  • RISR closes $1.5M seed round led by industry titans.

  • Funding to support strategic hires, service enhancements, and platform development.

  • Platform aggregates and analyzes financial and business data for personalized insights.

  • Integration with QuickBooks and Insurex expands capabilities.

  • RISR aims to empower advisors and drive meaningful change.

Source (Business Wire)

Notable Quotes:

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"We believe deeply in the work that advisors do, which often blends tactics with the art of understanding a business owner’s hopes, dreams and desires. At RISR, we are hyper-focused on helping advisors better serve business owners. Sixty-five percent of them don’t have an advisor, and that doesn’t sit right with us. We designed our platform to change that."

Jason Early, Founder and CEO at RISR
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"RISR has assembled an exceptional team to address a pressing need. Amid a significant decline in the number of publicly listed companies, attention has been shifting to the private market, and the owners of those companies desperately need sound advice."

Kevin Lucey, Investor and Advisory Board Member at RISR

Our Take:

The successful closure of RISR's $1.5 million seed round marks a significant milestone in the financial advisory sector. By leveraging advanced data aggregation and analytics, RISR addresses a critical gap in advisor-client engagement, particularly in the private business domain. The platform's integration with QuickBooks and Insurex further enhances its utility, providing advisors with comprehensive tools to support business owners effectively. As RISR continues to attract top talent and expand its capabilities, it is well-positioned to revolutionize the way financial advisors interact with and support business owners, ultimately fostering deeper relationships and more impactful advisory services.