Wealth-X has received an investment from Insight Venture Partners, the companies announced. The financing will be used to expand Wealth-X global operations, including sales and marketing, investments in product innovation and further evaluate strategic acquisition opportunities.
Wealth-X co-founders Mykolas Rambus and David Friedman will continue to lead the business, with Rambus serving as chief executive officer and Friedman as president and global head of sales and client development.
Euan Menzies and Matthew Gatto from Insight Venture Partners have joined Wealth-X’s board of directors.
Founded in 1995, Insight Venture Partners is a global venture capital and private equity firm that invests in high‐growth technology and software companies.
Please send On the Move items to Kathy Lynch.