Cais Raises $50M in Series B Equity Funding


Cais, a NYC-based alternative investment platform, raised $50M in Series B equity funding.

Eldridge made the investment, which is subject and pending to FINRA approval, and Todd Boehly, Co-founder and CEO of Eldridge, joined the CAIS Board of Directors.

The company intends to use the funds to continue to invest in innovative technologies, data and analytics, expand its education platform, and enhance the overall user experience.

Led by Matt Brown, Founder and CEO, Cais has built a technology platform that enables financial advisors to access to alternative investments. By building relationships with financial advisors, asset managers, custodians, and a broad spectrum of service providers, the company connected the wealth management ecosystem making it easier, and cost effective to allocate to alternative investments.

In addition, CAIS provides CAIS IQ, a personalized learning system utilizing artificial intelligence that helps financial advisors master alternative investments and may improve client outcomes. CAIS IQ is modular, mobile, and offers CE credits.

Today, thousands of independent financial advisors, who collectively oversee more than $1.2T in assets, use the CAIS platform to access an evolving menu of alternative investment funds and products, including hedge funds, private equity, private credit, real estate, structured notes and digital assets. Additionally, the nation’s largest custodians, Fidelity, Schwab, and Pershing, who collectively oversee $6.4T in assets for over 15,000 financial advisors, have selected the platform to provide enhanced access, education, and streamlined workflow to alternative investments.

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