Ramify Raises €11 Million to Become the Leader in High-End Wealth Management

Ramify, the innovative wealth management and financial advice platform, has announced a successful fundraising round of €11 million in Series A. The funding was led by 13books, with participation from Fidelity International Strategic Ventures and existing investors such as Newfund, AG2R LA MONDIALE, Crédit Agricole Brie Picardie, and business angels. This significant investment will enable Ramify to accelerate its growth and establish itself as the essential investment solution for the new generation of investors in France.

Founded in 2021 by Olivier Herbout and Samy Ouardini, Ramify has quickly gained traction by addressing the evolving needs of investors seeking high-quality investment solutions and simplified access to multi-product asset management. In just 18 months since its inception, Ramify has experienced a 20-fold increase in assets under management, making it a leading player in the wealthtech industry.

The all-in-one investment platform offered by Ramify provides a comprehensive wealth management solution that combines digitalization, personalized advice, and reduced fees. Targeted primarily at French individuals with financial assets ranging from €100,000 to €5 million, the platform offers access to a wide range of financial products, tax solutions, and premium services. From managed life insurance and investments in private equity to short-term savings products and alternative investments like crowdfunding and structured products, Ramify’s offering is unmatched in the market. Wealthier investors can also benefit from exclusive services such as Lombard credit, Luxembourg life insurance, and art investments.

With a strong structural movement in the wealth management sector on the horizon, Ramify is well-positioned to address the upcoming challenges. As European baby boomers prepare to transfer over €10,000 billion to new generations in the next fifteen years, the demand for innovative financial advisors is on the rise. Ramify’s team of researchers, developers, and financial experts has successfully combined finance, technology, and human expertise to deliver a premium customer experience. By leveraging automated back-office processes and artificial intelligence, Ramify can efficiently manage a growing client base while providing personalized advice and optimizing investment strategies. Additionally, their financial advisors offer a human touch, ensuring that each client’s specific needs are met.

The support from investment references such as 13books, Fidelity International Strategic Ventures, and other key investors underscores the confidence in Ramify’s value proposition. Olivier Herbout, co-founder and Chief Investment Officer of Ramify, expressed gratitude to the investors for their trust and highlighted the significance of this fundraising round in propelling Ramify towards becoming the high-end investment solution for the new generation of investors in France.

In conclusion, with its unique product offering, impressive growth trajectory, and exceptional team, Ramify is poised to become the go-to investment solution for the next generation of investors. The successful fundraising round solidifies Ramify’s position as a leader in high-end wealth management and sets the stage for continued success in the evolving financial landscape.