About SMArtX
SMArtX is a company based in West Palm Beach (United States) founded in 2010 by Evan Rapoport. SMArtX has raised $39.74 million across 3 funding rounds from investors including Morningstar Investment Management, ManchesterStory Group and IA Capital Group. SMArtX offers products and services including SMArtY Platform, Automated Rebalancer, and Open APIs. SMArtX operates in a competitive market with competitors including Altruist, GeoWealth, Nucleus Financial, xalts and SnapTrade, among others.
- Headquarter West Palm Beach, United States
- Founders Evan Rapoport
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$39.74 M (USD)
in 3 rounds
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Latest Funding Round
$30 M (USD), Series D
May 03, 2022
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Investors
Morningstar Investment Management
& 2 more
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Employee Count
Employee Count
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Products & Services of SMArtX
SMArtX offers a comprehensive portfolio of products and services, including SMArtY Platform, Automated Rebalancer, and Open APIs.
Platform for advisors to access investment tools and outsourced management.
Tool that monitors portfolios and automates trades for efficiency.
APIs that enable data sharing and customization for financial platforms.
People of SMArtX
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Funding Insights of SMArtX
SMArtX has successfully raised a total of $39.74M across 3 strategic funding rounds. The most recent funding activity was a Series D round of $30 million completed in May 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series D — $30.0M
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First Round
First Round
(06 Jul 2018)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2022 | Amount | Series D - SMArtX | Valuation |
investors |
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| Feb, 2020 | Amount | Series A - SMArtX | Valuation | ManchesterStory Group , IA Capital Group |
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| Jul, 2018 | Amount | Series A - SMArtX | Valuation |
investors |
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Investors in SMArtX
SMArtX has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Morningstar Investment Management, ManchesterStory Group and IA Capital Group.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Venture capital firm focused on tech startups
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Founded Year | Domain | Location | |
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Offers investment management and financial advisory services to clients.
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Founded Year | Domain | Location |
Investments & Acquisitions by SMArtX
Financial Statements - SMArtX
Smartx Comparisons
Competitors of SMArtX
SMArtX operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Altruist, GeoWealth, Nucleus Financial, xalts and SnapTrade, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Portfolio management software for financial advisors
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| domain | founded_year | HQ Location |
Integrated wealth management solutions are offered for advisors and institutions.
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| domain | founded_year | HQ Location |
Portfolio management solutions are offered to financial advisors.
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| domain | founded_year | HQ Location |
Wealth management solutions are delivered via an online platform.
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| domain | founded_year | HQ Location |
Provider of API enabling brokerage account connectivity for data and trading
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| domain | founded_year | HQ Location |
Digital wealth tools are provided to empower financial advisors.
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Frequently Asked Questions about SMArtX
SMArtX was founded in 2010 and raised its 1st funding round 8 years after it was founded.
SMArtX is headquartered in West Palm Beach, United States. It is registered at West Palm Beach, Florida, United States.
Evan Rapoport is the current CEO of SMArtX. They have also founded this company.
SMArtX is a funded company, having raised a total of $39.74M across 3 funding rounds to date. The company's 1st funding round was a Series A of $5.74M, raised on Jul 06, 2018.
Founded in 2010, SMArtX operates from West Palm Beach, United States, in the wealth management sector. Performance monitoring and account valuation services are delivered to advisors through a platform that supports UMA and SMA structures for traditional and alternative investments. Customized multi-strategy portfolios are facilitated, along with tools for drift management, rebalancing, consolidated tax reporting, and research using qualitative and quantitative metrics. White-label options are also available.
SMArtX's top competitors include Altruist, Nucleus Financial and QPLIX.
SMArtX offers SMArtY Platform, Automated Rebalancer, and Open APIs.
SMArtX has 3 investors. Key investors include Morningstar Investment Management, ManchesterStory Group, and IA Capital Group.