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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
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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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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| 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 |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SMArtX
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - SMArtX
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| 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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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Smartx
Frequently Asked Questions about SMArtX
When was SMArtX founded?
SMArtX was founded in 2010 and raised its 1st funding round 8 years after it was founded.
Where is SMArtX located?
SMArtX is headquartered in West Palm Beach, United States. It is registered at West Palm Beach, Florida, United States.
Who is the current CEO of SMArtX?
Evan Rapoport is the current CEO of SMArtX. They have also founded this company.
Is SMArtX a funded 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.
What does SMArtX do?
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.
Who are the top competitors of SMArtX?
SMArtX's top competitors include Altruist, Nucleus Financial and QPLIX.
What products or services does SMArtX offer?
SMArtX offers SMArtY Platform, Automated Rebalancer, and Open APIs.
Who are SMArtX's investors?
SMArtX has 3 investors. Key investors include Morningstar Investment Management, ManchesterStory Group, and IA Capital Group.
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