About WealthKernel
WealthKernel is a company based in London (United Kingdom) founded in 2015 was acquired by Alpaca Securities in July 2025.. WealthKernel has raised $20.47 million across 4 funding rounds from investors including Seedcamp, Alpaca Securities and ETFS Capital. The company has 35 employees as of December 31, 2023. WealthKernel offers products and services including User Onboarding, Trading Service, Portfolio Management, Account Funding, and Custody Service. WealthKernel operates in a competitive market with competitors including DriveWealth, Atomic, Tarrakki, Velexa and Eko, among others.
- Headquarter London, United Kingdom
- Employees 35 as on 31 Dec, 2023
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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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- Legal Name Wealthkernel Limited
- Date of Incorporation 15 Jul, 2015
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
$703.25 K (USD)-40as on Dec 31, 2023
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Net Profit
$-4.61 M (USD)-4as on Dec 31, 2023
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EBITDA
$-4.93 M (USD)-3as on Dec 31, 2023
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Total Equity Funding
$20.47 M (USD)
in 4 rounds
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Latest Funding Round
$7.62 M (USD), Series A
Jan 24, 2024
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Investors
Seedcamp
& 6 more
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Employee Count
35
as on Dec 31, 2023
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Acquired by
Alpaca Securities
(Jul 10, 2025)
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Products & Services of WealthKernel
WealthKernel offers a comprehensive portfolio of products and services, including User Onboarding, Trading Service, Portfolio Management, Account Funding, and Custody Service. 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.
Digitally onboard clients for investment accounts.
Facilitate trading of securities via API.
Manage and rebalance client investment portfolios.
Support methods for funding investment accounts.
Safeguard client assets and money securely.
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Funding Insights of WealthKernel
WealthKernel has successfully raised a total of $20.47M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $7.62 million completed in January 2024. 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 4
- Last Round Series A — $7.6M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Series A - WealthKernel | Valuation | ETFS Capital | |
| Jan, 2022 | Amount | Series A - WealthKernel | Valuation | ETFS Capital , XTX Ventures |
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| Jan, 2020 | Amount | Series A - WealthKernel | Valuation | ETFS Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 WealthKernel
WealthKernel has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Seedcamp, Alpaca Securities and ETFS Capital. 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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A venture capital firm focused on European fintech investments.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Venture capital firm focused on fintech, edtech, and SaaS sectors
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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 WealthKernel
| 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 - WealthKernel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Wealthkernel Comparisons
Competitors of WealthKernel
WealthKernel 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 DriveWealth, Atomic, Tarrakki, Velexa and Eko, 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 |
Cloud-based API solutions for embedded investing are provided online.
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| domain | founded_year | HQ Location |
Payroll management services are provided to businesses by Atomic.
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| domain | founded_year | HQ Location |
Fintech platform that helps banks, fintech & consumers with the infrastructure to launch investment products
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| domain | founded_year | HQ Location |
Provides customizable API-based investing technology for financial institutions worldwide.
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| domain | founded_year | HQ Location |
Investment services platform is offered to credit unions and banks.
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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 Wealthkernel
Frequently Asked Questions about WealthKernel
When was WealthKernel founded?
WealthKernel was founded in 2015.
Where is WealthKernel located?
WealthKernel is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is WealthKernel a funded company?
WealthKernel is a funded company, having raised a total of $20.47M across 4 funding rounds to date. The company's 1st funding round was a Series A of $5.85M, raised on Sep 10, 2015.
How many employees does WealthKernel have?
As of Dec 31, 2023, the latest employee count at WealthKernel is 35.
What is the annual revenue of WealthKernel?
Annual revenue of WealthKernel is $703.25K as on Dec 31, 2023.
What does WealthKernel do?
WealthKernel was founded in 2015 in London, United Kingdom, within the fintech sector. A managed account digital platform is provided to advisors, enabling automated investment advice for clients. Compliance with RDR procedures is ensured through these services. Operations focus on embedded investments, supporting wealth management integration across financial applications in the UK market.
Who are the top competitors of WealthKernel?
WealthKernel's top competitors include DriveWealth, Atomic and Tarrakki.
What products or services does WealthKernel offer?
WealthKernel offers User Onboarding, Trading Service, Portfolio Management, Account Funding, and Custody Service.
Who are WealthKernel's investors?
WealthKernel has 7 investors. Key investors include Seedcamp, Alpaca Securities, ETFS Capital, XTX Ventures, and Digital Horizon.
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