IraLogix raises $5 million

Source: iraLogix

iraLogix, Inc. announces that it has completed a $5 million Series A financing led by Integrated Retirement Initiatives with participation from Riverfront Ventures and other strategic investors.

iraLogix is a unique, cloud-¬‐native technology platform providing completely paperless, end-¬‐to-¬‐end white label IRA product capability to financial services firms interested in growing their IRA business quickly and profitably. iraLogix provides a wide range of institutionally-¬‐ priced investment choices and seamless access to professional advice, education and other financial services, all with no account minimums.

“This timely investment will help us accelerate as we expand our ability to provide advanced IRA technology solutions to our rapidly growing list of institutional IRA provider clients” said David Bernard, iraLogix’s CEO. “Integrated Retirement’s continued confidence and support has been instrumental as we increase the speed at which we secure new clients and add new services for existing clients. We are excited about the positive impact we're able to make in helping our clients address this $3 trillion opportunity in the retirement market.”

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