ETON SolutionsThe Wealth Management Platform That The World’s Wealthiest Single and Multi-Family Offices Reli on to Manage Over $ 1 Trillion in Assets, Today Announced the Finalization of Its $ 58 Million Series, Unfolded in two traches. The Raise was LED by Repeat Investor Navis capital partnersA Leading Private Equity Firm Focused on Companies in High-Growth Markets with An Edge in their Industries.
LR: Rajendra Pai, Partner, Navis Capital Partners, Robert Mallernee, CEO, Bryan Henning, SVP, Head of Global Business Development & Satyen Patel, Executive Chairman, Executive Chairman
The Funding Comes as Eton Solutions Experiences Rapid Growth. In the past three years, the company has more than quadruppled its revionue and expanded its client base by 340% across 15 counties. The company’s atlasfive platform has become the system of record for elite wealth management and is alredy in use by more than 800 of the world’s wealthiest familyies. The company has made significant investments in Artificial Intelligence and Expeded Features to Arrive at a Holistic Solution that that’s! $ 65 Billion in Annual Bill Payments, and Processing more than 14 million annual transactions. It’s upon this data-rich foundation that eton solutions have developed more than 400 ai use cases.
The company will use the funding to fuel product innovation and ai development of its atlasfive platform and expand its suite of products targeting the pe and funds industry. Built on ETON Solutions’ Decades of Wealth Management and Financial Domain Expertise, Its Forthcoming Products will serve a broader range of Ultra-HIGH NET-HHIGH NET-WORTH Levels, Beginning with Induels $ 25 million or more in assets. They will also serve a steadily expanding client base for the company, now Consisting of Single and Multi-Family Offices, Private Equity Equity Firms, Funds, Registment Appries, Registment Appries, Accounting Fir Business manners and global private banks.
The growth of family offices in the US, UK, Switzerland, Apac and the UAE
In recent years, the growth of Ultra-High-NET-Worth Families and Individuals has resulted in a significant expansion of family offices globally. According to DeloitteThe number of Single-Family Offices Worldwide Hit 9,030 Last Year and Will Reach 10,720 by 2030.
While North America Currently Has The Larget Number of Family Offices, Asia Pacific is Expected to OutPace it in Terms of Growth Speed By 2030. International Headquarters in Singapore, has a substantial presence in North America, Asia Pacific, Europe and the Middle East. It is Well positioned-Both Physically and Strategically-to Cater to this growth and the resulting demand.
,Our Total addressable market is increasing every year, and our technology is expanding to meet it“Said Satyen Patel, Executive Chairman at Eton Solutions. ,We’ve Built an ecosystem that is uniquely able to meet every wealth management need-second-second-second-the security, privacy, workflow and data foundation in one place. Our focus as we enter our second decade is how wealth manners are across the Board Manage Liquid and Alternative Investments for his clients- WHETHER OOR OR MANY. This investment will let us super charge our expansion to meet the growing markets and their demand for ai-Dr. Driven EFFICIENCIEs that Create even even more value,
Over the last ten years, the company has invested $ 50 million in the demolopment of its core and upcoming products. This year, it hosted its first ever Global Client Summit, Attracting 75 representas from more than 40 family offices from Around the World. The company has 425 employees.
Navis Capital Partners, which manages over $ 5 billion in assets, cited etons unique position in the market as key to their investment decision. ,Weve witnessed how etons technology enables family offices to achieve unprecedented efficiency and insurance“Said Rajendra Pai, Partner at Navis Capital Partners,Their platform has become an essential infrastructure for managing complex wealth at scare. Were excited to continue supporting their growth and innovation,
Eton Solutions have built a prestigious International Client Base, Including The Founders of the World’s Leading Technology Companies, Hotel Groups, Oil and Energy Companies, Entertainment Groups, Entertainment Groups Firms and more. Its all-in technology platform seamlessly connects all data, services and stakeholders within single and multi-faamily office offices-replacing and streamlining a workflow previous mande us Disparete Point Solutions and Manual Processes. The company’s erp platform is additionally used as a white-Labeled solution by institutional clients who manage Complex Liquid and Alternative Investments for their clients.
About Eton Solutions
Eton solutions are a software and services company founded to handle the complexities of servicing ultra-hight-NET-WORTH Families. Created by Family Office Leaders, ETON Solutions’ Flagship product is atlasfive, an integrated platform with us $ 1 trillion in assets under administration Aggregates and Manages All Your Office’s Data, Reporting, and Workflow Processes. With one source of bus, eton solutions leads family offices into the future by maximizing efficiency and minimizing errors and risk. ETON Solutions have experienced a Cagr of Over 100% Since Its Inception.
About Navis Capital Partners
Founded in 1998, Navis Manages Over Us $ 5 Billion in Private Equity and Private Credit Capital and Focuses on Investments Primarily in Southeast Asia, And Selectively in Australia and New Zealand. Navis Contributes Both Capital and Management Expertise to Well-Positioned Companies with the objective of directing strategic, operational and financial images. Navis has one of the largest private right professional teams in asia, Comprising more than 60 individuals, supported by more than 30 administical staff, in Seven Offices Accounts the region. Since Inception, Navis Has Completed Over 90 Control Transactions, of which over 60 have been exited, and consistent with noves’ Investment Strategy, The Majority of these EXITS HIVE BUEN TO TRADE BUEN to TRADE BUSE BUYES.