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Eton Solutions Raises $11.1 million to Extend Cloud-based Family Office Platform

June 26, 2020 / Business Wire
SHARESHARESHARE

Eton Solutions, L.P. (Eton), the provider of the cloud-based AtlasFive® technology platform for ultra-high net worth wealth management, has closed on an investment round of $11.1 million, bringing total investment in the company and platform to over $20 million. The round was led by existing investors, clients and members of senior management.

Eton is leveraging the deep domain expertise of ultra-high net worth wealth management industry veterans to offer a cloud-native, SaaS platform geared to the complex and specific asset management needs of this market. The capital raised will be used to continue expansion of Eton’s AtlasFive platform as well as the build out of its implementation and client service capabilities.

Eton Solutions has over $250 billion in assets under administration (AUA) on its AtlasFive platform and continues to refine the platform with some of the most demanding, leading-edge and technology-savvy customers throughout North Am...