d1g1t Secures Funding in Combined Equity and Debt Round Led by MissionOG

d1g1t, a prominent institutional-grade wealth management platform, has successfully closed a combined equity and debt financing round. The equity round was spearheaded by U.S.-based existing investor MissionOG. Existing institutional investors such as CI Financial, NA Ventures (venture arm of National Bank of Canada), Illuminate Financial (U.S./UK VC), and Purpose also participated. Noteworthy is the participation of new investor FigTree Financial, a leading multi-family office and d1g1t client, and CIBC Innovation Banking which led the round’s debt facility.

Achievements and Future Plans

d1g1t’s platform services thousands of advisors at leading wealth management firms and multi-family offices across Canada, the U.S., and the Caribbean, managing over $200 billion in assets. The firm gained recognition with several prestigious awards, including Deloitte’s Fast 50, the Best Enterprise Wealth Management Platform in the 2023 Fintech Awards, and the WealthTech 100. The newly acquired funds will be used to facilitate the company’s U.S. expansion, scale operations, and continue R&D investment to expand platform capabilities and foster product innovation.

Dr. Dan Rosen, d1g1t’s co-Founder and CEO, believes the investment round’s success indicates their unique value proposition’s validation and their dedication to empowering wealth management firms through technology.

Industry Acclaim and New Partnerships

Andy Newcomb, Managing Partner, MissionOG and d1g1t board member, praised d1g1t for bringing true innovation and a unique blend of functionality and usability to its advisor customers. He acknowledges that d1g1t’s comprehensive solution has demonstrated its capacity to service some of the industry’s most demanding customers.

Rob Rosen, Managing Director in CIBC Innovation Banking’s Toronto office, commends d1g1t’s transformative approach to digital wealth management. He is confident in d1g1t’s potential to further redefine the industry and is excited to be part of their growth trajectory.

FigTree Financial’s Co-Founder and Executive Chairman, Danny Farmer, expressed excitement at expanding their partnership with d1g1t and continuing to introduce powerful technology to the forefront of wealth management practice.

About d1g1t and MissionOG

d1g1t is a leading institutional-grade wealth management platform created to transform legacy systems with a single, integrated platform that manages the entire wealth advisory life cycle. The team consists of experienced financial technology experts who have developed leading risk and portfolio management systems for top investment banks, institutional and wealth managers, hedge funds, and regulators worldwide.

MissionOG partners with high-growth businesses that have proven models in segments such as financial services and payments, data platforms, and software. The firm is managed by operators and investors who have effectively built early to growth stage businesses and guided them through successful acquisitions.