Starburst Labs, Makers of Wealthbox CRM, Raises $6.25M in Series A Round
The investment will fund the growth of Wealthbox and the development of complementary fintech apps in 2017.
NEW YORK and PROVIDENCE, R.I., Jan. 17, 2017 /PRNewswire/ -- Starburst Labs, a maker of web-and-mobile apps for an ecosystem of individual investors, financial advisors, broker-dealers, and financial media brands, has announced it has closed a Series A round of funding totaling $6,250,000. The investment was led by Bel45 Capital Partners which invested $5,000,000 as part of the Series A round with the remaining capital coming from investors in Starburst Labs from previous seed rounds. The new financing brings Starburst Labs' total capital raised to $10,250,000.
The proceeds of the $6.25M Series A financing will allow Starburst Labs, with locations in New York City and Providence, to accelerate the growth of Wealthbox CRM and hire more staff to further develop its suite of complementary online products in the wealth-tech sector that include InvestorSay, PaperTrade.io, and Wealthbase.
About Starburst Labs, Inc.
Starburst Labs, Inc., creates, designs, develops, and operates a vertically aligned stack of digital products for investing consumers, financial advisors, broker-dealers, and financial media publishers.
SOURCE Starburst Labs, Inc.
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