Eton Solutions Announces $58 Million Series C Funding to Fuel AI and Product Innovation

Eton Solutions, a wealth management platform trusted by the world's wealthiest single and multi-family offices to manage over $1 trillion in assets, has successfully closed a $58 million Series C funding round. The investment was led by Navis Capital Partners, a private equity firm known for its focus on high-growth market companies. This funding marks a significant milestone for Eton Solutions as it continues to experience rapid expansion, with revenue more than quadrupling and its client base growing by 340% across 15 countries in the past three years.

The company's AtlasFive® platform, now the system of record for elite wealth management, serves more than 800 of the world's wealthiest families. It manages 130,000 entities, oversees 205,000+ investments, processes $65 billion in annual bill payments, and handles over 14 million annual transactions. With a foundation rich in data, Eton Solutions has developed more than 400 AI use cases, showcasing its commitment to leveraging technology for enhanced wealth management solutions.

The newly acquired funds will be directed towards product innovation and the further development of AI within the AtlasFive® platform, as well as expanding its product offerings for the Private Equity and Funds industry. These upcoming products aim to serve a broader range of ultra-high net-worth individuals, starting with those possessing $25 million or more in assets. This expansion is timely, given the global increase in ultra-high-net-worth families and individuals, which has led to a significant rise in family offices worldwide. According to Deloitte, the number of single-family offices globally reached 9,030 last year and is projected to grow to 10,720 by 2030.

Eton Solutions' strategic positioning, with headquarters in North Carolina and Singapore, places it in an ideal spot to cater to the growing demand in North America, Asia Pacific, Europe, and the Middle East. Satyen Patel, Executive Chairman at Eton Solutions, emphasized the company's readiness to meet the expanding market demands with its comprehensive ecosystem designed for wealth management needs.

Navis Capital Partners, managing over $5 billion in assets, highlighted Eton Solutions' unique market position and the efficiency its technology brings to family offices as key reasons for their investment. The company's all-in-one technology platform has become essential infrastructure for managing complex wealth at scale, attracting a prestigious international client base that includes founders of leading technology companies, hotel groups, and investment firms.

With a decade of investment in product development and a recent global client summit that drew representatives from over 40 family offices worldwide, Eton Solutions is poised for continued growth and innovation in the wealth management sector.