Zurich-based fintech aisot can continue with its growth strategy. HAUTE, a Swiss investment firm listed on the BX Swiss stock exchange and angel investors, among others from the Swiss ICT Investor Club (SICTIC) have invested CHF1.8 million in the start-up.
“We are excited to partner with HAUTE because they recognize the huge role AI will play in the future of asset management,” said Stefan Klauser, CEO and Co-Founder of aisot. Thibault Leroy Bürki, Chairman & CEO at HAUTE, commented: "We chose aisot for their innovative approach to wealth management, advanced AI engine, and ability to generate alpha in real-time, making them a leading provider of AI solutions for asset and wealth management. aisot’s AI engine provides clients with the amazing ability to adjust customized portfolios to market trends in real-time while generating alpha.”
In 2022, aisot successfully launched an U.S. equity product and onboarded UX Wealth as client, making aisot's U.S. equity strategy investable to more than 10'000 client accounts. aisot’s equity product outperformed the S&P 500 for the entire year of 2022. On the crypto side, aisot onboarded a Switzerland-based fund, backing the world's first AI-driven crypto AMC (actively managed certificate). In addition, aisot is set to launch additional AMCs in spring 2023.
The new capital will help to fund key additions to the team and support critical customer demands, product development and growth initiatives including the development of an AI-powered interactive self-service platform for asset and wealth managers.
This new round of funding brings aisot’s total funding to CHF 2.3 million. Zurich-based accelerator Tenity (formerly F10) and friends and family provided a CHF 0.5 million pre-seed round in 2021.
(Press release / SK)
Photo: Aisot Technologies Management Team, from left to right: Roger Peyer, CTO | Stefan Klauser, CEO & Co-Founder | Dr. Nino Antulov-Fantulin, Head of Research & Co-Founder