Meet 10 wealth-tech startups to watch, according to VC investors

• Business Insider asked venture capital investors and other big investors to nominate early-stage startups in the wealth management ecosystem that they see as up-and-comers. 
• Investors including DCM Ventures, Oak HC/FT, Accel, and Broadhaven Ventures pinpointed companies that have not raised beyond a Series B round of funding.
• Wealth-tech startups raised $1.2 billion in venture funding in the second quarter, according to CB Insights. 
• Visit Business Insider’s homepage for more stories.

The world of wealth- and investment-technology can be a wonky, crowded space, full of entrants trying to find new solutions for old financial problems, clamoring for advisers’, clients’, and big firms’ attention.

Like other corners of the fintech market, wealth-tech startups have reported fresh infusions of capital this year even as the coronavirus pandemic has threatened financial stability around the world.

Last quarter, wealth-tech startups raised $1.2 billion in venture funding, up from $450 million during the first quarter, according to a report from CB Insights. Total deal activity ticked up slightly from quarter to quarter, from 28 to 32 deals.

Business Insider asked investors to nominate early-stage startups in the wealth management ecosystem that they see as up-and-comers. We set a criteria that companies eligible for this list could be in and outside of investors’ portfolios, while sticking with startups that have not raised beyond a Series B round of funding. 

Startups they selected in and around wealth management run the gamut. Two are in the business of will-writing and end-of-life planning — one US-based, and one London-based. One has been dubbed a “German Robinhood.”

Another, the most-nominated startup on this list, builds technology for financial advisers with the use of artificial intelligence, and has cracked into the fast-growing independent wealth management industry. 

Here are the 10 startups investors nominated as wealth-tech companies on the rise.