FutureVault

FutureVault Inc. operates as a business-to-business-to-consumer (B2B2C) Software-as-a-Service (SaaS) provider, specializing in AI-powered digital vaults. The company was conceptualized by G. Scott Paterson, who founded the company in 2014/2015 with Michael Bradley and Brad Rosenberg in Toronto, Canada. Paterson, a technology and media venture capitalist, identified a market gap for a secure and intelligent solution to manage the complexities of personal and financial documentation. Co-founders Michael Bradley and Brad Rosenberg brought expertise in technology, media, and finance. FutureVault commercially launched its platform in September 2016.

The firm's core business revolves around providing a white-labeled, cloud-based platform for secure document management and collaboration. It primarily serves regulated industries such as financial services enterprises, wealth management organizations, broker-dealers, credit unions, and family offices. The business model is Platform-as-a-Service, generating revenue by licensing its technology to these institutions, which in turn offer the branded digital vaults to their end-clients. This approach is designed to enhance the client relationship, streamline workflows, and ensure regulatory compliance for its institutional partners. As of March 2025, the company had raised a total of $31 million in funding.

FutureVault's product, the Client Life Management Vault™, functions as a secure, centralized repository where financial institutions, advisors, and clients can manage documents and information collaboratively. The platform is engineered to handle a wide range of documents, including statements, legal agreements, and financial plans. Key features include bank-grade security with end-to-end encryption, multi-factor authentication, and detailed audit trails for compliance purposes. The platform leverages Artificial Intelligence and private Large Language Models (LLMs) to provide actionable insights by extracting critical data like maturity dates from documents and summarizing information. It also integrates with other financial technology applications through an open API library, enabling automated workflows and data exchange.

Keywords: digital vault, document management, wealthtech, fintech, Platform-as-a-Service, SaaS, client life management, secure document exchange, financial services technology, information management, compliance solutions, AI in finance, data extraction, secure collaboration, family office technology, advisor technology, white-label platform, document security, client portal, regulatory technology