Quantfolio
Delivers a machine learning software for selecting the best savings products.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor | €0.0 | round |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
NOK70.0m | Early VC | ||
| Total Funding | 000k | ||
| EUR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 5 % | 100 % | (30 %) | 56 % | 32 % | 95 % | 25 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | (209 %) | (108 %) | (125 %) | (143 %) | (232 %) | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (163 %) | (135 %) | (187 %) | (208 %) | (271 %) | (199 %) | (147 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Quantfolio, founded in Bergen, Norway, in 2015 by Helge Hannisdal and Jan Åge Skaathun, operates as a business-to-business fintech company targeting the wealth management sector in the Nordic region. The firm provides a technology platform to large financial institutions and banks, enabling them to enhance their investment advisory services. The business model is centered on delivering a configurable, API-driven platform that clients can integrate into their existing infrastructure. This allows for the automation and digitalization of the advisory process, from client onboarding and risk assessment to generating personalized investment proposals.
The company's core offering is the 'Deep Alpha' advisory platform, which equips financial advisors with tools for suitability assessments, matching investors with appropriate products, and documenting the entire process in compliance with regulations like MiFID-II. For end-investors, Quantfolio provides a robo-advisory solution for self-service investment advice. The platform's Investment Engine is a key component, allowing financial institutions to customize the system according to their specific investment philosophies and operational workflows. Revenue is generated through this B2B software-as-a-service model, providing these tools to clients such as Sbanken and Avanza.
Co-founder Jan Åge Skaathun previously co-founded the educational platform Itslearning, bringing experience in building B2B companies through strategic partnerships. This background informs Quantfolio's collaborative approach with its clients. The company has secured significant funding to fuel its growth, including a NOK 15 million round in 2020 and a NOK 70 million round in 2022 led by Storebrand. These investments have supported the company's expansion within the Nordics and further into Northern Europe. Quantfolio's clients include major players like DNB, Norway's largest financial services group.
Keywords: wealth management technology, financial advisory platform, robo-advisory, investment advisory, fintech B2B, Nordic fintech, digital wealth management, compliance solutions, portfolio management software, investment engine, API platform, client onboarding, risk assessment tools, MiFID-II compliance, Deep Alpha, financial planning tools, asset management software, automated investment advice, digital transformation finance, advisor technology