CapIntel raises US$11 million Series A to expand wealth management sales platform

On June 14, 2022, CapIntel Inc. (“CapIntel”) announced that it raised US$11 million in a Series A financing led by New York-based FinTech Collective, with an additional participation from Fengate Asset Management (“Fengate”) on behalf of its investor, the LiUNA Pension Fund of Central and Eastern Canada (“LPFCEC”).

Further information can be found on Business Wire’s website.

CapIntel is a leading Canadian financial technology company developing intuitive, web-based applications for financial professionals.

FinTech Collective is a global venture capital firm backing entrepreneurs who are rewiring the way money moves through the world.

LPFCEC is one of the fastest growing multi-employer pension funds across Canada. It has a diverse investment portfolio and C$10 billion in assets.

Fengate is a leading alternative investment manager focused on infrastructure, private equity and real estate strategies.