Helix by HL Secures $6 Million in Seed+ Funding Round Led by FINTOP Capital

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CONSHOHOCKEN, PA — Helix by HL, a joint venture between AI platform for wealth, TIFIN, and global private markets investment manager, Hamilton Lane, has successfully raised $6 million in its Seed+ funding round. The post-money valuation of the firm now stands at $26 million. FINTOP Capital, known for its strategic investments in financial technology, led the funding round.

Launched in June 2023, Helix aims to simplify alternative investing by equipping wealth advisors with the necessary tools and insights to navigate this complex asset class. Powered by Hamilton Lane’s proprietary data and industry expertise, the platform is designed for future integration within wealth platforms and digital marketplaces used by advisors and investors seeking allocations to the private markets.

This round of funding marks a significant milestone for TIFIN’s TIFIN.AI initiative, which co-develops new AI platforms with leading financial services firms to enhance their capabilities in the rapidly evolving landscape of AI-powered wealth technology.

Dr. Vinay Nair, Founder and CEO of TIFIN, expressed his excitement about the successful funding round. “We are thrilled to announce the addition of FINTOP to our capital partners and look forward to their contribution towards our goal of making Helix a must-have for all users of private investments,” he said. “This investment is a testament to our vision to bring cutting-edge AI technology to the world of wealth.”

Griff Norville, Managing Director and Head of Technology Solutions at Hamilton Lane, echoed Dr. Nair’s sentiments. “As a firm, we believe that data-driven decision-making can help deliver superior investment results for investors around the world. Through the creation and application of Helix by HL, we aim to empower the growing set of wealth managers and other private wealth professionals allocating to the private markets.”

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FINTOP Capital, the round’s lead investor, has a strong track record of supporting innovative fintech companies. The investment is part of JAM FINTOP’s strategy to help banks enhance their wealth management offerings by democratizing access to alternative assets. The funds raised are expected to accelerate product development, enhance platform features, and expand Helix’s market presence.

Rick Kushel, FINTOP Capital Managing Partner, shared his enthusiasm about the partnership. “We are thrilled to be partnering with TIFIN and Hamilton Lane in the launch of Helix by HL. FINTOP has a long history and successful track record in private markets technology and this is a natural fit for us,” he said.

The new capital injection underscores the potential that FINTOP sees in Helix to redefine the private investment space. For more information about Helix by HL and its innovative AI-driven platform, visit helixbyhl.com.

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