Elinvar
ClosedPlatform as a Service for business models in asset & wealth management
Elinvar GmbH
About Elinvar
Elinvar enables asset & wealth managers to digitalize their business models by providing the required Platform as a Service. This includes applications for core processes like client relationship management, online onboarding, onsite advisory support, portfolio management, reporting, invoicing, online client access and communication as well as third-party connections, e.g. to custodian banks, market data or KYC providers. Elinvar’s partners profit from the combination of leading technology and the optimal regulatory setup as Elinvar holds all necessary BaFin licenses. With this comprehensive approach, Elinvar creates the unique opportunity for its partners to go digital in one step and to utilize state-of-the-art analytics to create individualized solutions to the benefit of their clients.
Elinvar has filed for insolvency in October 2023 .
Funding
€46m
Total raised
€125m
Valuation
| Round | Year | Amount |
|---|---|---|
| Latest round | 2022 | €1m |
| Round −1 | 2021 | €25m |
| Round −2 | 2019 | €20m |
| Round −3 | 2016 | — |
Financials (€m)
| Year | Revenue | EBIT |
|---|---|---|
| 2018 | €1.3m | €-4.1m |
| 2019 | €1m | €-7.7m |
| 2020 | €2.7m | €-8.3m |
| 2021 | €3.9m | €-13.5m |
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