Farther raises $15 million

Wealth management startup Farther has raised $15 million in Series A funding led by Bessemer Venture Partners, with participation from MassMutual Ventures, bringing its total funding to $22 million and its valuation to $50 million.

Founded in 2019, the NY-based startup caters to high-net-worth professionals who are building generational wealth and need a more holistic approach to managing their money. Farther blends personalized advice with technology to help individuals organize their financial life.

The startup also has an offering for advisors – offering its platform as well as training and marketing services.

Farther has $250+ million in AUM.