Portfolio analysis software Riskalyze picked up $20 million in funding

Sacramento-based portfolio analysis software Riskalyze picked up $20 million in a Series A round led by FTV Capital. Earlier this month, the five-year-old startup announced a five-year partnership with one of the largest health, life and annuity marketing organizations, AmeriLife, to allow the latter to equip its annuity producers with the startup’s nifty software called Risk Alignment Platform, which claims to match clients with the perfect portfolio based on a Risk Number, aka a quantitative way to pinpoint how much risk clients want, how much risk they need to meet their goals and how much risk they actually have in their portfolios. Bottom Line: Portfolio Analysis meets Risk Alignment Platform. Risk questionnaire meets Data Analytics .