On October 27, DriveWealth, LLC, a U.S.-based leader in global digital trading technology, announced a $56.7 million Series C funding round to strengthen its current technology stack, make strategic acquisitions and grow the organization to scale its business. The round was led by Point72 Ventures, LLC, a current investor, with participating investment from Raptor Group, SBI Holdings, Inc. and Route 66 Ventures, LLC. DriveWealth also welcomed two new investors, Mouro Capital and Fidelity International Strategic Ventures.
The WilmerHale team advising DriveWealth was led by Stephanie Evans and Evan Kirsch and included William Caporizzo, Ciara Baker, Jason Chipman, David Horn and Alex Bernstein.