Link Ventures Investment Enables Datalign to Scale AI Offerings for Wealth Management
CAMBRIDGE, Mass., Feb. 11, 2025 — Datalign Advisory (“Datalign”), an AI platform matching consumers with leading financial advisors, today announced Link Ventures invested $5 million in Datalign, bringing their total investment in Datalign to $9 million on a post-money valuation of $75 million. The capital enables Datalign to further accelerate the development of innovative AI and ML capabilities that promise to transform how financial advisors serve their clients. The investment follows a year of exceptional 300% growth, with Datalign referring nearly $40 billion in assets to Registered Investment Advisor (“RIA”) firms at the end of 2024, compared to $14.8 billion at the end of 2023.
“Organic growth has always been a fundamental challenge in wealth management. As we approach an $80 trillion wealth transfer, Datalign has cracked the code on scalable growth for RIAs,” said John Wernz, former Chief Growth and Marketing Officer at Wealth Enhancement Group and Executive Director at Datalign. “Their ability to deliver high-quality client relationships at scale is exactly what the industry needs right now.”
Link Ventures’ investment in Datalign marks a significant milestone in both companies’ trajectories. Link Ventures has consistently demonstrated an ability to identify and scale category-defining, transformative companies, as evidenced by early investments in CarGurus, EverQuote and DataSage (acquired by Vignette). Link Ventures has emerged as a leading force in AI investing, with its investments in Mercor and Liquid AI becoming two of their respective industry’s top five AI unicorns in the past year. Link sees similar unicorn potential in Datalign’s approach to reimagining the wealth management space and rapid path to profitability.
“In my experience investing in AI companies, I’ve rarely seen the combination of innovative technology and massive market opportunity that Datalign presents,” said Dave Blundin, co-founder and Managing Partner at Link Ventures. “Not only have they assembled an exceptional team of talent from MIT and tech giants like Amazon, Meta, Google and Microsoft, but they stand out as the fastest-growing company in Link Venture’s portfolio history. We see incredible potential for Datalign to become a unicorn in fintech.”
Capitalizing on Link Ventures’ deep expertise in building market-defining companies, Datalign aims to aggressively scale its team of AI experts and has plans to release several AI-focused products in 2025 as the company continues to invest in industry-changing technology that redefines how people receive financial services. The company has already launched a number of AI Initiatives in the last six months, including:
- AI Lead Performance Monitoring analyzes historic performance and behavioral data to predict a prospect’s suitability and likelihood of conversion before an RIA receives the match, ensuring higher-quality connections for both prospects and RIAs.
- The Datalign Knowledge Graph (Graph). By leveraging AI and Machine Learning (ML) predictive models, Graph helps determine the best RIA-prospect fit during the matching process, ultimately streamlining the onboarding experience and improving outcomes for both consumers and advisors by aggregating over a decade of behavioral, financial, and demographic data across hundreds of variables for more than 200 million Americans. This powerful tool tracks key life events and factors to generate accurate predictions about both current and future financial needs.
- Geographic Expansion Optimization (GEOs), is an AI-powered targeting tool analyzing market data to identify new geographic markets where an RIA’s services and advisors can offer value to meet existing consumer demand. Datalign’s Enterprise partners using the tool have already seen a month- over-month lead volume increase of 35% and their total AUM referred has grown by a compound monthly rate of 15% since leveraging GEOs recommendations.
“With Link Ventures’ partnership, we’re strategically positioned to execute our vision of leading the wealth management industry’s AI revolution,” said Satayan Mahajan, CEO of Datalign. “Link is the perfect partner for Datalign’s next stage of evolution because of their team’s successful history in investing in disruptive and transformative technology, and we’re excited for what the future holds.”
Since its launch in 2022, Datalign has retained near 100% of its customers, experiencing 18% average month-over-month growth across its platform.
For more information, go to https://www.datalignadvisory.com/.
About Datalign Advisory
Datalign Advisory is dedicated to redesigning and simplifying the journey to find financial advice by connecting consumers and vetted financial advisory firms on its proprietary platform. Focused on quality over quantity, Datalign’s AI-enhanced platform is designed to create more meaningful connections and financial outcomes. Leveraging data and AI-powered analytics, Datalign’s three-sided marketplace enables a streamlined, efficient, and improved experience for both consumers and advisory firms by aligning their unique needs to create one-to-one matches. Based in Cambridge, Massachusetts, Datalign was founded in 2022 and is backed by Link Ventures.
MEDIA CONTACT: [email protected]
About Link Ventures
Link Ventures is a venture capital firm investing in early-stage technology startups that leverage data science and artificial intelligence to disrupt existing markets and help solve challenging problems for enterprises and consumers. Markets include financial services, digital healthcare, ecommerce, payments, media and cybersecurity. Link’s team has deep sector expertise, having co-founded leading enterprise and consumer internet companies and led numerous transactions and successful investments in internet services businesses for over 20 years. For more information, please visit the Link Ventures website or LinkedIn.
SOURCE Datalign Advisory
