London-based Fuel Ventures has invested £2M in a £4M funding round for Prosper, a high-net-worth wealth management platform. This round also sees contributions from sixty professional sportspeople, including prominent athletes like Ben Stokes and Dame Jess Ennis-Hill. Prosper aims to leverage this investment to expand its customer base, enhance its AI offerings, and launch a private market investment service. The company, co-founded by Nick Perrett, provides wealth management services with an emphasis on transparency and low fees, having previously garnered support from notable investors, including Andreessen Horowitz and founders of leading financial institutions.
We are thrilled to close our latest investment round and have the likes of Fuel Ventures join us on this journey to reshape wealth management.
With this investment, we're excited to expand our AI-driven solutions to serve even more clients and deliver exceptional value.
Prosper is a high-net-worth wealth management platform designed to maximise people's long-term wealth by leveraging AI.
The funding announcement follows Prosper's initial angel round, which saw support from an impressive roster of investors, including founders of Monzo, Capital One, and Andreessen Horowitz.
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