Conquest Planning Inc. announced Feb. 19 that it has raised $3-million in seed funding from Portag3 Ventures and the FinTech Strategic Investments group at Eight Roads.
Conquest offers its customers a financial planning software solution that uses artificial intelligence. The company, founded in 2018, aims to simplify the financial planning process and make it more approachable for all consumers, says the company
"The ethos of Conquest Planning is to get more people into financial plans. With a long history in the financial planning technology space, our founding team was able to leverage our experience to re-imagine a more engaging and efficient financial planning process for advisors and customers. This industry is ripe for change and we are fortunate to be initiating this journey with such great partners in Portag3 Ventures and Eight Roads," said Dr. Mark Evans, President & CEO of Conquest.
As part of the funding round, Stephanie Choo, Partner at Portag3 Ventures and Michael Sim from the FinTech Strategic Investments team at Eight Roads will join the board of Conquest.
"We have been looking for a team with a solid plan to truly modernize the financial planning space. We believe we have found that in Conquest. Mark and his team's mission to make financial planning more accessible is the innovative change this industry —and consumers – desperately need," said Adam Felesky, CEO of Portag3 Ventures.
Conquest says it is continuing to scale its team with an imminent release to market planned for later this year.