Halo Investing (“Halo”) announced today that it has raised over US$ 100 million in Series C funding. The latest fundraising round was led by Owl Capital and included the Mubadala-backed US$ 1 billion fund managed by Abu Dhabi Catalyst Partners, in addition to existing investors Allianz Life Ventures and William Blair. Halo, which has raised US$ 120 million to date, will use the proceeds to continue to expand, disrupt, and democratize access to innovative protective investment options that can increase savings and investment returns for individuals.
“We are building a one-of-a-kind technology platform to level the playing field for investors,” said Biju Kulathakal, Co-Founder & CEO of Halo. “Individuals are living longer and continue to struggle with saving enough for retirement. Our platform provides easy and transparent access to investment solutions that can help solve this savings crisis. The future of investing is outcome-based. We are proud of the impact we are making in helping individuals secure their financial futures.”
Halo plans to invest in new markets, enter into more distribution channels, expand into new asset classes, and further disrupt protective investing. Through its award-winning technology, Halo is lowering investment minimums, increasing access, and making protective investing more efficient, scalable, and transparent for all.
