Hedge fund firm Serengeti Asset Management provided $550 million in financing to Secfi, a pre-wealth management platform that helps startup employees navigate financial decisions from offer to IPO.
The funds will help Secfi expand its options financing product and help the business grow to help executives, employees and shareholders preserve and diversify their wealth.
Founded in 2017 by serial entrepreneur Wouter Witvoet, Secfi has raised $7 million in venture capital from lead investors Rucker Park Capital, Social Leverage and Serengeti Asset Management. The company has also brought on Mark Pincus (Zynga), Jake Gibson (Nerdwallet . . .
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