First Rate Ventures is the corporate venture capital and corporate development arm of First Rate, Inc., established in 2021. The firm invests in early-stage fintech startups, with a focus on WealthTech - technology solutions built for the wealth management industry. Its stated mandate is to accelerate ethical, tech-forward approaches to wealth management.
The investment strategy pairs capital with strategic support, leveraging the parent company's long-running WealthTech platform, which provides technology and services to wealth management firms. Portfolio activity centres on the intersection of fintech and wealth management, where First Rate's operational infrastructure may offer portfolio companies access to established distribution channels and domain expertise.
As a corporate venture arm, First Rate Ventures operates within the broader First Rate brand family, which includes related offerings in wealth management technology. The firm has not publicly disclosed check sizes, fund size, or team composition.
