First-of-its-kind business owner engagement platform for advisors debuts with investor backing, strong user adoption and key integrations

PHILADELPHIA: #BusinessOwners--RISR, the first comprehensive business owner engagement platform for financial advisors, today announced the successful closure of a $1.5 million capital raise. This seed round, which saw participation from financial services industry titans including Kane Brenan, Angelo Grecco, Kevin Lucey, Scott Hildenbrand, Frank Coates and David Henkin, will primarily fund strategic hires, service enhancements and platform development.

Built to deepen relationships between advisors and their business owner clients, RISR unlocks the data and insights required to enable more personalized engagement. Business owners face critical decisions that directly inform succession planning, capital structure, estate planning, tax planning, investments, insurance and more. As private business data is notoriously disorganized and difficult to analyze, advisors lack the tools needed to help their clients optimize and protect their most valuable asset. To fill this gap, RISR seamlessly aggregates and analyzes key financial and business data to provide personalized insights that launch advisors into more meaningful conversations.

“We believe deeply in the work that advisors do, which often blends tactics with the art of understanding a business owner’s hopes, dreams and desires,” said Jason Early, founder and chief executive officer of RISR. “At RISR, we are hyper-focused on helping advisors better serve business owners. Sixty-five percent of them don’t have an advisor, and that doesn’t sit right with us. We designed our platform to change that.”

RISR has already begun assembling an elite team of industry experts. Early customers have benefited from the talent accrued, including Chief Operating Officer Cory Siegfried, formerly of eMoney, Apprise Labs and Envestnet. Buoyed by its growing team, the company is focused on expanding its data capture and insights generation capabilities by leveraging key integrations, artificial intelligence and deep industry expertise.

Today, the platform is fully integrated with QuickBooks and is capable of reading and extracting data from tax returns, enabling advisors to effortlessly access financial data. In addition, RISR’s partnership with Insurex expands its offerings in the insurance sector.

"RISR has assembled an exceptional team to address a pressing need,” said Kevin Lucey, a key RISR investor and advisory board member who previously served as managing director and chief operating officer at Hamilton Lane. “Amid a significant decline in the number of publicly listed companies, attention has been shifting to the private market, and the owners of those companies desperately need sound advice. Jason and team are equipping advisors with unmatched technology that addresses this need head on. I am confident in RISR’s ability to drive meaningful change, unlocking critical insights for business owners and the advisors who serve them.”

RISR is focused on empowering the business owner’s most trusted advisor, delivering a must-have solution to guide important conversations and support both parties’ growth. The firm’s capital raise, key hires and product launch serve as catalysts for providing advisors with a clearer picture of these key clients’ needs. Financial professionals interested in booking a demo can visit here.

About RISR

Founded in 2024 and backed by financial industry veterans, RISR is a first-of-its-kind engagement platform designed to empower advisors and the business owners they serve. By providing deep insights into valuation, growth opportunities, risk assessment, and more, RISR helps advisors deliver more impactful advice. Its platform supports succession and exit planning, estate and legacy planning, retirement planning, insurance coverage, tax planning, and capital and liquidity planning. RISR is committed to unlocking growth for advisors and ensuring the success of small business owners who form the backbone of the U.S. economy. For more information, please follow RISR on LinkedIn or visit risr.com.

Fonte: Business Wire