Datalign Advisory, an AI platform matching consumers with leading financial advisors, has officially confirmed the news of receiving $5 million in investment from Link Ventures.
According to certain reports, this brings the latter’s total investment in Datalign to $9 million on a post-money valuation of $75 million. More on that would reveal how the fresh capital infusion makes it possible for Datalign to further accelerate the development of innovative AI and ML capabilities that, on their part, promise to transform how financial advisors serve their clients.
Markedly enough, the investment in question arrives on the back of exceptional 300% growth for Datalign, with the company referring nearly $40 billion in assets to Registered Investment Advisor (“RIA”) firms at the end of 2024, as compared to $14.8 billion at the end of 2023.
Not just Datalign, but the investment also builds upon Link Ventures’ track record as an investor. You see, the company has, time and time again, proven its ability when it comes to identifying and scaling category-defining, transformative companies. This can be better understood once you consider Link Ventures was an early investor in various eventual heavyweights, including CarGurus, EverQuote and DataSage (acquired by Vignette).
The company had also been leading the curve on AI investing, something it is doing by backing companies like Mercor and Liquid AI. For better understanding, both the companies went on to become two of their respective industry’s top five AI unicorns in the past year.
“In my experience investing in AI companies, I’ve rarely seen the combination of innovative technology and massive market opportunity that Datalign presents,” said Dave Blundin, co-founder and Managing Partner at Link Ventures. “Not only have they assembled an exceptional team of talent from MIT and tech giants like Amazon, Meta, Google and Microsoft, but they stand out as the fastest-growing company in Link Venture’s portfolio history. We see incredible potential for Datalign to become a unicorn in fintech.”
Taking a deeper view of the present context, the investment will allow Datalign to aggressively scale its team of AI experts, as well as release several AI-focused products during 2025. In fact, the company has already launched a number of AI initiatives in the last six months.
These initiatives include the one focused on AI lead performance monitoring. Here, the company would analyze historic performance and behavioral data to predict a prospect’s suitability and likelihood of conversion before an RIA receives the match, thus ensuring higher-quality connections for both prospects and RIAs.
Next up, we have the newly-introduced Datalign Knowledge Graph, which leverages AI and Machine Learning (ML) predictive models to determine the best RIA-prospect fit during the matching process. In essence, the graph packs together more than a decade worth of behavioral, financial, and demographic data across hundreds different variables. It also does that for more than 200 million Americans.
Such a comprehensive tool should tread up a long distance to track key life events and factors, all for the purpose of generating accurate predictions about both current and future financial needs.
“With Link Ventures’ partnership, we’re strategically positioned to execute our vision of leading the wealth management industry’s AI revolution,” said Satayan Mahajan, CEO of Datalign. “Link is the perfect partner for Datalign’s next stage of evolution because of their team’s successful history in investing in disruptive and transformative technology, and we’re excited for what the future holds.”
Another detail worth a mention here is rooted in Datalign’s Geographic Expansion Optimization (GEOs) solution, which directly translates to an AI-powered targeting tool. This particular tool is capable of identifying new geographic markets where an RIA’s services and advisors can offer value to meet existing consumer demand.
Datalign’s Enterprise partners using the tool have already seen a month- over-month lead volume increase of 35%.
“Organic growth has always been a fundamental challenge in wealth management. As we approach an $80 trillion wealth transfer, Datalign has cracked the code on scalable growth for RIAs,” said John Wernz, former Chief Growth and Marketing Officer at Wealth Enhancement Group and Executive Director at Datalign. “Their ability to deliver high-quality client relationships at scale is exactly what the industry needs right now.”
