Conquest Planning raises $3 million in seed funding to improve financial planning

Conquest Planning Inc., (“Conquest” or “the Company”) today announced it has raised $3-million in seed funding from  Portag3 Ventures and the FinTech Strategic Investments group at Eight Roads.

Conquest offers its customers a financial planning software solution that uses artificial intelligence to help advisors and consumers easily understand the impact of holistic financial decisions.

Founded in 2018 by experienced, repeat entrepreneurs in the financial planning space from EISI, Inc., Conquest’s ambition is to simplify the financial planning process and make it more approachable for all consumers.  Financial planning software has remained complex, forcing advisors to solve plans through the trial and error of applying financial strategies.

“The ethos of Conquest Planning is to get more people into financial plans. With a long history in the financial planning technology space, our founding team was able to leverage our experience to re-imagine a more engaging and efficient financial planning process for advisors and customers.  This industry is ripe for change and we are fortunate to be initiating this journey with such great partners in Portag3 Ventures and Eight Roads.  I am excited to be back!” said Dr. Mark Evans, President & CEO of Conquest.

As part of the funding round, Stephanie Choo, Partner at Portag3 Ventures and Michael Sim from the FinTech Strategic Investments team at Eight Roads will join the board of Conquest.

“We’ve spent a lot of time looking at the advisor-tech market. We believe the way people interact with their finances is changing, and so will the type of advice and support they seek. In Conquest, we’ve found an experienced team that has designed software that will vastly improve the client-advisor experience, giving many more people access to personalised financial plans,” said Sim.

“We have been looking for a team with a solid plan to truly modernize the financial planning space.  We believe we have found that in Conquest.  Mark and his team’s mission to make financial planning more accessible is the innovative change this industry —and consumers – desperately need,” said Adam Felesky, CEO of Portag3 Ventures.

Conquest continues to scale its team with an imminent release to market planned for later this year.

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SOURCE Conquest Planning