News

Lightspeed Venture Partners and SoftBank Ventures Invest in Endowus’ $17M Series A Financing

April 1, 2021Client News

Gunderson Dettmer represented clients Lightspeed Venture Partners and SoftBank Ventures in the $17 million Series A financing of Endowus, a digital wealth advisor based in Singapore.

In the announcement of the transaction, Partner at Lightspeed Venture Partners Harsha Kumar said, “Their [Endowus] innovative business model, ambition and commitment to a higher standard of fiduciary duty speaks of a team that is at the cutting edge of the FinTech space. We are honoured to be leading the Series A round and to play an important role in accelerating Endowus’ future growth journey.”

The Gunderson deal team was led by Jonathan Pentzien and included Jolyn Ang and Soo Guo Kai.

Companies:
Lightspeed Venture Partners
Softbank Ventures Asia
Endowus