Valar Ventures Leads $30M Series B Financing of Syfe
Gunderson Dettmer represented client Valar Ventures as it led the $30 million Series B financing of Syfe, a Singapore-based robo-advisor into which it led the Series A financing last year.
In a press statement, founding partner of Valar Ventures Andrew McCormack said, “Syfe was our first investment in Asia and we’ve been impressed by its rapid, sustained growth over the past couple of years. The opportunity for the company to meet the saving and investment needs of a burgeoning mass-affluent consumer population in Asia remains significant, and we are confident that Syfe will continue to expand at pace.”
The Gunderson deal team was led by Nick Harley and included Jolyn Ang and Ethan McMahon.