Earlier this year, local financial tech firm WealthForge announced it had surpassed the half-billion-dollar mark for capital investments processed for customers – a feat accomplished over the course of 300 deals and as the company nears its 10th year in business.
Founded in 2009 as a social network-investment banking hybrid in the crowdfunding realm, WealthForge pivoted in 2014 to become a broker-dealer, connecting entrepreneurs and investors for capital raises.
The shift helped land it as the fastest-growing company in the Richmond area in 2016, even as one of its co-founders was on his way out. Nearly 10 years in, the company is still climbing toward profitability for its investors, which include local venture capital firm NRV. Read more at RichmondBizSense.com