The Singapore based provider of Canopy (a wealth data aggregation and visualization product) will use the amount to further invest in people and technology.
Specific terms of the investment (and the identity of the investor) were not disclosed. Mesitis last raised a $3m Series A in June 2015
In addition to the funding, Mesitis has also announced that Chandrima Das – former Managing Director and Head of Managed Products Sales at Bank of Singapore – will run its technology-led investment and wealth advisory business. The company’s subsidiary Mesitis Capital Pte Ltd is a fund management company registered with the Monetary Authority of Singapore.