New York based app developer Starburst Labs has closed a $6.25m round of Series A funding led by Bel45 Capital Partners. Starburst Labs builds web and mobile apps for investors, financial advisors, broker dealers and financial media brands.
The company, which has raised $10.25m in total funding to date, intends to use the capital to accelerate the growth of Wealthbox CRM and hire more staff to further develop its suite of online products in the wealth-tech sector. Led by John Rourke, CEO, and Dan Ferranti, CTO, Starburst Labs creates, designs, develops, and operates a vertically aligned stack of digital products for investing consumers, financial advisors, broker-dealers, and financial media publishers. Its suite of complementary online products in the wealth-tech sector includes InvestorSay, PaperTrade.io, and Wealthbase.