Insight Partners led a $50m Series B funding round in Altruist.

Insight Partners, a venture capital and private equity firm, led a $50m Series B funding round in Altruist, a developer of a digital investment platform designed to help financial advisors serve their clients. Other investors include Venrock and Vanguard. "Just like any financial advisor, Altruist wants to help people feel great about their money. At the same time, we want to help our industry innovate beyond the antiquated and expensive legacy tools that impede financial advisors and their clients. There are millions of people who want real, quality financial help, and there are thousands of advisors who want to serve a diverse community of investors. Altruist is here to bridge that gap," Jason Wenk, Altruist Founder and CEO.