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Announced

26 Nov 2024

Completed

26 Nov 2024

Cathay Innovation led $28m in Series B round in Range.

Synopsis

Cathay Innovation, a firm specializing in global venture capital investments, led $28m in Series B round in Range, a company focused on AI-powered financial advisory. “Our vision is to reimagine financial planning by combining great people with powerful AI,” Jake Matthews, Range Co-Founder and CEO.

Principals

target

RANGE

bidder

Cathay Innovation

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Market Context

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Seller Team (4)

jake matthews

CEO & Co-Founder at RANGE

Manager

target

Deal

£ 22 M

Total Value

david zielinski

CTO & Co-Founder at RANGE

Manager

target

Deal

£ 22 M

Total Value

fahad hassan

Co-Founder at RANGE

Manager

target

Deal

£ 22 M

Total Value

david cusatis

Co-Founder at RANGE

Manager

target

Deal

£ 22 M

Total Value

Bidder Team (2)

raj ganguly

Co-Founder and Partner at CATHAY INNOVATION

Investor

bidder

Deals

£ 3.53 B

Total Value

simon wu

Partner at CATHAY INNOVATION

Investor

bidder

Deal

£ 22 M

Total Value

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