NaroIQ Analysis: $7M Raised
What is NaroIQ?
NaroIQ specializes in providing innovative fund infrastructure that allows businesses to create their own white-label funds, including ETFs and Money Market Funds. Their technology-first approach addresses the growing need for cost-efficient solutions in a rapidly changing fund market. By enabling clients to issue and manage funds seamlessly, NaroIQ transforms the way asset management operates.
Employees
11-50
Founded
2022
Industry
SaaS, FinTech
Product Features & Capabilities
- White-label fund infrastructure for ETFs and Money Market Funds
- Index engine for creating custom indices
- Modular plug-in for existing asset management infrastructure
- Digital solutions for fund management
- Additional ETF services including iNAV creation.
Use Cases
Launch custom ETFs and funds quickly; Create and manage proprietary indices digitally; Transition mutual funds to ETFs efficiently; Automate fund management processes; Enhance asset management capabilities with technology.
How much NaroIQ raised
Seed - $6.5 million
June 18, 2025Lead Investor: Magnetic Capital, Redstone, General Catalyst, 14Peaks Capital, Angel Invest, Discovery Ventures
Other Considerations
Raised $6.5M in seed funding from notable VC investors; Focused on bridging the gap in the evolving fund market; Experienced leadership team with extensive industry backgrounds.
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