# froots: Financial services, Vienna, Austria

> froots: Froots is a digital asset management service based in Vienna, Austria, dedicated to providing tailored investment solutions that help individuals...

Source: https://millionrounds.com/startup/froots (Millionrounds; every figure on the page links to its filing or article)

Austria · [Financial services startup](https://millionrounds.com/companies)

# froots

Froots is a digital asset management service based in Vienna, Austria, dedicated to providing tailored investment solutions that help individuals grow and protect their wealth with

Email

Funding reported Last round: Seed

Financial services Vienna, Austria

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Company summary

- **Founded:** 2020 6 years old
- **Team:** 33 11 to 50 people
- **Funding reported:** 6.8M as listed, currency not stated
- **Last round:** Seed Jun 2024

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for froots has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About froots

Froots is a digital asset management service based in Vienna, Austria, dedicated to providing tailored investment solutions that help individuals grow and protect their wealth with

out the need for active management. The company caters to a wide range of clients, from those just starting their wealth-building journey to affluent private clients. Froots focuses on specific areas such as children's savings plans, financial independence for women, and tax-saving strategies for the self-employed. The company operates as an independent multi-asset manager, investing in stocks, bonds, commodities, and liquid alternatives through ETFs and ETCs. Froots employs algorithms to offer personalized portfolio strategies, financial education, and investment guidance, ensuring transparency and flexibility for its clients. Additionally, Froots provides wealth management solutions that include tailored investment strategies and retirement planning, all while ensuring customer deposits are securely held in clients' names at its partner bank, Schelhammer Capital Bank. Founded in 2020, Froots aims to make capital markets and private banking accessible to everyone.

## What company datasets say froots raised

Funding, as reported

Reported in all **6.8M** in the source's currency

Rounds **5**

Last round **Seed**

Last round size **3.2M**

Last round date **Jun 2024**

Investors listed **14**

## The company, in detail

What they build

Known for

management consulting kundenindividuelle asset-allokation aktives management anlageberatung innovative investmentstrategien investment-management maßgeschneiderte anlagestrategien financial consulting transparente kosten langfristige vermögensbildung information technology & services kundenportal financial services kundenfokus in vermögensverwaltung finance transparente gebühren

Built with from their website

Google Tag Manager Amazon CloudFront HREF Lang CloudFlare Viewport Meta Chart.Js Google Play dc.js Element UI webpack

+8 more

Amazon S3 Microsoft Excel CloudFlare CDN Amazon Elastic Load Balancer Bunny Priority Hints React Google Font API

- **Sector:** Financial services
- **Industry code:** NAICS 523940, SIC 6732, 6282
- **Region:** Vienna
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/froots)

## Financial services in Austria

Startups like it

- [**helu.io** Vienna · founded 2020](https://millionrounds.com/startup/helu-io)
- [**thinking payment** Vienna · founded 2021](https://millionrounds.com/startup/thinking-payment)
- [**CASHY** Vienna · founded 2018](https://millionrounds.com/startup/cashy)
- [**Morpher** Vienna · founded 2018](https://millionrounds.com/startup/morpher)
- [**credi2** Vienna · founded 2015](https://millionrounds.com/startup/credi2)
- [**wikifolio Financial Technologies AG** Vienna · founded 2012](https://millionrounds.com/startup/wikifolio-financial-technologies-ag)
- [**CMTA AG** Graz · founded 2017](https://millionrounds.com/startup/cmta-ag)
- [**Valutico** Vienna · founded 2014](https://millionrounds.com/startup/valutico)

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