Pontera

Active Management Solution for Held Away Accounts

Fintech & Insurtech
Private
Follow

Company Overview

Snapshot

Founded in June 2012 by Uri Levine, Yoav Zurel, and David Weisz, Pontera operates with 201–500 employees. The company has raised a total of $171.8 million across 7 funding rounds from 9 investors. In December 2023, Pontera secured a funding round led by ICONIQ Growth.

Business overview

Pontera is a Fintech & Insurtech company that provides technology enabling financial advisors to manage held-away accounts for their clients as part of a holistic portfolio. Its core product is a Held Away Order Management System, designed to allow advisors to work with clients on personalized financial plans without taking custody of the accounts. Pontera serves a diverse range of advisory practices, from individual firms to large financial institutions, operating in the United States and Israel.

Strategic signal

In December 2023, Pontera raised $60 million, signaling strong investor confidence in its active management solution for held-away accounts. This capital infusion is expected to support further hiring in Israel, indicating a strategic focus on expanding its operational and technological capabilities to meet growing market demand for its fintech solutions.

Log in to access full profile

Company Intelligence Q&A

What was Pontera's most recent funding activity?
In December 2023, Pontera raised $60 million in a funding round led by ICONIQ Growth, with participation from.
When did Pontera change its name from FeeX?
Pontera changed its name from FeeX in February 2022, coinciding with a funding round that raised $45 million.
Who are the founders of Pontera?
Pontera was co-founded by Uri Levine, Yoav Zurel, and David Weisz.
What is Pontera's primary focus in the financial industry?
Pontera focuses on providing technology that allows financial advisors to manage held-away accounts for their clients, integrating them into overall portfolio management without requiring custody of the accounts.
What was a significant product launch by FeeX (now Pontera) in 2017?
In July 2017, FeeX launched a new product designed to help financial advisors comply with the Department of Labor's fiduciary rule concerning 401(k) rollovers and IRA transfers.
Log in to access full profile