The funding will enable IRALOGIX to expand their rapid growth, speed development of new platform features, increase its sales efforts and continue to drive an annual growth rate of over 100%, as it has done for the past three years.

The financing was led by a group of individual financial technology investors represented by Matt Vettel and Nick Cayer, along with participation from Hybrid Capital, Roan Capital, University Growth Fund, Trog Hawley Capital, Circadian Ventures, Great North Ventures, and Riverfront Ventures.

IRALOGIX is an industry-leading provider of technology-enabled, fully paperless, white label IRA record keeping and technology solutions. The company's proprietary technology solutions enable any financial institution to easily customize their IRA offering and compete effectively in all segments of the IRA market. Through modular technology, institutional clients have the choice to use their internal investment or advisory capabilities or select from key industry leading providers. IRALOGIX complements your market strategy, streamlines your IRA service options, and helps you expand your business across all areas of the industry, profitably.