The Series A round was led by Eos Ventures and the Development Bank of Wales to scale investment products and expand operations.
"A lot of hardworking professionals look like they’re doing well on paper, but still feel unsure whether they’re actually making the most of their money. They’ve outgrown entry-level investing tools, yet traditional wealth management often feels overcomplicated and expensive for what it delivers. Sidekick is designed to remove unnecessary complexity and give people access to investment tools that have traditionally sat inside private banking. This funding allows us to scale that approach, expand our investment offering and reach more people who want transparency rather than complexity."
The financing round was co-led by Pact VC and TheVentureCity, with debt backing from Columbia Lake Partners.
"We’re looking to address the growing inequity of wealth creation and let the money of hard-working entrepreneurs and professionals work harder. With over a million people in our target demographic in the UK seeking support for their financial goals, the demand for innovative wealth management solutions tailored to their unique needs is undeniable. Sidekick exists to ensure that it’s not just the ultra-wealthy that have access to the tools and products needed to secure long-term financial prosperity."
The funding round was backed by Tioga Capital, Semantic Ventures, Cherry Ventures, and other institutional and angel investors.
"With X10, we want to give our users and traders the best of both worlds. Imagine the features and the speed of Coinbase or Binance but with full self-custody. The FTX situation, where users only got back a third of their funds, serves as a wake-up call for the industry. It urges us to reinforce trust and efficiency in crypto trading through on-chain trade settlement, validation, and self-custody"
The seed round was co-led by Semantic and Fabric Ventures with participation from multiple institutional backers and angel investors.
"We believe that most future payments will occur on-chain. In fact, spreads for USD/EUR stablecoin pairs on DEXs are already more attractive than USD/EUR fiat pairs on traditional FX platforms today,"
The round was led by Octopus Ventures with participation from Seedcamp and Semantic to support app development and regulatory approval.
"Most retail investors have two options to build wealth: settle for passive portfolios or try to time the market and pick stocks and crypto themselves without access to the training, tools and information needed to do this effectively. This funding will allow us to build a modern app-based investment service that gives customers the same professional expertise that only high-net-worth individuals are used to. We’ve already got a stellar team in place, and we’re now excited to be working towards regulatory approval to launch over the coming months."
