Tilt, an AI-powered direct indexing platform, secured $7.1 million in Seed funding. Portage and Lerer Hippeau led the round, with participation from Golden Ventures, Real Ventures, Cumberland Investments, and FJ Labs.
Tilt's AI direct indexing platform aims to commoditize direct indexing, transforming wealth management. It enables advisors, TAMPs, and RIAs to deliver scalable, zero-minimum indices. Furthermore, the platform offers real-time tax optimization, starting at 3 basis points.
An AI-driven thematic research process allows users to build indices quickly. Tilt's core technology includes an embedding engine. This engine continuously ingests and scores documents, from SEC filings to social media. Consequently, it surfaces both consensus and emerging themes, differentiating it from traditional offerings like Vanguard Personal Advisor Services.
Funding Fuels Platform Expansion and Innovation
The Seed funding will expand Tilt's engineering and go-to-market teams. It will also further develop the tax optimization engine. Moreover, Tilt plans to scale integrations with fintech platforms, TAMPs, and advisory firms.
The Tilt AI direct indexing platform will officially launch on September 22nd at Portage’s Confluence event. This launch introduces tools for more tailored client experiences.
Direct indexing historically served a select few. Tilt now brings this capability to the broader wealth management ecosystem. Competitors like Wealthfront and Betterment also offer automated investment solutions.
