Swiss Wealthtech Startup Light Frame Raises $5.1 Million in Seed Funding

Light Frame, a Switzerland-based wealthtech company developing core technology for private banks and wealth managers, has raised $5.1 million in an oversubscribed seed funding round.

The investment was led by Belgian B2B software investor Fortino Ventures. Other participating investors include Sidekick Partners, Tenity, Chamaeleon and AltaIR Capital, alongside existing backers Rogue Venture Partners, New Stack Ventures and Studio Alpha.

Founded in 2024, Light Frame is developing a modern technology platform designed to help financial institutions replace ageing banking infrastructure and modernise wealth management operations.

Building Modern Infrastructure for Wealth Management

Many private banks and wealth management firms continue to rely on legacy technology systems that can be expensive to maintain and difficult to upgrade.

Light Frame aims to address these challenges through a cloud-native, API-first platform that combines investment operations and portfolio management capabilities.

Its modular architecture allows financial institutions to modernise individual components or adopt the broader technology platform, depending on their requirements.

The company is also incorporating artificial intelligence into its platform to support more efficient operations and modern wealth management services.

Experienced Founding Team Behind the Startup

Light Frame was founded by Schuyler Weiss, Mathieu Clément, Philippe Kernevez and Gregory Bataille.

The founding team's experience includes building and operating financial technology systems, including work connected to Alpian, Switzerland's first digital private bank.

This industry experience helped identify the technology limitations faced by wealth managers and influenced the development of Light Frame's platform.

The company is positioning its experience in private banking operations as a foundation for building infrastructure tailored to the requirements of wealth management institutions.

Investors and Funding Strategy

Fortino Ventures led the $5.1 million seed round, joined by a group of European and international investors.

The participating investors include:

  • Fortino Ventures

  • Sidekick Partners

  • Tenity

  • Chamaeleon

  • AltaIR Capital

  • Rogue Venture Partners

  • New Stack Ventures

  • Studio Alpha

The company plans to use the new capital to accelerate platform development, strengthen implementation and client-delivery capabilities, and expand its commercial operations.

Its initial commercial focus will be on the Europe, Middle East and Africa (EMEA) region.

Growing Demand for Wealthtech Modernisation

Financial institutions are increasingly evaluating modern technology platforms as they look to improve operational efficiency, introduce digital services and support more advanced investment management capabilities.

Cloud-native architecture, API-based integrations and AI-powered tools are becoming important considerations in the modernisation of financial infrastructure.

Light Frame's funding reflects investor interest in specialised financial technology solutions that address the operational requirements of private banks and wealth managers.

As the company expands its platform and client-delivery capabilities, its progress will depend on how effectively it can help financial institutions transition from established legacy systems to modern wealth management infrastructure.