Halo eyes protective investment market disruption with strong Series C

October 13, 2021

Protective investment firm Halo Investing claims it has raised over $100m in Series C funding to simplify investor access to investments.

The round was led Owl Capital and saw participation from the Abu Dhabi Catalyst Partners, Allianz Life Ventures and William Blair. Halo has raised $120m in capital to date.

Founded in 2015, Halo claims it is enables financial advisors to add structured notes, annuities, and buffered ETFs to client portfolios, giving investors simplified access and transparency to investments that bridge the risk gap between stocks and bonds.

The company said these investments were only available to high-net-worth individuals in the past.

According to Halo, it will use the newly raised proceeds to continue to ‘expand, disrupt and democratise’ access to innovative protective investment options that can boost savings and investment returns for individuals. The company said it plans to invest in new markets, distribution channels and new asset classes as well as further disrupt protective investing.

Halo grew by 550% in fiscal 2020, and has so far been able to onboard over 40 global banks and carriers.

Halo co-founder and CEO Biju Kulathakal said, “We are building a one-of-a-kind technology platform to level the playing field for investors. “Individuals are living longer and continue to struggle with saving enough for retirement. Our platform provides easy and transparent access to investment solutions that can help solve this savings crisis. The future of investing is outcome-based. We are proud of the impact we are making in helping individuals secure their financial futures.”

Halo co-founder and president Jason Barsema added, “We are committed to closing the wealth gap by giving individuals access to innovative investments to help them achieve their financial goals. “Halo enables investors to target and achieve a level of certainty in their portfolios with the added benefit of downside investment protection. With the support of our latest funders, we are expanding our global footprint and broadening access to all defined-outcome products. We have a radical new vision to change the way the world invests and have very ambitious goals to support everyday investors and their financial advisors.”