Turnkey Digital Asset Platform Onramp Invest Raises $7M in Series A

Onramp Invest, a turnkey digital asset platform for financial professionals, has completed its Series A funding round with a total of $7 million raised from lead investors JAM FINTOP and EJF Capital LLC (EJF), which participated through its affiliate, the EJF Silvergate Ventures Fund.

Onramp Invest aims to break down barriers to digital asset investment and help financial professionals smartly and safely provide crypto investment services to their clients.

"With this funding, we will be able to accelerate our innovation velocity and expand marketing and communications to financial professionals so they can take full advantage of Onramp Invest today. Custom models and separately managed accounts will be great first steps in that innovation," stated Eric Ervin, CEO of Onramp Invest. "In addition to their investment, JAM FINTOP and EJF provide significant operating experience and industry guidance to help ensure Onramp Invest is ideally positioned for the next phase of digital asset growth."

Chris Haley, General Partner at JAM FINTOP, has joined the Board of Directors at Onramp Invest. He is a seasoned advisor and operating executive in the high-growth technology and business services sectors. Notable to the RIA space, Haley spent several years as the Chief Financial Officer of Black Diamond Wealth Platform and will be applying his strong strategic and financial skills to the Board.

"Our investment in Onramp Invest reflects our view that digital assets are poised to grow exponentially over the next decade. Regulated financial institutions need compliant solutions that integrate with existing systems and satisfy evolving customer preferences in this space, and we believe Onramp Invest is ideally positioned to be such a solution," said Haley.