Berlin-based WealthTech startup NAO has raised €3.4 million in a seed funding round led by private investors, family offices, and existing backers, including FinTech veteran Jakob Schreyer and VC Zeitgeist X Ventures.
Opening Alternative Investments to Everyone
Launched in mid-2023, NAO aims to make alternative investments—like private equity, infrastructure, and hedge funds—accessible to retail investors. Traditionally reserved for institutions and high-net-worth individuals, these asset classes are now within reach through NAO’s app-based co-investment platform.
The platform has already partnered with leading banks and asset managers, including Baader Bank, UniCredit, and UBS, and recently expanded its services to Austria. Boasting “several thousand” customers who invest an average of €10,000, NAO is establishing itself as a trailblazer in alternative investment accessibility.
Investor Support for Growth and Expansion
NAO’s CEO and founder, Robin Binder, says:
“Everyone should be able to invest in alternative asset classes like private equity as easily as they do in stocks or ETFs. That’s why we’ve created the first broker for private and alternative investments. The trust of our investors is helping us realize our vision.”
The funding will be used to:
- Attract top-tier asset managers as partners.
- Expand NAO’s customer base internationally.
- Leverage its technology to bring liquidity to traditionally illiquid markets.
Award-Winning Innovation
NAO’s innovation hasn’t gone unnoticed, as the startup recently won the FinTech Germany Award. This recognition highlights its role in redefining how investors approach alternative asset classes, aligning with the growing demand for diversified investment opportunities.
With this latest funding, NAO is poised to expand its international footprint and continue its mission to democratize access to alternative investments.