Quorus Raises $1.5 Million Pre-Seed Funding

We are excited to announce that Quorus, a company dedicated to modernizing personalized investing, has raised $1.5 million in pre-seed funding.

We are thankful to partner with an incredible group of investors and operators, led by New Stack Ventures alongside Michael Elnick (Co-founder of Tegus) and Sean Hanlon (President of Hanlon Investment Management).

We will use the funding to expand our streamlined platform for creating and managing personalized investment accounts.

Individual, personalized investment accounts are replacing mutual Funds and ETFs

Personalized investment accounts are growing in popularity and are projected to be the fastest-growing investment product over the next five years. Unlike traditional mutual funds and ETFs, personalized accounts can offer investors better tax outcomes through tax-loss harvesting and the ability to align investments with their values, such as ESG criteria. Zero commission equity trades and fractional share stock ownership have removed the historical barriers to using this approach (cost and account size).

Asset management and financial advisory firms are not equipped to offer personalized investment management at scale. Unlike pooled investments like mutual funds and ETFs, personalized investing requires providers to manage individual accounts for each investor. As a result, firms that currently manage a few hundred accounts will need to support hundreds of thousands of individual investment accounts.

‍Introducing Quorus

Quorus offers a comprehensive, personalized investing solution for asset managers and financial advisors. Combining institutional-grade portfolio management practices and purpose-built technology, this turn-key solution enables asset managers to offer their investment strategies in a customizable format without the need to develop the technology or license it from a competitor. For financial advisors, Quorus simplifies the process of offering clients a highly personalized investment experience and eliminates the complexity of managing personalized accounts in-house.

With this funding, Quorus will expand our asset manager partnership network, increasing the selection of strategies on the Quorus platform. Additionally, Quorus will add functionality to the financial advisor portal and expand supported custodial platforms.

At Quorus, we are dedicated to partnering with asset managers and financial advisors to make their transition to personalized investing seamless and successful. We are investing heavily in our platform and are excited to drive innovation in the industry.

‍Get in touch

If you are an asset manager or financial advisor interested in Quorus or curious about how personalized investing can fit into your business, please reach out to us at www.quorus.io or through our LinkedIn page.

Disclosures

All investing is subject to risk, including possible loss of principal.

Quorus Inc. ("Quorus," "we," or "our") is an investment adviser registered with the Securities and Exchange Commission ("SEC"). Registration does not imply a certain level of skill or training.

The material presented is for informational purposes only and should not be construed as investment advice. It is not a recommendation of, or an offer to sell or solicitation of an offer to buy, any particular security, strategy, or investment product. Investing in securities involves risks, including the potential loss of money, and past performance does not guarantee future results. Historical returns, expected returns, and probability projections are provided for informational and illustrative purposes and may not reflect actual future performance. Nothing in these materials should be construed as personalized investment advice, which can only be provided in one-on-one communications.

Tax-loss harvesting and tax-aware management seek to improve after-tax outcomes but do not guarantee any tax result, and their effect depends on a client's individual circumstances, including tax rates, holding periods, and other activity in the client's accounts. Quorus does not provide tax or legal advice. Clients should consult their own tax and legal advisers.

Certain information contained herein has been obtained from third-party sources. While taken from sources believed to be reliable, Quorus has not independently verified such information and makes no representations about its accuracy or its appropriateness for a given situation. Hyperlinks to third-party content are provided for convenience and are not an endorsement of that content.

Statements about Quorus's business, funding, and plans speak only as of the date published and are subject to change without notice. Nothing herein is an offer to sell or a solicitation of an offer to buy any security of Quorus Inc.

A copy of Quorus's current Form ADV Parts 2A and 2B, which contain important information about our advisory services, fees, and disciplinary history, is available upon request.