Centricity raises $20M in seed funding led by Lightspeed; valued at $125M

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Centricity raises $20M in seed funding led by Lightspeed; valued at $125M - YourStory

Quick Summary:

Centricity plans to double its tech development team from 75 to over 150 specialists, focusing on innovations like Generative AI-led modules, insuretech, and broking tech platforms.

In a press statement, the Gurugram startup said it will use the fresh capital to scale its two platforms—Invictus and One Digital—with technology and talent, expand private banking services, and pursue strategic acquisitions.

The second, Invictus, simplifies the investment management process for Single Family Offices (SFOs) by offering comprehensive insights, investment mandates, multi-product selection, net worth reporting, and performance tracking.