Sower Ventures Update: Smartdata
– Powering the Future of Advisor Onboarding
As part of our ongoing effort to spotlight key investments across our platform, this quarter we’re featuring Smartdata Wealth, a high-growth fintech company backed by Sower Ventures and based in Omaha, Nebraska.
Smartdata is modernizing how financial advisors onboard and convert prospects by eliminating outdated, manual workflows. Their platform enables wealth managers to instantly capture investment portfolio and tax data from prospective clients—dramatically accelerating the lead-to-client process.
In 2024, Smartdata closed a $5 million Series A financing round, led by one of the largest Registered Investment Advisor (RIA) firms in the U.S.—a strategic partner who is now both an investor and a customer. Sower Ventures participated in the Series A round and maintains board representation, reinforcing our long-term commitment to Smartdata’s success and future growth.
Solving an Industry-Wide Challenge
Until now, the wealth advisory industry has relied on slow and fragmented onboarding processes. Smartdata solves this problem with a suite of secure, easy-to-use tools that empower advisors to spend less time on data collection—and more time building client relationships.
Key Products:
- SmartPortfolio – Clients link brokerage accounts securely in seconds
- SmartTax – Advisors retrieve verified IRS transcripts instantly
- CRM Integrations – Current compatibility with Wealthbox and Redtail, with Salesforce coming soon
These tools integrate seamlessly into an advisor’s workflow, offering a faster, more efficient, and client-friendly onboarding experience.
Strategic Growth Backed by Capital and Insight
With the Series A funding secured, Smartdata is well-positioned to scale nationally. The capital injection and alignment with a top-tier RIA provide a powerful foundation for growth, product development, and expanded market adoption.
As advisors seek more secure and streamlined ways to engage clients, Smartdata is emerging as a trusted partner in the digital transformation of wealth management.
To learn more, visit smartdatawealth.com.
