FolioDynamix provides technology and services to companies in the Wealth Management market including large brokerage firms, RIAs, asset managers and banks. The company's software provides front, middle and back office integration as well the capability to manage Mutual Fund Wrap, Separately Managed Accounts and Unified Managed Accounts in a single offering.
Chris and the Edison team brought significant resources that were critical to our success – the Edison Director Network, strategic guidance, rich talent pool, and several customers who happened to be Edison Limited Partners.
2008 - Edison makes initial investment
2009 - Edison makes follow-on investment
2010 - Edison recruited CFO, Mark Herman, from prior Edison Portfolio company. Also recruited CTO, Mark Davis
2011 - FolioDynamix raises Series B in the amount of $17M from Edison and ABS Capital
2012 - FolioDynamix secures $30M contract.
2014 - Edison fully exits FolioDynamix generating $73.5M in exit proceeds, 6.4X return with 37% IRR on its investment