Sidekick, a wealth platform built for professionals whose finances are becoming more complex as their incomes and assets grow, has raised £7.8m in Series A funding. The funding will be used to scale its investing products and make sophisticated investment tools more accessible outside traditional private banking.

The round is led by Eos Ventures and the Development Bank of Wales, with participation from Koro Capital and existing investors Seedcamp, MS&AD Ventures, TheVentureCity, PactVC, Blackwood, 1818 Venture Capital and Semantic Ventures.

Sidekick was founded in 2022 to modernise wealth management for professionals whose financial needs have outgrown entry-level investing apps.

Unlike most digital wealth platforms, which focus on entry-level investing or simple portfolios, Sidekick is built for people whose finances have become more complex. The platform brings together long-term investing, personalised portfolios, private markets and Lombard lending – a form of borrowing against an investment portfolio that allows customers to access liquidity without selling assets. This type of lending has traditionally only been available through private banks in the UK.