Taylor Hoffman Secures $1,345,000 In Seed Funding
For Immediate Release
7/21/2021, Richmond VA
Taylor Hoffman, Inc.
Taylor Hoffman is eager to announce that it has secured $1,345,000 in a first round of seed funding to scale its cutting edge fintech app, Avidus. This additional capital will support further technological development and new hires required to launch the app, which will democratize professional investment management nationwide. The firm invites those who are interested to join the waitlist at www.taylorhoffman.com/avidus.
“Avidus will help a broader base of clients build long-term wealth across different life stages. In response to the needs of our clients, we are building a platform that is the future of investing for their children and grandchildren,” said Brandon Taylor, CEO and Chief Investment Officer at Taylor Hoffman.
Seed funding for Avidus continues the firm’s strong momentum, as employee count has grown to 11 people and revenue is up nearly 40% year-over-year. The firm has signed a lease for additional office space on the 21st floor of James Center Two at 1021 East Cary Street to support its long-term growth.
“Our firm takes pride in our culture of community. The James Center embodies the type of environment that resonates with our employees and clients while strengthening our commitment to the City of Richmond,” said Brandon Taylor.
About Taylor Hoffman, Inc.
Taylor Hoffman is an investment-centered organization driven to build the world’s most impactful financial firm. We are purpose-driven to make a material impact through our investment strategies, financial planning, education, and coaching.
Sean Rutherford, CFO