Paris-based RockFi, a fintech company focused on private wealth management, has raised €18M in a Series A funding round led by Partech.
As a part of the funding round, Philippe Collombel, co-founder and General Partner at Partech is joining the RockFi board of directors.
“We are delighted to support RockFi in this new phase of its growth. Its model – combining a technological platform with human expertise – addresses a strong demand in the wealth management sector. The traction gained in just a few months shows RockFi’s potential to become a key player in an industry that is about to transform,” says Phillipe Collombel, co-founder and General Partner of Partech
Existing investors, including Varsity, and several business angels, including Arthur Waller and Félix Blossier, both co-founders of Pennylane, also participated.
This funding round comes around a year after raising €3M led by Varsity I.
Fund utilisation
The company plans to use the funds to support its growth and aims to achieve €1B in assets under management by the end of 2026.
In March, the company launched a new app that gives clients real-time reports of their financial portfolios.
At present, the company has a team of 12 engineers, which it plans to double this year.
Over the next 12 months, RockFi plans to recruit 50 additional private bankers and open one new office per month, starting with Nice, Cannes, Toulouse, Rennes, and Strasbourg.
The company also offers life insurance solutions from France and Luxembourg to help high-net-worth clients with tax and estate planning.
Additionally, RockFi provides a wealth engineering service that includes personalized help with tax declarations, offering clients a unique and complete approach.
RockFi: Transforming wealth management
RockFi was founded in 2023 by Pierre Marin, Marie Bedu, and Maxime Durand, in association with former private banking directors including Stéphane Carles (ex-director of SG Private Banking) and Vincent Pagny (ex-director of HSBC Gestion Privée).
RockFi is transforming private wealth management by leveraging a network of private bankers and wealth managers and the technological development of its back- and middle office.
By combining expert advice with smart technology, RockFi offers over 3,000 effective and easy-to-use investment solutions.
These solutions are created in partnership with well-known financial firms like BlackRock, Morgan Stanley, and Generali, aiming to serve 6.2 million French households that have more than €250,000 in assets.
RockFi serves a clientele of entrepreneurs, senior executives, top athletes, and artists seeking high-performance, responsive wealth management tailored to modern needs.
These investors favour a tailor-made approach where human expertise is combined with a reimagined digital experience for greater simplicity and transparency.
RockFi distinguishes itself through its family office approach, providing each client with a dedicated private advisor capable of building a comprehensive investment strategy encompassing financial investments, taxation, and estate planning.
Less than a year after launching its commercial offering, RockFi has already attracted 500 clients, driving monthly business growth of over 25%.
At the same time, its workforce has expanded rapidly, reaching 50 employees, including 25 private bankers, distributed across six offices in France (Paris, Lille, Bordeaux, Lyon, Annecy, and Toulon).
Registered with ORIAS as an insurance broker and financial investment advisor, RockFi operates under the supervision of the Prudential Control Authority and Resolution (ACPR) and the Financial Markets Authority (AMF). The firm is also a member of Anacofi.
“We want to breathe new life into private wealth management, to the careers of those who shape it and the assets of their clients. This financing will enable us to scale up to serve our customers even better, in France and – eventually – across Europe, with the ambition of rapidly establishing ourselves among the leaders of next-generation wealth management”, says Pierre Marin, co-founder and CEO of RockFi.
