Morgan Stanley announced that Revere, an AI-powered platform for managing alternative asset portfolios, has joined its 10th cohort in the Inclusive Ventures Lab accelerator. As part of Morgan Stanley’s Corporate Venture initiative, Revere will gain access to:
$250,000 investment to accelerate development and scale its AI technology.
Mentorship from wealth management and corporate venture experts to enhance platform capabilities and drive innovation.
Industry connections through Morgan Stanley’s network of investors and partners.
This Corporate Venture backing highlights Morgan Stanley's commitment to fostering innovation in the wealthtech space. It will enable Revere to continue enhancing its AI-driven portfolio management tools, automating workflows, and improving transparency in alternative asset management. Morgan Stanley gets an innovation partner that could help solve internal pain points as well as those of the industry. Revere will present at Demo Day in February 2025 to attract further investment.
View the full cohort here: https://www.morganstanley.com/ideas/morgan-stanley-inclusive-ventures-lab-2024-cohort
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