Masttro, a leading wealth technology company based in New York, New York, announced a $43 million growth equity investment. FTV Capital, a sector-focused growth equity investor and enterprise technology, led the funding. Citi Ventures also took part. The minority investment will fuel Masttro's market expansion and R&D for its innovative software platform, which includes wealth data aggregation, synthesis, and visualization using artificial intelligence.

Masttro was founded in 2010 by CEO Padman Perumal to provide a complete picture of total net worth by providing a software suite that uses data and artificial intelligence to implement the most robust framework for wealth data extraction, processing, and analysis. It accepts all structured and unstructured data, including illiquid and liquid investments, liabilities, and passion assets in every currency and region.

Masttro's business has tripled in the last few years, and it now serves hundreds of clients ranging from independent family offices to multinational corporations. The company, headquartered in New York and with offices in Zurich, Monterrey, Mexico City, and Santiago, serves a global clientele with local resources.