Bloomington-Based Sawtooth Solutions is raising a million dollars of debt options with $350k reported for asset management software.
Sawtooth offers a suite of technology tools for Wealth Managers, Registered Investment Advisors, Broker-Dealers, Bank & Trust Departments:
“Sawtooth is a comprehensive and flexible platform for overseeing the entire wealth management process across all account types, delivered through a Unified Managed Account (UMA) program and managed with our Best-of-Breed Salesforce.com CRM integration.”
Started in 2009 and led by CEO Brad Pries, Sawtooth claims 25 employees. CEO Brad Pries says that they are growing rapidly using the funds to expand sales and marketing, while continuing to develop their in-house software. They recently signed a new 10k sq. ft. lease at 3600 American Blvd West with plans to move there next month.