Light Frame raises $5.1M seed led by Fortino Ventures for wealth core banking software

Light Frame has closed an oversubscribed $5.1 million seed round led by Fortino Ventures. Sidekick Partners, Tenity, Chamaeleon and AltaIR Capital also participated, alongside existing investors Rogue Venture Partners, New Stack Ventures and Studio Alpha. The company raised a $1.7 million pre-seed in 2024.

The Lausanne company builds core banking and portfolio management software for private banks, wealth managers, asset managers and family offices. The platform is cloud-native, API-first and modular, so institutions can replace individual components or adopt the full system.

Light Frame was founded in 2024 by Schuyler Weiss, founder and former CEO of Swiss private bank Alpian, Mathieu Clément, Alpian's former COO and CIO, and technologists Philippe Kernevez and Gregory Bataille. It is supporting live client operations in EMEA.

The money goes to the platform, implementation and client delivery capacity, and commercial growth, initially in EMEA.