KoreInside, a provider of secure, end-to-end infrastructure for private capital markets, has retained investment bank Weild & Co. to lead a $40 million Series B capital raise. The move signals a significant step in the company's mission to standardize and improve the functioning of private markets for participants including investors, issuers, fund sponsors, investment banks, and portals.
Weild & Co. founder David Weild IV, the former vice chairman of NASDAQ and a figure widely associated with the JOBS Act, will serve as a day-to-day advisor on the offering. "We are excited by the innovation that KoreInside brings to improving the performance of the private capital markets and to be lead-managing their Series B private placement," Weild said. The firm, named to the Inc. 5000 fastest-growing private companies list three times and a member of the inaugural Titan 100 in Nashville, provides KoreInside access to a network of investment bankers licensed across all U.S. states and territories, with international operations.
KoreInside's leadership emphasized the strategic importance of the partnership. "KoreInside will revolutionize private capital markets transactions, and we just took a major step toward that end by retaining Weild & Co.," said Jason Futko, CPA, CA, Co-founder, CFO, and President. Oscar Jofre, Co-founder and CEO, added, "Weild & Co. is a recognized leader in capital markets and investment banking, and we are thrilled to have David and his very capable team representing us for this next phase of growth via Series B investment." The company positions its infrastructure as a neutral, non-competitive platform akin to the DTCC for private markets, aiming to power broker-dealers, ATSs, funding portals, and other intermediaries through white-label, API-first solutions.
The engagement highlights a growing focus on modernizing the often-fragmented private capital markets. KoreInside's core technology includes KoreID, an interoperable identity passport, and KoreChain, which it describes as the first SEC-qualified blockchain for private securities. This infrastructure is designed to enable scalable, compliant, and auditable transactions. Weild & Co., described as a decentralized investment bank built to rethink capital markets service delivery, aligns with this vision. More information on the firm is available at https://www.weildco.com.
The capital raise and partnership matter because they could accelerate the standardization of private market infrastructure, potentially reducing friction, enhancing transparency, and broadening access for a wider range of participants. As private markets grow in size and importance, efficient, trusted infrastructure becomes critical for investor protection and market integrity. The involvement of a figure like David Weild IV, instrumental in public market reforms, underscores the seriousness of efforts to bring similar structural improvements to the private sphere. The original release can be viewed on https://www.newmediawire.com. The news release includes standard cautionary statements regarding forward-looking information and notes that no regulatory authority has approved or disapproved its contents.
