WealthForge Forges Ahead With New CEO; Previous Executive/Co-Founder Left The Startup

9/8/16

By John Reid Blackwell, Richmond Times-Dispatch

After a transition in its top leadership two months ago, Henrico County-based WealthForge is closing in on a milestone.

The company, which operates an online platform that helps businesses connect with investors to raise private-placement capital, expects to have conducted $250 million in transactions using its platform soon, with more than 5,000 investments processed.

“July and August were great months for us, our best of the year in fact,” said Mat Dellorso, the company’s chief strategy officer and co-founder. “September is looking strong too.”

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