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WealthEngine raises $1.2 million


WealthEngine, a Bethesda-based wealth research and analytics startup, has raised a fresh $1.2 million, according to a securities filing.

Named in the filing were current WealthEngine investors: Jack Biddle and Janet Yang of Novak Biddle Venture Partners, Rick LePere of Richard L. LePere Inc. and Frank Rotman of QED Investors, although the document indicates that only a single investor participated in the most recent offering. The financing consists of a mix of debt, options and other securities, according to the Dec. 31 filing.

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