When you open a brokerage account, you’re automatically paired with a financial advisor. Well, that’s how it works in Brazil, where Bruno Koba and Daniel Tulha grew up. When they came to the U.S., the pair were surprised to discover that advisors are typically available only to the wealthy, and that everyone else just sort of wings it—perhaps with the help of Claude or ChatGPT.
This situation is what led Koba and Tulha, a former Stripe engineer, to found Astor, a Y Combinator–backed startup that provides an advisory service that can connect to an investor’s portfolio, and provide recommendations by text or voice through an AI chatbot. On Thursday, Astor announced it has raised a $5 million seed round led by venture firm Monashees.
