This article presents an analytical overview of 10 new asset management solutions that are contributing to the finance, construction, and digital sectors. These companies offer solutions such as equity portfolio management systems that incorporate advanced analytics and AI-powered DeFi ecosystems that streamline decentralized finance.
They also provide digital asset management platforms that improve data organization. Further, construction asset management tools are available that enhance project tracking and resource allocation. Each company featured is making strides in their respective domains and highlight the varied and growing uses of asset management technologies.
Continue reading to gain up-to-date and data-driven insights on:
- Profiles of 10 Emerging Asset Management Solutions
- How to Scout New Asset Management Solutions Easily
Key Takeaways
Drawing insights from the Big Data & AI-powered StartUs Insights Discovery Platform that provides data on over 4.7+ million emerging companies globally, we explore the evolving landscape of the asset management industry. This sector is marked by key trends and a substantial workforce, shaping its future. We updated this report 5 days ago. Noticed something’s off? Let’s make it right together — reach out! Here are some key insights at a glance:
- Current Asset Management Trends: The latest trends in the asset management industry include generative AI, cloud native, data analytics, IoT & sensors, and GPS tracking.
- Asset Management Industry Statistics: The asset management sector includes over 25K+ organizations globally. Of these, 9K+ new companies were established in the past five years, with the average year of establishment being 2020. On average, each of these companies employs about 20 people. The sector’s annual growth rate is 12.26%. Further, the average funding received per round by these new companies is USD 38.4 million.
- 10 New Asset Management Solutions to Watch:
- worX Software – Barcode & RFID-based Asset Management
- Flex Axion – Capital Market Portfolio Management
- Vingt.io – AI-Infused DeFi Ecosystem
- Future Maintenance Technologies – Autonomous Inspection Robots
- Vitum Technologies – Advanced Asset Monitoring
- HALO – Digital Asset Management
- Renora – Systematic Web3 Asset Investments
- 3PM – Construction Asset Management
- Workwize – IT Asset Management
- HelixSense – Data-driven Facility Management
Meet 10 out of 9.5K+ Emerging Asset Management Solutions
In this section, we highlight 10 top asset management solutions that offer equity portfolio management, AI-powered DeFi ecosystems, digital asset platforms, and construction management tools. These solutions incorporate advanced data analytics, generative AI, cloud-native architectures, and IoT sensors. They use state-of-the-art technologies to improve investment strategies, operational efficiency, and resource management. Continue reading to discover more innovative solutions offered by these companies!
Note on Signal Strength
One of the unique metrics we feature for each company is Signal Strength, a proprietary data point generated by our Discovery Platform. It gauges the extent to which a company’s influence has permeated the global ecosystem of startups, scaleups, and emerging companies. This proprietary metric serves as a valuable guidepost for understanding a company’s standing in the broader market landscape.
1. worX Software
- Founding Year: 2020
- Employee Range: 11-50
- Location: UK
- Signal Strength: Very Strong
- What they do: worX Software develops TagworX, a hybrid asset and inventory management platform that combines barcode and RFID data capture. The integration of the company’s solution simplifies the product journey, from receiving the order to managing returns. In healthcare, TagworX RFID identifies and validates groups of items, such as drugs and equipment on crash trolleys or in ambulances. It checks for missing items and flags those requiring calibration. TagworX has applications in laptop storerooms to entire supply chains.
2. Flex Axion
- Founding Year: 2021
- Employee Range: 2-10
- Location: USA
- Signal Strength: Medium Strong
- What they do: Flex Axion delivers solutions to manage capital market portfolios. The company’s software, ETFRebal, brings mathematical programming advances to the exchange-traded fund asset management industry. Its another product, SMARebal, directly indexes and customizes client portfolios. Further, the company provides FACore, a proprietary hybrid cloud computing architecture that connects traditional cloud with quantum computing. Also, the FAOne (Flex Axion’s Ontology Engine) uses proprietary machine learning to find and correct errors. These Flex Axion’s solutions ensure efficient management of day-to-day portfolio re-balance requirements.
3. Vingt.io
- Founding Year: 2021
- Employee Range: 2-10
- Location: Canada
- Signal Strength: Medium
- What they do: Vingt.io creates an AI-driven DeFi ecosystem for asset management. It connects traditional investors to decentralized markets. It offers VISP protocol that enables entrepreneurs and fund managers to create customized tokenized strategies. The company’s AI framework Block-AI generates insights for DeFi ecosystem management. Further, VingtSwap V3, a 3rd generation decentralized exchange, enhances liquidity and trading efficiency. Vingt.io also offers Volar, a non-custodial wallet that enables digital asset management with Web3.0 compatibility.
4. Future Maintenance Technologies
- Founding Year: 2021
- Employee Range: 11-50
- Location: Australia
- Signal Strength: Weak
- What they do: Future Maintenance Technologies develops TRES, an autonomous inspection robot for rolling stock that uses robotics and proprietary sensor technology to conduct rail asset inspections. The company also offers RFD, an autonomous inspection robot for rail assets, facilities, and infrastructure that leverages the latest Infrared and optical technology. Further, it provides ARIIS, a combination of multiple rail inspection sensors on a fully autonomous rail vehicle that automates rail infrastructure inspections. Future Maintenance Technologies provides solutions that reduce the requirement to send people into the rail corridor for asset inspections.
5. Vitum Technologies
- Founding Year: 2020
- Employee Range: 2-10
- Location: Spain
- Signal Strength: Strong
- What they do: Vitum offers BigConnect, a platform that enables businesses to connect, track, and monitor assets such as containers, tanks, pallets, and more. The platform offers a customized asset blueprint feature that links to the real world and provides a comprehensive view of assets. BigConnect enables defining properties based on specific data types, units, or requisites.
6. HALO
- Founding Year: 2019
- Employee Range: 51-200
- Location: US
- Signal Strength: Medium
- What they do: HALO offers HALO DAMS, an advanced digital asset management system. This system centralizes and stores multiple media types in the cloud. The users find audio, video, documents, and images all in one place. The platform allows for secure review, streaming, and sharing of evidence. It includes a built-in redaction engine for video clips and other media. The system also features secure sharing of videos, including metadata, with external users. HALO DAMS also offers an auto-delete function for non-evidential files after a configurable period.
7. Renora
- Founding Year: 2022
- Employee Range: 2-10
- Location: Singapore
- Signal Strength: Very Strong
- What they do: Renora builds a non-custodial robo-advisory platform that makes assets work for users. It employs systematic investment strategies and integrates with industry-leading platforms. Renora also offers a solution for managing Web3 assets and enabling investors to automate investment strategies across multiple exchanges and blockchain networks. The platform makes digital assets investments structured and ensures assets management remains simple and systematic.
8. 3PM
- Founding Year: 2019
- Employee Range: 11-50
- Location: New Zealand
- Signal Strength: Very Strong
- What they do: 3PM offers a construction asset management platform that streamlines operations. It offers three key features: asset management, workshop management, and asset tracking. The asset management enables businesses to efficiently handle vehicles and plant equipment. Integration with existing GPS and RUC solutions ensures accurate tracking, while QR codes facilitate tool assignments to staff. For workshop management, 3PM provides tools to manage compliance, create servicing and maintenance plans, track safety issues, assign mechanic tasks, complete prestarts, and log fuel usage. Further, its asset tracking feature allows real-time monitoring of vehicles, plant equipment, and tools. It also allows assigning operators and tracking project costs.
9. Workwize
- Founding Year: 2021
- Employee Range: 51-200
- Location: Netherlands
- Signal Strength: Very Strong
- What they do: Workwize streamlines IT equipment lifecycles and enhances efficiency and accuracy. It easily integrates with human resources information system (HRIS) systems for transparency. Its centralized dashboard merges equipment assignments and eliminates scattered data. Further, the employees are able to request equipment, repairs, and maintenance via the self-service portal. The company’s single sign-on support improves access and security while simplifying IT asset management. Workwize automates purchase-to-disposal processes while reducing manual work.
10. HelixSense
- Founding Year: 2019
- Employee Range: 201-500
- Location: US
- Signal Strength: Very Strong
- What they do: HelixSense develops an advanced platform that allows organizations to utilize data. Its asset management solution provides real-time insights into asset lifecycles, from acquisition to disposal. This ensures optimal asset utilization, minimizes downtime, and maximizes return on investment. The key features include real-time asset tracking for risk reduction, streamlined lifecycle management, proactive maintenance scheduling, and compliance reporting. HelixSense facilitates informed decision-making and cost-effective practices by identifying and mitigating hidden expenses.
Quick Tip to Find New Asset Management Solutions
Utilizing a SaaS platform like the Discovery Platform for identifying new asset management companies provides significant benefits compared to traditional scouting methods:
- Streamlined Efficiency: The Discovery Platform offers advanced tools that streamline the scouting process. It replaces hours of your conventional desk research, saving time and resources in identifying asset management innovations.
- Access to Real-time Insights: Gain a competitive edge with up-to-date information on the latest trends in the asset management industry. The platform keeps you informed with near real-time updates on emerging asset management solutions and news, enabling you to make swift and informed decisions.
- Tailored Exploration: Customize your search to focus on specific niches within the asset management sector, such as generative AI, data analytics, or GPS tracking. The platform’s diverse filtering options allow you to target your scouting efforts precisely, ensuring that you find the most relevant and groundbreaking companies in the field.
Ready to Explore All New Asset Management Solutions?
This overview highlights just a few solutions from all XK+ new asset management companies currently covered by the Discovery Platform. To explore them all, book a personalized demo or download one of our free Industry Innovation Reports for a quick overview. We’re keen to partner with subject matter experts to enrich our coverage. Think you can help? Let us know.
