KoreInside, a provider of secure, end-to-end infrastructure designed to improve private capital markets for investors, issuers, fund sponsors, investment banks, and portals, has retained Weild & Co. to raise capital through a $40 million Series B offering. The engagement signals a significant step in KoreInside's mission to standardize and scale private market infrastructure through technology.
Weild & Co. founder David Weild IV, the former vice chairman of NASDAQ and widely known as the "Father of the JOBS Act," will act as day-to-day advisor for the offering. His firm, named three times to the Inc. 5000 fastest-growing private companies list and recently included in the inaugural Titan 100 class in Nashville, provides KoreInside access to a network of investment bankers licensed across all 50 U.S. states and territories, with overseas operations. Weild & Co. is recognized as a leader in capital markets and investment banking, operating a decentralized model to rethink service delivery for corporate clients and investors. More information about the firm is available at https://www.weildco.com.
Jason Futko, CPA, CA, Co-founder, CFO, and President of KoreInside, stated that retaining Weild & Co. represents a major step toward revolutionizing private capital markets transactions. Oscar Jofre, Co-founder and CEO of KoreInside, emphasized that Weild and his team bring talent, access, and influence aligned with the company's vision to scale tomorrow's private markets through technology.
KoreInside's infrastructure, architected as a DTCC-equivalent for private markets, delivers clearing, settlement, distribution, and compliance as neutral, non-competitive infrastructure for regulated intermediaries. Its core components include KoreID, an interoperable investor and issuer identity passport, and KoreChain, the first SEC-qualified blockchain for private securities, enabling scalable, compliant, and auditable transactions. The platform serves broker-dealers, ATSs, funding portals, transfer agents, banks, credit unions, and RIAs through white-label, API-first solutions.
The Series B funding effort, led by a firm with deep regulatory and market expertise, underscores the growing importance of technological standardization in private capital markets. For business and technology leaders, this development highlights the ongoing transformation of private market infrastructure, which could enhance liquidity, transparency, and efficiency for participants globally. The involvement of a figure instrumental in the JOBS Act suggests regulatory foresight and potential for broader market impact, as improved infrastructure may lower barriers and risks in private capital formation.
