FLX Distribution Closes $2.5M Seed Funding Round
FLX Distribution, a Basking Ridge, NJ-based professional network technology platform bringing together asset management firms and independent distribution professionals, closed a $2.5m seed funding round. The round was led by RiverNorth Capital Management, with participation from six strategic, private investors. Launched in 2019 by Brian Moran, Chief Executive Officer, FLX Distribution is a financial technology company focused on asset management distribution. Through an innovative professional network technology, its member-structured marketplace provides access, education and data to enable comprehensive financial services distribution solutions. Patrick Galley, CFA, is Chief Executive Officer and Chief Investment Officer at RiverNorth Capital Management, LLC, an investment management firm founded in 2000.