The Double Alpha Factory

Name

The Double Alpha Factory

Legal name

The Double Alpha Factory GmbH

Website

https://alpha-factory.de

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

The Double Alpha Factory GmbH is a German fintech that sells the Digital Assistant, a browser-based SaaS platform using neural networks and data-driven models to optimize, track, and backtest investment portfolios for wealth managers, private banks, and family offices across Europe.

Ownership category

akta.pro rank

Product category

Wealth Management Software

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Digital Wealth Platforms for Advisors (TAMP/Advisor Tech) (FSAGAEAH)

akta.pro secondary industry

Managed Account Platforms (Separately Managed Accounts / Customized Portfolios) (FSAHAKAC)

Keywords

• Portfolio management software
• Wealth management software
• AI investment advisory
• Robo advisor platform
• Asset allocation tools

Headquarters

HQ city

Neunkirchen

HQ country

Germany

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations

Revenue model

1. SaaS Subscription - Basic Tier: Monthly or annual subscription providing access to the Digital Assistant platform with basic features including Universe and Basket, Optimizer, Asset Allocation, Tracking, Backtest & Presets. Includes 400 assets, 1 user, 5 portfolios. Annual plan offers discount (629€/month vs 699€/month).
2. SaaS Subscription - Standard Tier: Monthly or annual subscription with all features included plus funds data. Includes 600 assets, 3 users, 10 portfolios. Annual plan offers discount (1169€/month vs 1299€/month).
3. SaaS Subscription - Pro Tier: Custom-made package individually configurable based on customer requirements. Pricing by quotation.
4. Additional Feature Add-ons: Research List, Risk/Performance Cockpit, and Reporting can be added for 149€ per feature.
5. Wealth Management as a Service (WMaaS): Guides customers through listing investment strategies on public markets and actively manages them. Custom plans with step-by-step process, daily supervision, custom support and billing. Pricing based on customer preferences.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

The Double Alpha Factory develops and sells the Digital Assistant, a browser-based SaaS portfolio management platform that uses neural networks and self-learning algorithms to deliver hyper-personalized, risk/return optimized investment advisory for wealth management firms, private banks, and family offices. It complements the platform with Wealth Management as a Service (WMaaS) for active strategy listing and daily supervision, and operates a consumer-facing sub-brand called Wealthor for individual investors with limited portfolio management experience.

Product overview

The Double Alpha Factory offers a unified product ecosystem centered on the Digital Assistant platform—a browser-based portfolio management solution that combines neural networks and data-driven models to deliver hyper-personalized, risk/return optimized investment advice. The platform operates as a SaaS delivery model with tiered pricing (Basic, Standard, Pro) and is complemented by Wealth Management as a Service (WMaaS) for strategy listing and active management. A separate sub-brand called Wealthor targets retail investors with limited experience. The Digital Assistant's core capabilities include Portfolio Optimization, Asset Allocation, Tracking, Backtesting, and Reporting, all supported by an asset database of 3,500+ instruments covering US and EU markets.

Differentiator

Problem solved

Functional benefit

Brands

• Digital Assistant: The main software product - an ecosystem for investment stakeholders in Private Banking and Wealth Management industries providing hyper-personalized, risk/return optimized portfolio management solutions.
• Wealthor
• DAF Robo Advisor

Products and services

• Digital Assistant A cloud-based portfolio management platform that uses neural networks and data-driven models to provide hyper-personalized, risk/return optimized investment advice. Features include Universe and Basket management, Portfolio Optimizer, Asset Allocation, Portfolio Tracking, Backtesting, Risk/Performance Cockpit, Research List, Presets, and Drag and Drop Reporting. Accessible via browser with user permission controls and collaboration features, targeting wealth management firms and private banks.
• Software as a Service (SaaS) Browser-based SaaS delivery model offering the Digital Assistant platform with tiered subscriptions (Basic from €699/month for 400 assets/1 user/5 portfolios; Standard from €1,299/month for 600 assets/3 users/10 portfolios; Pro custom-quoted). Includes a 2-month free trial and minimum contract term of 3 months.
• Wealth Management as a Service (WMaaS) A managed service that guides financial institution clients through listing investment strategies on public markets, providing active management, quality-checked data with daily checks, customizable strategy creation, step-by-step implementation, and regular daily supervision. Custom plans and billing based on customer preferences. Currently lists Basket/Call/SOC products (ISIN DE000SR7XXS9).
• Wealthor A consumer-focused investment tool designed for individuals with limited portfolio management experience. Helps retail users make quality investment decisions and select appropriate stocks from available options without information overload, using the company's data-driven models and technology.

Quantifiable outcome

• Speed improvements up to 10x higher in some sections after optimization
• +1 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature10 records

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Addepar: US-headquartered advisor technology and TAMP platform providing portfolio analytics, reporting, and data aggregation for wealth managers and family offices. Direct competitor to Digital Assistant at the institutional wealth-management level, with a more developed US footprint.
• Profidata Group: Swiss-headquartered provider of portfolio management and investment analytics software (PROFI) for asset managers, family offices, and private banks in Europe. Direct peer in European institutional portfolio-management software, serving a similar customer profile.

Broad incumbents

• Orion Advisor Technology: Large US-based TAMP/advisor-tech platform offering portfolio accounting, reporting, and trading tools for RIAs and wealth managers. Comparable in serving advisor workflows but operates at much greater scale and as part of a broader enterprise suite.
• Envestnet (Tamarac / Yodlee): Major US wealth-management technology incumbent, with Tamarac providing portfolio management and rebalancing software for advisors. Comparable advisor-tech functionality but bundled into Envestnet's broader data, analytics, and custody ecosystem.
• Morningstar Advisor Workstation: Morningstar's advisor-focused research, portfolio analytics, and portfolio management offering. Competes with Digital Assistant on portfolio construction and analytics for wealth managers, with much deeper research data and a global footprint.
• Comarch Wealth Management: European software vendor offering a broad wealth-management platform for private banks and asset managers. Comparable end-customers and feature scope (portfolio management, reporting, advisory tools), but operates at larger enterprise scale and across many verticals.
• Infront: European financial-market data, trading, and portfolio-management software provider used by banks, wealth managers, and asset managers. Comparable in serving European institutional wealth-management workflows, with broader market-data and trading capabilities.

Emerging players

• Scalable Capital: Munich-based digital wealth and robo-advisory platform operating across Europe. Comparable as a German-headquartered digital wealth/robo-advisor player; competes more directly with the DAF Robo Advisor and Wealthor sub-brands than with the institutional Digital Assistant.
• Moneyfarm: European (UK/Italy) digital wealth manager offering robo-advisory and advised portfolios to retail and HNW clients. Comparable to DAF's consumer-facing Wealthor line in product positioning, though operates its own managed portfolios rather than licensing technology.
• Marstone: White-label digital wealth and robo-advisory platform serving banks, credit unions, and wealth managers. Comparable to the WMaaS/Wealthor side of DAF's offering as a turnkey digital-wealth platform for financial institutions, though with a US-skewed customer base.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/double-alpha-factory

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Double Alpha Factory