Silicon Valley fintech Halfmore raises $2.51 million, led by Deepcore

Halfmore, a Korean-founded fintech startup based in Silicon Valley, has raised a total of ₩3.5 billion (about $2.51 million), with Deepcore leading the round. Other investors included Deepcore, a subsidiary of SoftBank Group, as well as SoFi co-founders Ian Brady and Dan McLean.

Halfmore is an AI-powered family financial management platform that brings wealth management strategies used by the ultrawealthy to ordinary households. It helps parents enroll their children in a family employment arrangement and use AI to automate legal and tax procedures for opening a child’s “custodial Roth IRA.” Within a year of launch, the platform has generated about ₩70 billion in retirement assets and is gaining attention as an alternative to the U.S. retirement crisis.

With the investment, Halfmore plans to accelerate its U.S. expansion and focus on advancing its AI platform. It aims to expand from 14 states to all 50 states and Washington, D.C., within two years, and broaden its offerings to include education savings accounts and investment products for children.

A Deepcore representative explained the investment, saying, "Halfmore has strong early results and significant potential to expand into broader financial wellness."