Loading organizations...
§ Private Profile · Charlotte, NC, USA
Financial technology company providing a white-label philanthropic platform for financial institutions, focused on donor-advised funds.
Amicus is a financial technology company based in Charlotte, North Carolina, that provides a white-label philanthropic platform enabling financial institutions to offer integrated donor-advised funds directly to their clients. Operating as a business-to-business software provider, the company licenses its infrastructure to commercial banks, wealth management firms, and credit unions to facilitate seamless charitable giving tools. The enterprise generates revenue through platform fees and secured an $8.7 million Series B funding round in 2021 led by The FR Group to expand its wealthtech capabilities. By democratizing access to philanthropic vehicles, the platform allows asset managers and financial advisors to serve a broader range of retail investors beyond traditional ultra-high-net-worth individuals. To support this expansion, the organization continues scaling its operations across the wider financial services sector. Amicus was founded in 2017 by co-founders Cor Hoekstra and Walt Ruloff.
Amicus has raised $12.3M across 3 funding rounds.
Amicus has raised $12.3M in total across 3 funding rounds.
Amicus Technology is a small IT services and consulting firm specializing in managed computer support, cloud computing, backup solutions, and network maintenance primarily for medical practices and small businesses in the Los Angeles area, including Santa Monica, West LA, Culver City, and surrounding regions.[3][5] Founded in 1994, the company serves clients facing technology challenges by providing responsive, reliable IT support to keep systems operational, with a focus on becoming a trusted extension of their teams; it generates under $5 million in revenue and employs fewer than 25 people.[2][4]
The firm addresses common small business pain points like slow service from other providers, offering services such as computer network support, Microsoft technologies (e.g., .Net, SharePoint, Office 365), and cloud tools like AWS, while emphasizing problem-solving to boost productivity.[1][3][5] Note that search results also reference a separate, larger Amicus Technology entity founded in 2005 in India with U.S. presence, focused on global software development for sectors like manufacturing, but the Santa Monica-based firm (amicustech.com) aligns most closely with the "Amicus Technology" branding and local IT focus.[1]
Amicus Technology was founded in 1994 by Brian Jones, who had previously served as a partner in another IT company in the Los Angeles area.[2][3] After the birth of his first child, Jones sought greater control over his professional destiny, launching the firm out of a passion for technology and problem-solving to build the supportive IT environment he envisioned.[3][5]
Early traction centered on delivering superior computer support to medical practices in Santa Monica, West LA, Culver City, and nearby areas, establishing a reputation for reliability over 20+ years.[3][5] The company grew modestly as a small business itself, prioritizing customer-centric service and team collaboration to help local businesses leverage technology effectively.[2][3]
Amicus Technology rides the trend of outsourced managed IT services for SMBs, particularly in healthcare, where reliable tech infrastructure is critical amid rising cyber threats, cloud adoption, and HIPAA compliance needs.[3][4] Timing favors small, nimble providers like Amicus in localized markets, as post-pandemic remote work and digital transformation amplify demand for affordable, responsive support over big-vendor delays.[5]
Market forces such as SMB budget constraints and the shift from in-house IT to managed services (NAICS 811212 for computer repair/maintenance) work in its favor, positioning it against competitors like ARK Solvers or Cloudspace USA.[2] It influences the ecosystem by enabling medical practices to focus on patient care rather than tech downtime, contributing to resilient local business tech adoption in Los Angeles County.[3][5]
Amicus Technology's niche in LA-area medical IT positions it for steady growth amid ongoing SMB digitization and healthcare tech reliance. Expansion into cybersecurity, AI-driven monitoring, or broader cloud migrations could accelerate momentum, especially with trends like telehealth and data security regulations shaping 2026+.[4]
Its influence may evolve by deepening partnerships with Microsoft ecosystems or scaling remote support, solidifying its role as a dependable local anchor in an increasingly fragmented IT services landscape—echoing its origin as a founder-driven solution for real-world tech frustrations.[3][5]
Amicus has raised $12.3M across 3 funding rounds. Most recently, it raised $8.7M Amicus.io - Series B in November 2020.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 18, 2020 | $8.7M Series B | The FR Group | — | Announced |
| Nov 1, 2012 | $3M Seed | — | Bullpen Capital, Matt Ocko, Digital Currency Group, DST Global, FirstMark Capital, Five Sigma, Footwork, Founder Collective, F Prime Capital, General Catalyst, GSR Ventures, GSV Acceleration, IA Ventures, NextView Ventures, Quiet Capital, Reach Capital, Renegade Partners, Rose Tech Ventures, RRE Ventures, Shasta Ventures, SignalFire, SV Angel, Uncork Capital, Uprising, Archibald COX, David Jeske, Jason Citron, JOE Greenstein, Julian Shapiro | Announced |
| Jan 1, 2012 | $580K Seed | — | Bullpen Capital, Matt Ocko, Digital Currency Group, DST Global, Five Sigma, Footwork, General Catalyst, GSV Acceleration, NextView Ventures, Purpose Built Ventures, Quiet Capital, Reach Capital, Renegade Partners, Rose Tech Ventures, RRE Ventures, Shasta Ventures, SignalFire, SV Angel, Uncork Capital, Uprising, Archibald COX, David Jeske, Jason Citron, JOE Greenstein, Julian Shapiro | Announced |
Amicus has raised $12.3M in total across 3 funding rounds.
Amicus's investors include The FR Group, Bullpen Capital, Matt Ocko, Digital Currency Group, DST Global, FirstMark Capital, Five Sigma, Footwork, Founder Collective, F-Prime Capital Partners, General Catalyst, GSR Ventures.