💡Founder Spotlight: Rohit & Saturn

Rohit – one of our earliest members – has taken the plunge and launched his start-up, Saturn

We asked Rohit some questions about Saturn & the story of how it came to be – check out his answers 👇

What's Saturn all about?

Saturn is building a data automation platform for wealth management and financial advisory firms. Clients go to these firms for personalised financial advice and siloed data prevents this service from being received by a wider audience.

What’s the problem that Saturn is solving?

Compliance and admin costs wealth management firms over 25% of revenue and takes up 60% of their time. This is because their tech stack is incredibly disconnected and requires additional headcount to navigate.

How did you get here, and where did the idea inspiration come from?

I spent the first 5 years of my career in Asset Management. I got to work with some great people on some really interesting projects but I always saw ways of enhancing the benefit for the consumer. At 23, a really good friend of mine and I had the idea of founding a business to get higher quality investment research to DIY investors. We worked on it for 6 months, but the regulator rejected the idea twice. Ever since then, I’ve always had a latent desire to reconfigure financial services for the better in any small way that I can.

How did you make the decision to take the leap & found?

It’s been something I’ve been itching to do since I was much younger. My most recent job was as the first permanent hire at an EdTech company and that unlocked the bias to action part of me. I always used to spend a lot of time thinking, analysing risks and then not doing anything because I’d made this small action seem like climbing Everest. Through working at a small company and also having the right people around me, I learnt that there’s a bigger risk in not doing something.

How can the Embarc community help you?

1. Connecting to other founders who are building something is a great way to help. Building great things does, no matter how cringey it is, take a village

2. We are currently raising so any connections into Fintech/AI investors or companies would be amazing

3. I always want to speak to people about the problem space and hear where I might be wrong 🤩