Investment software Delio nets funding

Delio, which helps financial institutions connect their clients with private investment opportunities, has collected $8.3m in funding.

Octopus Ventures served as the lead investor, with a contribution also coming from Maven Capital Partners.

This equity infusion will help Delio expand its international operations and establish the foundations for its non-conflicted private equity private markets infrastructure. This network will connect capital raisers, financial institutions and investors on a global scale and share investment opportunities on an institution-to-institution basis.

Headquartered in the UK, the company helps financial institutions digitise their private investment cycle and provide customers with an improved experience. Its technology optimises the distribution, transaction, and reporting of private equity, private debt, real estate, social impact and fund investment opportunities.

Delio chief executive and co-founder Gareth Lewis said, “With investor demand at an all-time high, there is a lot of noise around how institutions overcome the traditional barriers to private markets. We’ve taken a different approach, creating white-labelled technology that acts as the digital building blocks on which firms can scale their propositions.

“The growth funding from Octopus Ventures validates this approach and strengthens our plan of stimulating greater connectivity between financial institutions, capital raisers and investors.”

With the close of the round, the company has raised a total of $15.5m in funding. It previously raised £3.3m in funding round back in 2019, with Maven Capital Partners leading the round.

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