Fundcraft, an innovative player in digital fund operations, has successfully completed its Series A funding, securing a total of €11m.
According to IBS Intelligence, this latest round saw an investment of €6m led by 3VC and MiddleGame Ventures, building on an initial €5m led by Aperture Capital and supported by SIX Fintech Ventures back in May 2024.
Fundcraft is set on redefining the landscape of fund operations for alternative asset managers. With its cutting-edge digital platform, the company offers integrated solutions tailored to meet the intricate demands of mid-market private equity funds, venture capital, and funds of funds. The platform is designed to streamline operations through enhanced automation, operational efficiency, and transparency.
The influx of new capital will accelerate several strategic initiatives for Fundcraft. The primary focus will be on advancing product development to bolster the digital operations platform, which aims to address the growing needs of alternative investment asset managers. Alongside product enhancements, fundcraft plans to expand geographically, targeting support for funds domiciled in diverse international markets beyond its current base in Luxembourg.
Additionally, fundcraft is looking to attract top-tier talent to bolster its teams across fund operations, digital product development, and business development. This talent acquisition is key to supporting client needs and capitalizing on emerging market opportunities.
Julien De Mayer, Founder and CEO of fundcraft, highlighted the significance of the new investment: “This additional investment builds on our strong momentum as we continue to deliver on our mission to digitise and transform fund operations for alternative asset managers. Together with co-founders Olga Porro and Victor Martin, we see a unique opportunity to accelerate our expansion, delivering solutions that no other competitor can currently match. The support and endorsement from 3VC and MiddleGame Ventures, two leading VC firms dedicated to category-defining companies, enables us to scale faster and seize this market opportunity with confidence.”
Previously, fundcraft had raised €5m in the first close of its Series A funding in May 2024, led by Aperture Capital with participation from SIX Fintech Ventures, underscoring its ongoing traction and market confidence.
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