bunch, a Berlin, Germany-based tech platform enabling investors to syndicate deals across private markets, announced that it raised a €7.3 million seed funding.
The round was led by the European early-stage fund Cherry Ventures. embedded/capital, who led bunch’s previously undisclosed pre-seed round, also participated.
The round is complemented by a number of angel investors such as founders of European fintechs like Adyen, Klarna, Juni, and Moonfare as well as private market investment and fintech experts such as Cristina Stenbeck (lead shareholder at Kinnevik, chairperson of the Zalando Supervisory Board and non-executive director of Spotify), Pip Klöckner (investment influencer & Host at Doppelgänger Tech Talk), and Jan Deepen’s Discovery Ventures.
With their beta already live in Germany and the Netherlands, bunch will steer the fresh capital towards expanding across additional geographies and asset classes.
Also, the team will continue to advance the technical and product development of its holistic software platform to make it easier for all investors to participate in private markets.
Company: bunch technology GmbH
Raised: €7.3M
Round: Seed Round
Funding Month: July 2022
Lead Investors: Cherry Ventures
Additional Investors: embedded/capital, Cristina Stenbeck, Pip Klöckner, and Jan Deepen’s Discovery Ventures
Company Website: https://www.bunch.capital/
Software Category: Investment Platform
About the Company: bunch was founded in 2021 by Enrico Ohnemüller & Levent Altunel, bunch is building the OS for private market investing. The bunch OS is an asset & jurisdiction agnostic investment platform, enabling investors to set up and manage their investment entities in a seamless way while at the same time offering investors more professional tools. The bunch OS is currently in a public beta. The team has previously worked across public & private market investments and has extensive experience with building fintech companies. The team is now applying its experience to build the tools they deeply missed in their previous jobs.
Source: https://www.bunch.capital/post/press-release-01