FINBOURNE Technology Raises £55 Million in Series B
FINBOURNE Technology, a London, UK-based provider of investment management solutions and cloud-native data management platforms, raised £55 million in a Series B funding round.
FINBOURNE Technology, a London, UK-based provider of investment management solutions and cloud-native data management platforms, raised £55 million in a Series B funding round.
Investors
The round was led by Highland Europe and AVP.
Highland Europe is a growth-stage investment firm located in London and Geneva. The firm invests in European internet, mobile, and software companies that address large market opportunities.
AXA Venture Partners (AVP) is a €2bn venture capital firm investing in venture-stage, growth, and late-stage companies through various investment vehicles. They invest in companies that leverage differentiated technologies and scalable business models to generate financial returns and drive innovation.
FINBOURNE Technology Use of FundsThe company will use the funds to fuel the next phase of its commercial development, focusing on expanding sales, product, and marketing capabilities across key markets, including the US, UK, Ireland, Singapore, and Australia.
About FINBOURNE Technology
FINBOURNE Technology is a fintech company that provides investment management technology solutions and cloud-native data management platforms. The company delivers an interconnected network of functionality and data that enables the investment community to better serve clients in a constantly evolving market. Its solutions help asset managers, alternative asset managers, asset owners, and asset servicers gain insights, improve efficiency, and scale their operations. With operations in North America, the UK, Europe, Asia, and Australia, FINBOURNE is trusted by some of the world’s leading financial services firms, including Fidelity International, the London Stock Exchange Group, Baillie Gifford, and Northern Trust.
Funding Details
Company: FINBOURNE Technology Limited
Raised: £55.0M
Round: Series B
Funding Month: June 2024
Lead Investor: Highland Europe, AVP
Additional Investors:
Company Website: https://www.finbourne.com/
Software Category: Investment Management
