Fundpath, a London, UK-based company that provides an intelligent data-driven SaaS platform, secured £2 million in a fresh funding round.
Investors
The investment came from Fuel Ventures.
Fuel Ventures is a venture capital firm specializing in backing disruptive and ambitious founders in the tech industry. Founded in 2014 and based in London, United Kingdom, they have invested in over 140 startups from seed to series A rounds and evaluate thousands of investment opportunities annually.
Fundpath Use of Funds
The company will use the funding to accelerate its product roadmap by investing in people, technology, and data.
About Fundpath
Founded in 2021 by Jamie Hinchliffe, Allan Goodridge, and Tom Porter, Fundpath is a SaaS company that provides critical data and business intelligence for the wealth and asset management industry. The firm modernizes the fund-buying process through collective data, AI, and technology. Their platform enables wealth managers to securely share information with the asset management industry, facilitating more effective fund buying and selling for clients.
Funding Details
Company: Fundpath
Raised: £2.0M
Round: Unknown
Funding Month: April 2024
Lead Investors: Fuel Ventures
Additional Investors:
Company Website: https://fundpath.com/
Software Category: Financial
Source: https://siliconcanals.com/news/startups/london-fundpath-secures-2-3m/