Chicago based investment management SaaS platform raised $150 million in new funding from Iconiq Growth.
"We are delighted to support Enfusion in its efforts to radically disrupt the investment management solution space," said Roy Luo, Principal at ICONIQ Growth. "We believe Enfusion has developed a highly differentiated and groundbreaking platform that is creating a new standard for native-cloud asset management solutions and modernizing a historically outdated approach to the front, middle, and back-office experience. As an investment management firm, we deeply understand the importance of digital transformation in the industry and how it can build more sustainable relationships and a better understanding of clients' evolving needs. Our investment in Enfusion is representative of our commitment to invest in best-in-class, long-view technology businesses – and we are excited to collaborate with their experienced management team during their next phase of strategic growth."