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New York and Tel Aviv based AI-powered investment management SaaS startup raised $12m in Series A funding led by Team8, Blumberg Capital and LionBird Ventures.
But FundGuard cofounder and CEO Lior Yogev is quick to beat back skepticism. “We are seeing growing demand for our innovative cloud-native and API-first platform from banks and asset managers globally,” he said in a press release. “Our team is excited to be able to accelerate our mission to drive efficiencies through AI, enhance investor transparency and digital engagement, and provide a single source of truth for funds.”
https://venturebeat.com/2021/02/23/fundguard-raises-12-million-to-help-manage-assets-with-ai/
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