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.
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FundGuard raises $12m in Series A funding
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.”
