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The round was led by Portage, with participation from Illuminate Financial, significant follow-on investment from existing investors Motive Partners, Cherry Ventures, Fintech Collective and additional angel investors. The funding will be used to accelerate commercial growth across Europe, deepen bunch's automation and AI capabilities, and expand the platform across new geographies, asset classes and operational workflows.
Enrico Ohnemüller, Co-Founder & CEO, bunch, said: “Private markets are entering a new phase of growth, but the operating infrastructure behind them has not kept pace. GPs cannot scale on spreadsheet-era infrastructure. We built bunch to give fund managers one platform across the fund lifecycle, designed for the complexity of operating across multiple European jurisdictions. While private markets will remain a people-driven, service-intensive industry, the right combination of specialist expertise, software and AI-native systems make fund operations more efficient, consistent and scalable. This funding allows us to deepen that model and continue modernising private markets infrastructure.”
https://www.bunch.capital/blog-posts/bunch-raises-35m-series-b
