bunch raised $35 million in Series B funding
The round was led by Portage with participation from Illuminate Financial and existing investors.
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Private markets fund operations platform
bunch.capitalLast updated
In short: bunch raised $35 million in a Series B funding round and expanded its AI-native platform to enhance private market fund administration.
The round was led by Portage with participation from Illuminate Financial and existing investors.
bunch supports emerging venture fund managers via British Business Bank's Investor Pathways programme with £400m deployment. Offers infrastructure for back office and operations.
bunch provides digital infrastructure for their fund administration. backtrace invests in pre-seed and seed infrastructure founders across software, AI, and hardware.
It integrates tax and accounting into their fund operating system, enabling 80% faster reporting and AI-enhanced processes with expert partners.
Rahul Raj / EU-Startups: Berlin-based bunch, an AI-native platform for managers and institutional investors to manage the entire fund lifecycle, raised a €30.1M Series B...
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