Fundz

Finbourne raised $70M in a Series B led by Highland Europe and AVP to expand its reach outside of London's financial center.

Jun 18, 2024

Amount Raised

$70 Million

Round Type

Series B

LondonSoftwareArtificial IntelligenceFinanceFintechAnalytics

Investors

AvpHighland Europe

Description

Finbourne, a startup founded out of London’s financial center, has raised $70 million in funding to build a platform helping financial companies organize and use more of their data in AI and other models. The funding will be used to expand its reach outside of the Square Mile.

Quick answer

Finbourne raised $70 Million in a Series B round, dated June 18, 2024. Investors: Avp and Highland Europe. Finbourne is based in London, England, United Kingdom.

How much did Finbourne raise?
Finbourne raised $70 Million in a Series B round on June 18, 2024.
Who invested in Finbourne?
Avp and Highland Europe are named as investors in this round.
What does Finbourne do?
Finbourne is a London-based startup focused on developing a platform to help financial companies organize and use more of their data in AI and other models.
Where is Finbourne based and how big is it?
Finbourne is based in London, England, United Kingdom. Fundz records about 223 employees.
Who are the decision-makers at Finbourne?
Fundz holds 1 contact at Finbourne. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Finance and Fintech around the same time

Companies in the same sectors as Finbourne that raised within 45 days of this round, from Fundz verified event records.

  • IntelePeer raised $140M (Debt Financing) on July 26, 2024.
  • Bunch raised $16M (Series A) on July 25, 2024.
  • Sundial Product raised $23M on July 22, 2024.
  • One Data raised $35M (Series B) on July 16, 2024.
  • Kindo raised $21M (Funding Round) on July 15, 2024.
  • Zartico raised $5.6M on July 12, 2024.

Who to call at Finbourne, and when

A new round usually means Finbourne is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Finbourne raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Finbourne, from your own LinkedIn network

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Company Information

Company

Finbourne

Location

London, England, United Kingdom

About

Finbourne is a London-based startup focused on developing a platform to help financial companies organize and use more of their data in AI and other models. The company's products include the LUSID Operational data store, investment and accounting books of record, a portfolio management platform, and a data virtualization tool.

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Fundz sees it the moment Finbourne raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Finbourne raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.