Fundpath secures £4m in a late seed funding round from Fuel Ventures to expand its data systems and technology.
The late seed funding round was led by growth capital partner Fuel Ventures.
Fundpath is a data and technology business that provides an intelligent SaaS platform to bridge the information disconnect between asset managers and wealth managers.
Fundpath has secured £4m in a late seed funding round led by Fuel Ventures. The company provides a data-driven SaaS platform designed to bridge information gaps between buyers and sellers of funds.
The fresh capital will be directed towards extending the breadth and depth of the company systems and data, alongside investments in new technologies to support further growth.
Fuel Ventures joins as a growth capital partner, backing the firm following strong feedback from industry participants.
From the founder
"Our mission is to bridge the information disconnect between the buyers and sellers of funds. Over the last 18 months, we’ve been working even closer with the wealth and asset management industry to do just that. Now, with Fuel’s investment and hands-on support we can continue to innovate, launch supporting tech platforms, and invest in the very best people."
Jamie Hinchliffe
Co-Founder & CEO at Fundpath
Investor perspective
"With Fundpath, we see a huge opportunity to positively impact an important industry, by solving a genuine problem through technology and data."
Mark Pearson
Managing Partner, Fuel Ventures
Use of funds
- 01Continue product development
- 02Fund research and development