PANTA secures £3m in a seed funding round led by Fuel Ventures to expand its financial index platform
The funding round includes £1.5m from Fuel Ventures and a £1.5m Innovate UK loan, supporting product development and commercial scaling.
PANTA provides a cloud-based software platform that automates the design, calculation and delivery of financial indices. The company replaces manual workflows and legacy systems for asset managers and index providers.
London-based financial technology firm PANTA has secured £3m in a seed funding round led by Fuel Ventures. The raise comprises £1.5m from Fuel Ventures alongside a £1.5m innovation loan from Innovate UK.
The capital will support the firm as it transitions from its pilot phase to full commercial rollout. PANTA intends to direct the proceeds towards expanding its engineering team, accelerating product development and scaling commercial operations ahead of a planned Series A funding round.
The company was established by industry veterans to replace manual spreadsheets and legacy infrastructure in the index industry with automated workflows. Its technology allows financial institutions to design, test and launch indices efficiently.
From the founder
"Producers and users of indices have been limited for too long by outdated systems. PANTA digitalises the entire value chain, helping clients innovate faster, operate more efficiently and deliver greater value to investors."
Tobias Sproehnle
CEO and Co-Founder at PANTA
Investor perspective
"Tobias and Mark are exactly the kind of experienced founders we look to back – combining decades of sector knowledge with the technical ambition to reimagine how an entire industry operates. The index market is long overdue for transformation, and PANTA’s platform is bringing a level of automation and scalability it’s never seen before. With their proven track record of building and exiting high-growth businesses, we’re confident the team is well placed to lead the next wave of innovation in financial data infrastructure."
Mark Pearson
Managing Partner, Fuel Ventures
Use of funds
- 01Grow the team
- 02Continue product development
- 03Accelerate go-to-market
