Vauban secures £4.7m in seed follow-on funding co-led by Pentech and Outward to expand its infrastructure.
The funding round was co-led by Pentech and Outward to support infrastructure development and team expansion.
Vauban builds digital infrastructure and network services designed to simplify alternative investment management. Its platform allows fund managers and angel investors to launch and administer venture capital vehicles online.
Vauban has secured £4.7m in a seed follow-on investment round co-led by Pentech and Outward. Additional participation came from 7percent Ventures, MJ Hudson, and a roster of angel investors.
The company provides an end-to-end platform enabling venture capital managers and angel investors to establish and manage funds and special purpose vehicles online. The fresh capital will be directed towards deepening the company's technical and regulatory infrastructure, doubling its headcount, and opening a new office in Luxembourg.
From the founder
"When raising capital, VCs are obliged to undertake a countless number of time-consuming, long-winded and expensive processes. This deter many prospective managers from raising a fund, and therefore prevent many founders from getting funded."
Rémy Astié
Co-CEO at Vauban
Investor perspective
"Despite the meteoric growth in alternative investments in recent years, the infrastructure the industry relies on has failed to evolve. Simply creating and administering an investment vehicle remains synonymous with lengthy, cumbersome and expensive processes fragmented across multiple service providers. Vauban’s integrated platform has turned this on its head with a relentless focus on product and user experience, which has unsurprisingly led to exceptional organic growth and its emergence as the standout category leader in Europe. We have high conviction that Vauban will play a significant role in powering the growth of the alternate asset industry as it continues to move from the periphery of the global investment landscape into the mainstream, and are delighted that they have chosen Outward VC as its long term partners on this journey."
Andi Kazeroonian
Investor, Outward
Use of funds
- 01Build out infrastructure
- 02Grow the team
- 03Expand into international markets
