Fundpath takes on fuel with £4m late seed funding round

Date: 31 Mar 2023

Vicente Luckina Bunn

Fundpath confirmed the completion of a £4m late seed funding round with growth capital partner Fuel Ventures.

Launched in 2021, intelligent data-driven SaaS platform Fundpath, is transforming the traditional sales process, enabling fund buyers and allocators to share their business responsibilities, parameters, interests and intentions quickly and securely with asset management firms. This helps asset management fund distribution teams to deliver a superior client experience by communicating relevant, timely and actionable investment information, thereby improving the quality and relevance of engagement between fund buyers and sellers.

The £4m investment round will enable Fundpath to extend the breadth and depth of its systems and data, and to invest in new technologies.

Fundpath Co-Founder & CEO, Jamie Hinchliffe explains: “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.

Subscribe to Citywealth Weekly Newsletter to learn more about Private Wealth Management: https://www.citywealthmag.com/weekly-news-email/