Fundz

Investment Management Platform Fundguard Closes $40 Million Series B Funding

PRIVATEApr 19, 2022

Amount Raised

$40 Million

Round Type

Series B

BostonInformation TechnologyFinancial ServicesSoftware

Description

FundGuard, the AI-powered SaaS investment management and asset servicing enterprise platform, announced today that it has closed a $40 million Series B funding round. The investment round included large strategic investors Citi and State Street Corp, who joined initial investors Blumberg Capital, LionBird Ventures, Team8 Capital, and other investors to back the company's future-ready technology approach to asset servicing.

Quick answer

FundGuard raised $40 Million in a Series B round, dated April 19, 2022. FundGuard is based in Boston, Massachusetts, United States.

How much did FundGuard raise?
FundGuard raised $40 Million in a Series B round on April 19, 2022.
What does FundGuard do?
FundGuard is the new era investment accounting utility.
Where is FundGuard based and how big is it?
FundGuard is based in Boston, Massachusetts, United States.
Who are the decision-makers at FundGuard?
Fundz holds 1 contact at FundGuard. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Software around the same time

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

  • Pluto raised $4M (Seed) on June 3, 2022.
  • Bellatrix Aerospace raised $8M (Funding Round) on June 1, 2022.
  • Zenbase raised $4.1M (Seed) on May 31, 2022.
  • Vendia raised $30M (Series B) on May 31, 2022.
  • Republic raised $100M (Series A) on May 31, 2022.
  • Mondu raised $43M (Series A) on May 30, 2022.

Who to call at FundGuard, and when

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

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

Works inside ChatGPT and Claude. Ask who to call at FundGuard. With Fundz connected, it knows.

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Company Information

Company

FundGuard

Location

Boston, Massachusetts, United States

About

FundGuard is the new era investment accounting utility. Our cloud-native, AI-powered operating system and technology platform is transforming investment operations and existentially changing asset servicing to enable reduced fees and the ability to offer new and innovative products - including digital asset services and support for sustainable investing - at scale today and tomorrow. Led by an experienced team of technology innovators and industry experts, our mission is to help investors around the world to accumulate and grow their assets safely and efficiently.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment FundGuard 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

FundGuard 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.