Hanover Park raises $27M in Series A funding led by Emergence Capital to expand its AI-native fund administration platform.
PRIVATEMar 24, 2026
Amount Raised
$27 Million
Round Type
Series A
New YorkVenture Capital
Investors
Susa VenturesLux CapitalEmergence Capital
Description
Hanover Park, a NYC-based provider of an AI-native fund administrator service for private equity and venture capital, raised $27M in Series A funding. The round was led by Emergence Capital with participation from Lux Capital and Susa Ventures. The company plans to use the funds to expand its platform, grow its team, and enhance its services for leading PE and VC firms. Hanover Park has significantly increased its assets under administration over the past year, growing from $1 Billion to $15 Billion.
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Company Information
Company
Hanover Park
Location
New York, New York, United States
About
Hanover Park is a NYC-based provider of an AI-native fund administrator service for private equity and venture capital. The company is developing a platform that combines fund administration, portfolio management, and an LP portal into a single system, delivering institutional-grade accuracy and decision advantage. In the past year, Hanover Park has seen significant growth in assets under administration, rising from $1 Billion to $15 Billion. The company aims to expand its platform to serve more leading PE and VC firms.
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New YorkVenture Capital