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Vega Launches AltOS, a Customer Success Software for Alternative Asset Managers, Supported by $20 Million Series A Funding.

Nov 13, 2024over 1 year ago
LondonSoftwareAnalytics

Product Description

Vega has successfully completed a $20 million Series A funding round led by Apollo and Motive to scale its new Core system, AltOS. This platform aims to enhance customer service for Alternative Asset Managers, addressing inefficiencies in their operations.

Company Information

Company

Vega

Location

London, England, United Kingdom

About

Vega is building the distribution operating system (“AltOS”) for the alternatives industry, empowering asset managers to efficiently service and scale their client base in an era of hypergrowth for alternatives. Through a single unified Core engine, Vega orchestrates previously siloed offline processes across pre-trade, execution and post-trade client operations, while enabling asset managers to distribute their products through a scalable “Alternatives-as-a-Service” framework. Vega’s modular, API-driven architecture ensures compatibility with a broad range of existing point solutions and third-party stakeholders, setting the foundations for the first purpose-built infrastructure layer for the alternatives industry.

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