Private Markets FinTech Anduin Scores $15M in Series B

  • Fundraising News
  • 19.07.2023 11:00 am

Anduin, a trailblazing FinTech company revolutionising transactions in the private markets, takes centre stage.

In a game-changing move, Anduin recently secured an impressive $15m in series B funding. The round witnessed participation from investors who firmly believe in the vision Anduin represents, demonstrating a continued commitment to innovation and technological development in the private markets sector.

At its core, Anduin aims to transform investor onboarding, a process traditionally seen as a necessary evil for both GPs (General Partners) and LPs (Limited Partners). The company has been diligently closing the infrastructure gap between GPs and LPs, providing superior investor experiences and enabling GPs to onboard a significant number of investors. By focusing on digital solutions, Anduin makes the onboarding process smoother and more efficient, helping to eliminate the tedious task of sifting through spreadsheets, emails, and paperwork.

With the fresh capital of $15m in their pocket, Anduin plans to supercharge its impact by expanding the scope and scale of its critical infrastructure. The funding will be instrumental in further supporting strategic leaders globally in their investor onboarding needs and beyond.

Over the years, Anduin has quietly risen to become an integral part of the investor relations operations for many top private market professionals. In 2022 alone, a staggering 4% of all global capital raised was facilitated by Anduin, marking a significant footprint in the industry. The company has helped hundreds of future-forward GPs onboard over 27,000 investors and raise more than $55bn in capital, proving the effectiveness and influence of its model.

In a statement, an Anduin spokesperson expressed their gratitude, “We remain grateful to every investor who believed in our vision, every GP, LP, fund administrator, and law firm that gave us feedback, and every Anduin colleague that strove for excellence. Thank you for pushing us to build better private markets for everyone.”

Anduin’s Series B funding follows its impressive journey in closing the infrastructure gap in the private markets and revolutionising transactions, setting a high bar for the future of the FinTech industry.

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