FINBOURNE raises £55 million

FINBOURNE has raised £55 million in a Series B funding round led by Highland Europe and AXA Ventures Partners.

Founded in 2016, the London-based company offers investment management solutions and a cloud-native data management platform. Some of the solutions being offered include investment and accounting books of record, a portfolio management platform that tracks positions, cash, P&L and exposure, and data virtualization.

This investment will fund the next phase in FINBOURNE’s commercial development, including expanding its sales, product and marketing capabilities in the US, UK, Ireland, Singapore and Australia.

“Over the past few years, FINBOURNE has built a revolutionary SaaS platform that is enabling many of the world’s biggest financial institutions to move from legacy, siloed solutions to a modern data architecture, allowing full, real-time visibility and optimal decision making. We look forward to supporting the FINBOURNE team as it expands operations globally to support more clients and continues its mission to deliver cost and operational efficiencies at scale.” – Tony Zappala, Partner, Highland Europe.

“When the team first showed me in 2020 that they could integrate investment data from the full universe of assets held by managers into a single platform, they had me hooked. Today this is a clear differentiator and especially important to the emerging AI wave. We are excited to help FINBOURNE as they expand their product suite and bring its benefits to a broader set of financial services customers.” – Imran Akram, General Partner, AVP.