FundGuard
FundGuard is the new era investment accounting utility that is transforming legacy investment operations with our AI-powered, cloud native and multi-asset class SaaS platform for asset managers, asset owners, custodian banks and fund administrators. 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.
FundGuard
FundGuard is the new era investment accounting utility that is transforming legacy investment operations with our AI-powered, cloud native and multi-asset class SaaS platform for asset managers, asset owners, custodian banks and fund administrators. 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.
TL;DR
Founded: 2018
Product: AI-powered, cloud-native, multi-asset-class investment accounting SaaS
Latest funding: $100M Series C (Mar 25, 2024, led by Key1 Capital)
Headquarters / Offices: New York; additional offices in Dedham (MA), Tel Aviv, and London
Founders / Leadership: Lior Yogev (CEO), Yaniv Zecharya (CTO), Uri Katz (VP R&D)
Company Overview
Problem Domain
Legacy investment/fund accounting and asset servicing operations
Founded
2018
Industry
Financial Services
Tech Stack
Funding Track Record
$100M
New investors included Euclidean Capital and funds managed by Hamilton Lane; participation from existing investors such as Blumberg Capital and Team8. Reported valuation for the round up to ~$400M.
$40M
Included strategic investors Citi and State Street; participation from prior investors including Blumberg Capital, LionBird Ventures, and Team8 Capital.
$4M
Company emerged from stealth with this seed round.
Investor Signal
“Mix of growth/private investment firms (Key1 Capital, Euclidean Capital, Hamilton Lane, Blumberg Capital, Lion8/Team8) and strategic/industry investors (Citi, State Street), indicating both financial and strategic backing.”