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Venture Capital News: FundGuard Closes $100M Series C Funding Round

2024-03-25
NEW YORK, FundGuard announced the successful closure of its Series C funding round, amounting to $100 million, led by Key1 Capital.
FundGuard, the industry's first fully cloud-native, AI-powered, multi-asset class investment accounting platform for asset managers, asset owners, custodian banks and fund administrators announced the successful closure of its Series C funding round, amounting to $100 million. This latest round of investment - led by Key1 Capital and new investors including Euclidean Capital and funds managed by Hamilton Lane (Nasdaq: HLNE) - marks another significant milestone on FundGuard's path towards becoming the industry's new era investment accounting utility.
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