Berlin-based fintech bunch, launched by Levent Altunel and Enrico Ohnemüller. FinTech CollectiveIn the Series A investment round led by 15.5 million dollars investment took. heads Cherry Ventures and Motive Ventures, as well as Broadhaven Ventures ve Philipp Moehring’in TinyVCattended.
With the new investment, bunch aims to expand into new asset classes and geographies, focusing especially on the UK market and private equity clients; It also plans to invest in improving platform capabilities through digital analytics and growing its team of fintech and investment experts.
Founded in late 2021, bunch is an end-to-end platform that enables funds and investors to operate, manage and trade in private markets. Its data-centric approach helps GPs and LPs save time, money and mental energy by reducing complexity and replacing legacy providers with technology, as the bunch greatly leverages AI and automation workflows.
“Alternative assets are the fastest growing asset class, but their operational processes are stuck in the past,” says Levent Altunel, co-founder of bunch. Enrico Ohnemüller, the company’s other co-founder, said: “Our Series A investment will accelerate Bunch’s mission to bring this industry into the 21st century and enable the much-needed digital transformation. “We are excited to have true private market experts as investors supporting our vision of transforming the space and are excited to offer our innovative solutions to more investors in Europe and beyond,” he adds.
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