FundGuard News
11 articles
Mor joins from Check Point where he served as CTO of CloudGuard.
FundGuard, an AI-powered cloud-native investment accounting platform, has expanded its leadership team by appointing Shali Mor as VP of Engineering. Shali Mor brings extensive experience from previous roles at Protego, Check Point, and Cisco. FundGuards platform is utilized by global financial institutions to manage investment portfolios worth trillions of dollars. The company has raised $150 million, including a recent $100 million Series C round, and employs 160 people, with a significant presence in Tel Aviv. FundGuard is recognized for its innovative approach in the asset servicing industry, aiming to replace legacy platforms with its advanced SaaS solutions.
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FundGuard נבחרה ברשימת 100 חברות הפינטק החדשניות ביותר של CB Insights | New-Tech OnLine
FundGuard, a fintech startup, has been recognized by CB Insights as one of the top 100 innovative fintech companies globally. The company leverages advanced AI technologies to manage investment portfolios worth trillions of dollars. FundGuards SaaS platform supports a wide range of financial products and facilitates digital transformation and operational efficiency for global financial institutions. This year, FundGuard raised $100 million, bringing its total funding to $150 million, with major investors including Citi and State Street, who are also its customers. The company is expanding its workforce, currently employing 140 people, with plans to hire more for technological roles.
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FundGuard מגייסת עשרות עובדים לפיתוח פלטפורמת ה-AI לניהול תיקי השקעות | בלומר
FundGuard, a startup developing an AI-based cloud platform for major investment bodies, recently completed a Series C funding round of $100 million. The funds will be used to expand the companys operations. FundGuards SaaS platform helps global financial institutions manage investment portfolios worth trillions of dollars, offering automation, improved workflows, and enhanced collaboration. The company is currently recruiting for various technical positions, including developers and product managers. FundGuards technology addresses the increasing complexity and regulatory demands in the investment management industry by leveraging advanced technologies such as AI, machine learning, big data, and multi-cloud solutions.
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Top 5 most promising AI startups in Israel - 2024 | CTech
Exodigo, Pinecone, FundGuard, Robust Intelligence, and D-ID are the top five AI companies in Calcalists annual list of the Top 50 Most Promising Israeli Startups. Exodigo, founded by IDF intelligence unit alumni, has developed an AI solution for underground mapping. Pinecones vector database has disrupted the $9 billion search infrastructure market. FundGuard has developed a cloud-native SaaS platform for investment management and administration powered by AI. Robust Intelligence develops an AI Firewall that monitors and corrects data that causes mistakes and risks in real time. D-ID focuses on the humanization of bots.
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FundGuard secures $100 million Series C for AI-powered investment platform | CTech
FundGuard, an Israeli startup that develops a cloud-native, AI-powered, multi-asset class investment accounting platform, has raised $100 million in a Series C funding round. The round was led by Key1 Capital and included new investors Euclidean Capital and funds managed by Hamilton Lane, as well as existing investors Blumberg Capital and Team8. The company, which helps asset managers and their service providers manage various types of funds, will use the funding to support digital transformation, operations automation, AI-based insights, resiliency, and migration to the cloud. FundGuard has raised over $150 million to date.
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כיצד פועל הסטארטאפ הישראלי שרוצה להיות "הסיילספורס של המשקיעים"?
Investment management platform FundGuard closes $40 million Series B, including from Citi and State Street CTech
FundGuard, a SaaS investment management and asset servicing platform, has closed a $40 million Series B funding round. The round included strategic investors Citi and State Street Corp, bringing the total investment in FundGuard to over $55 million. Citi and State Street Corp will become clients of FundGuard following their investment. The company plans to use the new capital to double its headcount over the coming year.
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Investment Management Platform FundGuard Closes $40 Million Series B Funding
FundGuard, an AI-powered SaaS investment management and asset servicing platform, has closed a $40 million Series B funding round. The round included strategic investors Citi and State Street Corp, as well as other initial investors. This funding will accelerate FundGuards growth and allow them to attract top talent. The company has had a successful year, acquiring new customers, launching an enhanced investment accounting solution, and appointing a new president. Citi and State Street Corp have joined as strategic partners and investors, endorsing FundGuards vision to build new-generation global asset servicing capabilities. The total investment in FundGuard now exceeds $55 million in 3.5 years.
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Israeli AI SaaS co FundGuard raises $12m
FundGuard, an Israeli AI-powered SaaS investment management and asset servicing enterprise platform, has closed a $12 million Series A financing round. The round was led by Team8 and included participation from existing investors Blumberg Capital and LionBird Ventures, as well as new investors. The funding brings FundGuards total raised to $16 million. The investment will be used for product development, supporting partnerships with major fund administrators and asset managers, and meeting increasing demand from alternative funds and insurance companies. FundGuards platform replaces outdated solutions in the investment management industry and offers automation, scalability, and real-time transparency for funds.
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JP Morgan Former Executives Back FundGuard's Next Generation Asset Management Platform
FundGuard, a provider of a SaaS investment funds operating system powered by AI, has announced the availability of its Contingency and Oversight NAV product. The product has undergone testing with several large banks and asset managers and aims to transform the industry by offering real-time transparency and improving operations and technology efficiencies. FundGuard leverages modern cloud technologies and applies AI to identify anomalies and suggest operations improvements. The company is backed by venture firms Blumberg Capital and LionBird, as well as a team of banking and securities services executives. The product is expected to address the outdated technology and lack of innovation in the asset management industry.
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FundGuard Launches Investment Management SaaS Platform and Secures $4 Million in Seed Funding
FundGuard, a cloud-based investment funds operating system powered by AI, has announced its launch and $4 million in funding led by Blumberg Capital and LionBird. The company plans to use the capital to accelerate the development of its platform and bring operational efficiencies to market. FundGuards platform helps asset managers, custodian banks, and fund administrators manage investments across various asset classes. It uses machine learning and AI to identify anomalies and potential fraud, providing real-time support and recommendations to its customers. The company aims to address industry challenges caused by outdated technologies and changing regulations. FundGuards Contingency and Oversight NAV product offers a fully automated operating system to protect funds data and valuation during core systems failures and cyber attacks. The company was founded by former officers of Israels Defense Forces Unit 8200.
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