£55m Investment Boosts Growth for FINBOURNE Technology Company
Highland Europe and AXA Venture Partners (AVP) have announced a significant investment of £55m in FINBOURNE Technology, a leading provider of investment management solutions and a cloud-native data management platform. The funding, led by Highland Europe and AVP, will drive global expansion and support the next phase of commercial development for FINBOURNE.
With operations in the US, UK, Ireland, Singapore, and Australia, FINBOURNE's solutions deliver an interconnected network of functionality and data that empowers the investment community to better serve clients in an ever-evolving market.
The latest funding round follows a Series A round of £15m in 2021 and demonstrates investor confidence in FINBOURNE's high-growth business model and client base.
In the last 12 months, FINBOURNE has secured new clients in the global investment management, banking, and capital markets sectors, including Northern Trust, Omba Advisory, and the Pension Insurance Corporation (PIC). Thomas McHugh, CEO and Co-founder of FINBOURNE Technology, expressed gratitude for the support from investors, stating that the funding will enhance go-to-market strategies and enable more global firms to access a consolidated view of financial data across front, middle, and back-office operations.
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