FundGuard Closes $100M in Series C Funding


FundGuard, a NYC-based multi-asset class investment accounting platform provider, raised $100M in Series C funding.

The round was led by Key1 Capital, Euclidean Capital, and Hamilton Lane, with participation from Blumberg Capital and Team8.

The company intends to use the funds to accelerate new product capabilities and further expand its market reach.

Led by President John Lehner, and CEO Lior Yogev, FundGuard FundGuard provides a cloud-native, AI-powered, multi-asset class investment accounting platform for asset managers, asset owners, custodian banks and fund administrators. The round follows two years of evolution and expansion, including new client acquisition, customer onboarding, hiring of talent across customer success, R&D, product management and sales, and the opening of the company’s Boston, London and Toronto offices.