Bunch, a startup that helps VCs manage funds with its operating system, co-founded by Levent Altunel, has raised $15.5 million in a Series A round led by FinTech Collective. In addition to existing investors Cherry Ventures and Motive Ventures, Broadhaven Ventures, TinyVC and a large group of angel investors also participated in this investment round.
Bunch
Bunch, founded in 2021 by Levent Altunel and Enrico Ohnemüller, offers an operating system developed to enable fund managers of all sizes to trade in private markets. Bunch's platform digitizes traditional processes for everyone involved in the portfolio management process, from GPs to LPs, saving companies time and money. Bunch aims to build on its existing product, expand the range of assets it manages and expand into new geographies globally, primarily in the UK, with the $15.5 million investment. The startup is also looking to grow its team and currently has 21 new open positions on Bunch's site.
Bunch's VC beneficiaries include well-known names such as Laton, 212 and Hummingbird. This investment will allow Bunch to further grow internationally and expand its market share by providing innovative solutions.
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