Instinct Digital, a London-based SaaS solution designed to streamline and automate key aspects of funds and investor reporting, has closed €6 million in Series A funding.
Investors
The round was led by AlbionVC, a venture capital firm that supports visionary founders with long-term capital and scale-up expertise. Founded in 1996, today they are partners to early-stage UK B2B software and healthcare companies. The firm manages approximately $1 billion in venture funds, currently invested in over 50 companies.
Instinct Digital Use of Funds
The company will use the funding to onboard and support new clients, deepen partner integrations, and expand further into new geographies, including the US.
About Instinct Digital
Instinct Digital provides a cloud-based investment reporting and communication platform that acquires and aggregates reporting assets from internal and external sources. It unifies, manages, and optimizes all reporting operations, including report production, distribution, analytics, and the digitization of communications. Instinct Digital's solutions are tailored to meet the digitalization needs of asset management firms, helping them enhance customer service, operational efficiency, and regulatory adherence. The platform is available in 37 languages across 40 countries.
Funding Details
Company: Instinct Digital Limited
Raised: €6.0M
Round: Series A
Funding Month: July 2024
Lead Investors: AlbionVC
Additional Investors:
Company Website: https://instinctdigital.io/
Software Category: Investment Reporting and Communication
Source: https://www.eu-startups.com/2024/07/london-based-instinct-digital-raises-e6-million-to-become-the-benchmark-in-investor-reporting/