Sightglass, a Portland, Oregon-based AI-powered investor relations platform for private markets, has raised $3 million in seed funding.
Investors
The round was led by Base10 Partners, a San Francisco-based venture capital fund investing in founders who believe purpose is key to profits and in companies that are automating sectors of the Real Economy. Through its program the Advancement Initiative, Base10 donates 50% of profits to underfunded colleges and universities to support financial aid and other key initiatives.
Sightglass Use of Funds
The company plans to use the funding to accelerate product development and expand its market presence.
About Sightglass
Founded in 2022 by Thomas Buley, Sightglass is an AI-powered investor relations platform serving investment managers and capital allocators. The platform automates critical processes, including data sharing and due diligence questionnaires (DDQs). With a mission to enhance transparency, trust, and efficiency in private markets, Sightglass enables investor relations professionals to focus on fostering long-term relationships with limited partners.
Funding Details
Company: Sightglass, Inc.
Raised: $3.0M
Round: Seed Round
Funding Date: December 2024
Lead Investor: Base10 Partners
Additional Investors:
Company Website: https://www.usesightglass.com/
Software Category: Investor Relations
Source: https://www.prnewswire.com/news-releases/sightglass-raises-3m-seed-round-led-by-base10-partners-for-ai-powered-investor-relations-platform-for-private-markets-302324425.html