Berlin-based bunch has closed a $35 million Series B round, adding fresh capital to a growing segment of financial infrastructure focused on modernising private markets operations.
The round was led by Portage, with participation from Illuminate Financial and follow-on backing from existing investors Motive Partners, Cherry Ventures and Fintech Collective, alongside additional angel investors. bunch said it has now raised more than $58 million in total.
Founded in Berlin, bunch builds an AI-native fund operations platform for private markets, offering private equity and venture capital managers a digital operating layer across the fund lifecycle. The company is targeting a part of the market still heavily reliant on spreadsheets, email and fragmented back-office workflows.
According to the company, the new funding will be used to drive commercial expansion across Europe, deepen automation and AI capabilities, and scale the platform across new geographies, asset classes and operational workflows. That includes growth in key European markets such as Germany, the UK and Luxembourg, as well as further development of workflows spanning capital calls, compliance, distributions and reporting.
The investment reflects continued investor interest in infrastructure software serving private markets, as firms face rising operational complexity, regulatory demands and pressure to scale across jurisdictions.
The round was led by Portage, with participation from Illuminate Financial and follow-on backing from existing investors Motive Partners, Cherry Ventures and Fintech Collective, alongside additional angel investors. bunch said it has now raised more than $58 million in total.
Founded in Berlin, bunch builds an AI-native fund operations platform for private markets, offering private equity and venture capital managers a digital operating layer across the fund lifecycle. The company is targeting a part of the market still heavily reliant on spreadsheets, email and fragmented back-office workflows.
According to the company, the new funding will be used to drive commercial expansion across Europe, deepen automation and AI capabilities, and scale the platform across new geographies, asset classes and operational workflows. That includes growth in key European markets such as Germany, the UK and Luxembourg, as well as further development of workflows spanning capital calls, compliance, distributions and reporting.
The investment reflects continued investor interest in infrastructure software serving private markets, as firms face rising operational complexity, regulatory demands and pressure to scale across jurisdictions.