MDOTM Ltd. has closed a $27 million growth equity round led by Expedition Growth Capital, marking a new funding milestone for the London-based fintech as financial institutions increase investment in AI tools for portfolio management.
Founded in 2015, MDOTM develops AI-driven investment software for asset and wealth managers, banks and insurers. Its platform, Sphere, supports more than $100 billion in assets across over 60 financial institutions, including Morgan Stanley, Amundi and Zurich Bank.
The company said the new funding will be used to accelerate international expansion and hiring across AI research, engineering, product development, sales and client solutions. Total investment in MDOTM now stands at $36.5 million.
The round highlights continued investor interest in infrastructure that helps financial firms apply AI to portfolio construction, rebalancing and client reporting at scale.
Founded in 2015, MDOTM develops AI-driven investment software for asset and wealth managers, banks and insurers. Its platform, Sphere, supports more than $100 billion in assets across over 60 financial institutions, including Morgan Stanley, Amundi and Zurich Bank.
The company said the new funding will be used to accelerate international expansion and hiring across AI research, engineering, product development, sales and client solutions. Total investment in MDOTM now stands at $36.5 million.
The round highlights continued investor interest in infrastructure that helps financial firms apply AI to portfolio construction, rebalancing and client reporting at scale.