Founded in 2009, Fundguard is an innovative, award-winning, cloud-based, SaaS platform that delivers real-time visibility and control over your critical assets and investments. By deploying a combination of AI, artificial intelligence, and machine learning, the company’s SaaS solution helps you to manage your assets more efficiently, protect your data, and increase profitability.
About the company
Powered by artificial intelligence, FundGuard is an AI-powered SaaS investment management platform that helps asset managers manage their investments. It also supports digital transformation and the cloud. It uses modern cloud technologies to streamline workflows, enhance the investment accounting process, and generate actionable insights. The company employs over 50 people in Israel.
FundGuard’s AI-powered investment management platform is designed to help asset managers and fund administrators manage their investments across asset classes, while reducing costs and generating actionable insights. Its advanced solution identifies and resolves exceptions proactively, and generates actionable insights and recommendations to improve investment performance. It offers customizable thresholds for rules-based trading.
FundGuard also offers an enhanced investment accounting solution. Its intelligent technology detects and resolves anomalies, and automatically identifies and displays the best investments and the best time to buy and sell. Its smart features and automation solutions provide comprehensive, real-time oversight of investments and assets across multiple asset classes, including alternative and traditional funds, equities, and fixed income.
Recent hires
Continuing to demonstrate its ability to lead the pack, FundGuard has recently added some key strategic investors. This includes a handful of companies that are on the cutting edge of AI technology. These include Qumra Capital, which named FundGuard as a top growth company in its Tomorrow’s Top Growth Companies report. These investments will help the company meet the growing demand for technology from alternative funds and insurers.
The company has also recently announced a strategic partnership with State Street Corp. Specifically, the two companies will offer a jointly funded digital asset solution. The platform uses AI to identify anomalies, auto resolve exceptions and provide real-time recommendations on improvements to operations. It also features customizable thresholds for rules-based trading.
The company also announced a number of other key milestones, including a new investment accounting solution, support for digital assets, the appointment of a new president and more. The company has also more than doubled its global team in the last year. It has also closed a number of important funding rounds. These include a $12 million Series A funding round, a $40 million Series B funding round and the recent addition of Team8 Capital as a strategic investor.
AI-powered platform replaces decades-old solutions
Using artificial intelligence (AI), FundGuard develops a cloud-native SaaS investment management platform that helps fund administrators manage investments. The company’s clients include ETFs, mutual funds, pensions, insurers, and other asset managers. This technology helps reduce operational costs by improving collaboration, reporting, and operations automation. Using AI, FundGuard also helps asset managers improve performance by identifying data mismatches, resolving data breaks, and performing exception management.
FundGuard’s system is scalable, flexible, and adaptive to meet new challenges, and continues to evolve as industry trends change. FundGuard has a bold vision for transforming the underserved market, and is poised to meet the growing demand for alternative and private funds. The company has raised $16 million in funding. FundGuard is led by CEO Lior Yogev, and has partnerships with some of the largest fund administrators in the world.
The company is backed by Team8 Capital, Blumberg Capital, and LionBird Ventures. Its initial investors include Citi, State Street Corp., and HSBC.
Future plans
Founded by a former JP Morgan Chase executive, FundGuard is a software-as-a-service (SaaS) investment management platform that uses artificial intelligence (AI) to improve the investment performance of fund managers. It is built to simplify the management of investments across asset classes. Its platform generates actionable insights, improves fund performance and automates fund administration.
FundGuard is based in New York, with offices in Tel Aviv. It supports alternative funds, insurance companies and partnerships. It provides detailed reviews of corporate actions, cash, holdings and investments, and is customizable for rules-based trading. FundGuard also streamlines workflows and reduces costs. FundGuard is designed to replace decades-old solutions. It has also raised $16 million in Series A financing, led by Team8 and Blumberg Capital. FundGuard is also backed by Maccabee Ventures and Mindset Ventures.
Conclusion
FundGuard’s new Sales Director is Kirk Littleton, who previously led sales for InvestCloud’s accounting and trading platform. He has over 25 years of experience in investment management technology sales leadership. He has previously worked at SunGard, Bank of New York Mellon, and Citibank.
