London, United Kingdom - Fundpath, a leading financial services company developed in conjunction with wealth and asset managers to modernize the fund-buying process, announced that it has raised $4,877,000 in a seed funding round led by Fuel Ventures. The investment will be used to further develop Fundpath’s technologies and expand its customer base.
Jamie Hinchliffe, Co-Founder of Fundpath said “We are excited to have the support of Fuel Ventures for our innovative technology platform which harnesses the power of collective data, AI, and technology to make fund buying more efficient and reduce wastage. We believe this is an important step forward for the financial services industry.”
Fundpath's platform is designed to increase efficiency and provide more insightful data so that customers can make better decisions when selecting funds. By improving engagement with clients through the use of technology and reducing wastage associated with traditional methods of fund selection, Fundpath aims to promote a low-carbon future.
Fuel Ventures founder commented “We are delighted to lead this funding round for Fundpath as they are working on something truly innovative in the world of financial services. Their platform promises to revolutionize how funds are bought and sold by leveraging AI-driven insights that streamline operations while keeping costs down.”