Fundcraft raises €12M for alternative-fund operations
Fundcraft raised €12M to expand its digital infrastructure for alternative investment funds.
Alternative investment funds are still run on surprisingly manual operational infrastructure, creating room for specialised software providers.
What happened
Fundcraft raised €12M to expand its platform for digital fund operations. The company provides infrastructure around administration, reporting and other operational workflows for alternative investment managers.
Why it matters
Private-market funds face growing demands from LPs, auditors and regulators while often relying on disconnected spreadsheets, service providers and legacy systems. Software that centralises those workflows can reduce operational friction and improve transparency.
The bigger picture
As private markets grow, the infrastructure underneath them is becoming a meaningful software category of its own. The opportunity increasingly extends beyond deal sourcing into fund administration, reporting, compliance and investor operations.