SaaS platform Gain.pro, which provides investment insights to private firms, has raised $10m (£8.1m) in its late seed funding round.
The fresh capital has come from previous investors, industry leaders, an investment arm of a European family office, the founders, the management team and employees.
Gain.pro will use the funding to grow its coverage of private companies, launch new product features and for the expansion of its commercial and engineering teams.
Headquartered in Amsterdam with offices in London, Gain.pro is a tool for investors to find, learn about and watch companies. Its software uses automation in the collecting and analysing of data.
“More than ever, investors and advisors require deep private market visibility. Coming from the industry ourselves, we truly needed a better solution. With Gain.pro, we have built the product we would have loved to use ourselves,” said Frister Haveman, CEO and co-founder.
“This funding round is a great signal of trust in our team and strategy, especially because our investors are also avid users of the Gain.pro platform.”
Founded in 2018, Gain.pro’s clients include top industry investors such as CVC, Cinven and Bain Capital, M&A Advisors Lazard, Rothschild and Perella Weinberg.
“This additional investment allows us to aggressively scale both our coverage universe as well as our commercial and engineering teams,” said Nicola Ebmeyer, CCO and co-founder, Gain.pro.
“This raise is an important step towards fulfilling our mission to enable every investor and advisor to find, understand and track the companies that matter to them.”
The latest round brings the startup’s total funding to $10m.
Competitors include Connectd, which brings startups and investors together. It recently raised £1.2m in seed funding last month.
The post Investor tool Gain.pro raises £8m for industry tracking platform appeared first on UKTN | UK Tech News.