Digital fund operation platform fundcraft has closed its Series A round with an additional €6 million investment led by 3VC and MiddleGame Ventures, bringing its funding to €11 million this year.

fundcraft develops end-to-end digital fund operations that enhance transparency, efficiency, and compliance for asset managers. Its platform centralises and automates fund administration, simplifying regulatory requirements, reporting, portfolio management, and investor engagement. 

Since the initial Series A announcement in May 2024, fundcraft has achieved a 60 per cent increase in the funds managed, representing more than €8.1 billion in commitments. 

Julien De Mayer, Founder and CEO of fundcraft, shared that the company has strong momentum to digitise and transform fund operations for alternative asset managers, “delivering solutions that no other competitor can  currently match.”

Eva Arh, Partner at 3VC, commented: 

“In a market where fund managers often struggle with cumbersome and inefficient fund admin processes – relying on manual tasks, back-and-forth emails, and Excel sheets – fundcraft brings a proven solution to established firms looking to launch new funds or migrate existing ones on a digital platform.” 

The additional funding will support product development, focusing on automation, operational efficiency, and transparency to meet growing demand from alternative investment asset managers—notably mid-market PE funds with complex needs for integrated digital solutions. This builds on its solutions for Venture Capital and Fund of Funds. 

The company also plans to deepen support across Europe and expand its team. 

Lead image: fundcraft. Photo: uncredited.