FundGuard

FundGuard provides a cloud-native, AI-powered investment accounting platform tailored for asset managers, asset owners, custodian banks, and fund administrators. The company supports ABOR, IBOR, and NAV Contingency solutions, aiding in digital transformation, operations automation, AI-based insights, resiliency, and cloud migration for investment management. Headquartered in New York, FundGuard also has offices in Boston, London, and Tel Aviv. The company has raised over $150 million in funding, including a $100 million Series C round led by Key1 Capital, with participation from Euclidean Capital and Hamilton Lane. FundGuard’s platform features real-time processing, anomaly detection, workflows, collaboration tools, and rapid onboarding capabilities. It integrates report studio, reconciliation, and operational and management dashboards into an all-in-one solution. The platform utilizes a NoSQL big-data database framework to handle large volumes of data and offers multi-book capability from a single transactional dataset, supporting dimensions like GAAP/Tax and multiple currencies.