Bunch Secures $35M to Transform Private Markets

Bunch, an AI-native fund operations platform for private markets, announced the completion of a $35 million Series B funding round. The investment, led by fintech-focused venture fund Portage, includes participation from Illuminate Financial, Motive Partners, Cherry Ventures, the FinTech Collective, and strategic angel investors. With this round, Bunch has raised over $58 million since its 2021 launch. The funding addresses inefficiencies in the private markets, where outdated systems like spreadsheets and email chains still dominate. By 2030, global private market assets under management are projected to reach $32 trillion, increasing demand for streamlined operations. Bunch’s platform automates workflows such as investor onboarding, capital calls, distributions, and compliance reporting, reducing manual labor and improving accuracy. The company’s AI system processes unstructured financial and legal documents, extracting and tagging key information while ensuring full traceability. This reduces redundant data entry and enhances compliance for institutional-grade asset managers. Bunch also integrates human expertise, assigning fund accountants and compliance officers to handle complex decisions within the platform. Currently, Bunch serves over 150 asset managers overseeing 500 investment structures, with 12,000 limited partners using its digital investor portals. Notable clients include FINVIA Family Office, Passion Capital, Hummingbird VC, Redstone, and Antler. The startup reported a 300% increase in annual recurring revenue (ARR) in 2025 and a net revenue retention rate of 156%. The new capital will expand Bunch’s operations in key financial hubs like the UK, Germany, and Luxembourg. The platform’s ability to navigate multijurisdictional regulatory frameworks positions it as a critical tool for European asset managers scaling operations.