MiddleGame Ventures co-led a funding round for Fundcraft, a pioneering platform aimed at modernizing the fund services industry through intelligent automation and enhanced operational efficiencies.

Information on the Target

Fundcraft is an innovative platform that aims to revolutionize the fund services industry. Founded in 2020 in Luxembourg, it provides a cloud-native, API-first solution designed for modern fund operations. Fundcraft's platform effectively addresses the inefficiencies stemming from outdated technology and manual processes that have long plagued the industry.

By offering a comprehensive technology solution, Fundcraft enhances back-end processes, supports middle-office functions, and improves front-end user interactions. The platform equips fund managers with the necessary tools to navigate evolving regulations and facilitates fundamental operations such as accounting, transfer agency, reporting, compliance, investment management, and corporate secretary services.

Industry Overview in Luxembourg

The fund services industry in Luxembourg has historically struggled with significant fragmentation and a lack of investment. Many firms continue to operate with antiquated systems, leading to in