Homepeer to peer lendingBunch raises €7.3m to build ‘the operating system’ for private market investors

Bunch raises €7.3m to build ‘the operating system’ for private market investors

[ad_1]

Alternative LendingSavings and Investment

Berlin-based Bunch was founded in 2021, launched its investment pooling product in Germany and the Netherlands in a private beta and now has almost €150m in assets under administration.

Image source: Enrico Ohnemüller and Levent Altune/Bunch

Bunch, a fintech company offering a platform for investors to access private markets has raised a €7.3mi seed round led by Cherry Ventures.

A number of angel investors including the founders of European fintechs like Adyen, Klarna, Juni, and Moonfare also joined the round. Embedded/capital, who led Bunch’s previously undisclosed pre-seed round, also participated. 

Founded by Enrico Ohnemüller and Levent Altune (pictured), Bunch’s tech platform helps investors to syndicate deals across private markets. 

Ohnemüller was formerly working for Finleap and Goldman Sachs and Altune, formerly for Citigroup and Roland Berger before becoming an early-stage investor for a Berlin-based VC fund.

Berlin-based Bunch was founded in 2021, launched its investment pooling product in Germany and the Netherlands in a private beta and now has almost €150m in assets under administration.

Following the funding round, Bunch will use its new cash to expand across additional geographies and asset classes. 

“Investors have been waiting for a solution like this that takes away all the admin work of investing and helps investors to become more professional at the same time,” said Altune.

“We are giving our customers access to a toolset that previously was only available for the largest private investors, including pro-rata monetisation protecting dilution on your winners and risk diversification through collective investing. We are building on top of larger tech organizations for scalability which allows us to focus on customer value and process flexibility from day one,” said Ohnemüller.

Bunch, a fintech company offering a platform for investors to access private markets has raised a €7.3mi seed round led by Cherry Ventures.

A number of angel investors including the founders of European fintechs like Adyen, Klarna, Juni, and Moonfare also joined the round. Embedded/capital, who led Bunch’s previously undisclosed pre-seed round, also participated. 

Founded by Enrico Ohnemüller and Levent Altune (pictured), Bunch’s tech platform helps investors to syndicate deals across private markets. 

Ohnemüller was formerly working for Finleap and Goldman Sachs and Altune, formerly for Citigroup and Roland Berger before becoming an early-stage investor for a Berlin-based VC fund.

Berlin-based Bunch was founded in 2021, launched its investment pooling product in Germany and the Netherlands in a private beta and now has almost €150m in assets under administration.

Following the funding round, Bunch will use its new cash to expand across additional geographies and asset classes. 

“Investors have been waiting for a solution like this that takes away all the admin work of investing and helps investors to become more professional at the same time,” said Altune.

“We are giving our customers access to a toolset that previously was only available for the largest private investors, including pro-rata monetisation protecting dilution on your winners and risk diversification through collective investing. We are building on top of larger tech organizations for scalability which allows us to focus on customer value and process flexibility from day one,” said Ohnemüller.

Sign up for our newsletters

[ad_2]

RELATED ARTICLES

Most Popular

Recent Comments