Fundment - About the company
Fundment is a series C company based in London (United Kingdom), founded in 2014 by Ola Abdul. It operates as a White-label robo-advisor solution. Fundment has raised $58.7M in funding from Highland Europe and ETFS Capital, with a current valuation of £*****. The company has 85 active competitors, including 19 funded and 9 that have exited. Its top competitors include companies like 55ip, Marstone and Quantfolio.
Company Details
Fundment provides a white-label automated investment platform for financial advisers. The tool allows financial advisors to offer robo-advisory services to their clients. Fundment allows advisers to assess client needs and risk profile as well as manage their assets through its in-built discretionary fund manager.
- Website
- www.fundment.com/
- Email ID
- *****@fundment.com
- Phone Number
- +44 **********
Key Metrics
Founded Year
2014
Location
London, United Kingdom
Stage
Series C
Total Funding
$58.7M in 3 rounds
Latest Funding Round
Post Money Valuation
£***** as on Jun 29, 2020
Investors
Ranked
3rd among 85 active competitors
Annual Revenue
£1M - £10M as on Dec 31, 2024
Employee Count
82 as on Aug 31, 2026
Legal entities associated with Fundment
Fundment is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FUNDMENT LIMITED CIN: 8884918 , United Kingdom, Active | Feb 10, 2014 | £1M - £10M (As on Dec 31, 2024) | - |
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Fundment's funding and investors
Fundment has raised a total funding of $58.7M over 3 rounds. Its first funding round was on Jun 27, 2017. Its latest funding round was a Series C round on Jan 20, 2025 for $*****. 2 investors participated in its latest round. Fundment has 4 institutional investors.
Here is the list of recent funding rounds of Fundment:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 20, 2025 | 4208958 | Series C | 8406806 | 3206554 | 5003924 | 5823219 |
Jul 09, 2020 | 5212969 | Series A | 9501404 | 8495488 | 8559878 | 1708371 |
Jun 27, 2017 | 2625204 | Seed | 8116465 | 5524880 | 9501773 |
View details of Fundment's funding rounds and investors
Fundment's founders and board of directors
Founder? Claim ProfileHere are the details of Fundment's key team members:
Fundment's Board of Directors
Fundment's board has 2 active members. Ola Abdul and Christopher Booker are part of team.Here is the list of Fundment's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
aohkfyr | Team | - | Current | 5y 7m |
nyj{jsp | Team | - | Current | 9y 7m |
kwhhojt | Independent board member | - | Past | 7y 1m |
dxffvir | Independent board member | - | Past | 5y 8m |
View details of Fundment's Founder profiles and Board Members
Fundment's employee count trend
Fundment has 82 employees as of Aug 26. Here is Fundment's employee count trend over the years:
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Fundment's Competitors and alternates
Top competitors of Fundment include 55ip, Marstone and Quantfolio. Here is the list of Top 10 competitors of Fundment, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | 55ip 2015, Boston (United States), Acquired | White-label robo advisors for advisors & wealth management | $17.5M | 58/100 | |
2nd | Marstone 2013, New York City (United States), Acquired | White label robo-advisory platform | $13M | 56/100 | |
3rd | Fundment 2014, London (United Kingdom), Series C | White-label robo-advisor solution | $58.7M | 50/100 | |
4th | Quantfolio 2015, Bergen (Norway), Series A | Provider of platform for financial institutions to deliver client-facing digital advice | $1.64M | 50/100 | |
5th | White-label robo advisors | $30M | 49/100 | ||
6th | Quantifeed 2013, Hong Kong (China), Series C | White-label robo advisory solutions for wealth management | $14.5M | 48/100 | |
7th | Fount 2015, Seoul (South Korea), Series C | App- based platform for robo advisory services | $49M | 48/100 | |
8th | API-based white-label solution for wealth advisors | $1.51M | 44/100 | ||
9th | CacheTech 2023, Logan (United States), Unfunded | AI-enabled investment advisory software | - | - | 43/100 |
10th | Brookstone Capital Management 2006, Wheaton (United States), Acquired | Investment & risk management firm | - | - | 43/100 |
Looking for more details on Fundment's competitors? Click here to see the top ones
Fundment's Investments and acquisitions
Fundment has made no investments or acquisitions yet.
Reports related to Fundment
Here is the latest report on Fundment's sector:
News related to Fundment
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Tracxn Breaks Down Where UK Fintech Investment is Going as it Reaches $446million in Q1’25
The Fintech Times•Apr 15, 2025•nsave, Quantexa, Fundment, RedCloud and 11 others
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Osborne Clarke outlines role on £45m funding roundInsider Media•Jan 24, 2025•Fundment, Highland Europe, Osborne Clarke, ETFS Capital
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