AI-powered investment intelligence startup raises new round
IN BRIEF:
Filament’s inbvestment intellifence platform helps the private equity industry
Its platform, called Syfter, provides a way for private equity firms to grow their in-house data infrastructure and develop unique investment strategies by integrating third-party data with existing internal data
The funding came in the form of an Enterprise Investment Scheme (EIS) round led by Wealth Club
What does this mean?
Phil Westcott, co-founder and CEO of Filament said that in addition to the funding, the company can benefit from gaining access to Wealth Club’s network of investors, “many of which work within the world of private equity or have close ties to the sector. This in itself presents a great opportunity for building more ambassadors of the brand and greater awareness of what we offer.”