11 May 2023

Filament raises £2.85m

Written By FinTech Alliance

Filament raises £2.85m

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.”

Read more here.

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