NEW YORK AND TEL AVIV – September 15, 2022 – FundGuard, the AI-powered SaaS investment management and asset servicing enterprise platform, today announced that they have been selected by Qumra Capital as one of “Tomorrow’s Top Growth Companies” at Mind the Tech NYC, the industry’s leading tech and innovation conference.
“We are proud to receive this recognition from Qumra Capital,” said Lior Yogev, CEO and Co-Founder, FundGuard. “The FundGuard platform is on track to act as the underpinning for the fund management industry as it adapts to the increased need for real time information on diverse portfolios, cost pressures and demand for increased transparency – all in service to the end investor. The industry is ripe for transformation and our rapid growth is a testament to this.”
“FundGuard embodies these major characteristics we looked for when naming Tomorrow’s Growth Companies: True innovation, a big market opportunity, a proven product-market-sales fit and business model, and a strong and skilled leadership team that is laying down the foundations to build a global leader,” said Erez Shachar, Managing Partner of Qumra Capital.
Dozens of companies applied to be included in the prestigious list. The selection committee, made up of top investment professionals from the Israeli tech eco systems, looked for innovative companies with the potential to make a huge difference and lead their categories.
FundGuard is a next-generation SaaS platform for investment management and administration, powered by AI. Their offering helps asset managers and fund administrators to manage mutual funds, ETFs, hedge funds, insurance products, and pension funds, supporting digital transformation, operations automation, AI-based insights, resiliency, and migration to the cloud. FundGuard is backed by strategic partners including Citi and State Street, venture firms Blumberg Capital, LionBird Ventures, and Team8 Capital among others, as well as industry executives Heidi Miller, Jack Klinck, Jay Mandelbaum and others.
Please visit www.fundguard.com
About Qumra Capital
Qumra is Israel’s’ leading growth capital provider. With over $800 in AUM, Qumra is managed by Boaz Dinte, Erez Shachar, Sivan Shamri Dahan and Sharon Barzik Cohen. The fund’s portfolio includes successful IPOs such as Fiverr, JFrog, Riskified, Talkspace and Taboola as well as hyper growth technology companies such as AppsFlyer, Minute Media Simply (formerly JoyTunes), At bay and many more.
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