Berlin-based Bunch, a tech platform that enables investors to syndicate deals across private markets, announced that it has secured €7.3M in a seed round of funding led by Cherry Ventures.
The round also saw participation from embedded/capital.
Numerous angel investors, such as founders of European fintech Adyen, Klarna, Juni, and Moonfare, private market investment, and fintech experts such as Cristina Stenbek, Pip Klöckner, and Jan Deepen’s Discovery Ventures, also participated in the round.
The company says it will use the funds to expand across additional geographies and asset classes.
In addition, Bunch will also use the proceeds to advance its software platform’s technical and product development to make it easier for all investors to participate in private markets.
bunch claims to help remove the barriers of investing collectively, diversifying risk, and democratizing access to unique investment opportunities.
The company claims that over the last three months, they have transacted close to €150M of assets under admin across startup investments and funds.
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