The SaaS platform Gain.pro, which provides investment information to private companies, raised $ 10 million (£ 8.1 million) in its late round of initial funding.
The fresh capital comes from previous investors, industry leaders, an investment division of a European family office, founders, management team and employees.
Gain.pro will use the funding to expand its coverage to private companies, launch new product features and expand its sales and engineering teams.
Headquartered in Amsterdam with offices in London, Gain.pro is a tool for investors to find, learn and monitor companies. Its software uses automation in data collection and analysis.
“More than ever, investors and advisers are demanding deep visibility in the private market. Coming from the industry itself, we really needed a better solution. With Gain.pro, we built the product we would like to use ourselves, “said Frister Haveman, CEO and co-founder.
“This round of funding is a great signal of confidence in our team and strategy, especially because our investors are also avid users of the Gain.pro platform.”
Founded in 2018, Gain.pro’s clients include top investors in the industry such as CVC, Cinven and Bain Capital, M&A Advisors Lazard, Rothschild and Perella Weinberg.
“This additional investment allows us to aggressively scale both our coverage universe and our sales and engineering teams,” said Nicola Ebmeyer, CCO and co-founder, Gain.pro.
“This increase is an important step in fulfilling our mission to enable every investor and advisor to find, understand and track the companies that matter to them.”
The latest round brings the total funding of the startup to $ 10 million.
Competitors include Connectd, which brings together start-ups and investors. It recently raised £ 1.2 million in initial funding last month.