73 Strings funding news – Paris-based 73 Strings Secures $55M in Series B Round Funding

The round was led by Growth Equity at Goldman Sachs Alternatives, with continued investment from Blackstone Innovations Investments and participation from Golub Capital, Hamilton Lane (Nasdaq: HLNE) and Broadhaven Ventures, solidifying 73 Strings’ reputation as the trusted partner in enabling faster, more automated, and higher-frequency valuation and monitoring processes.

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Yann Magnan, Co-founder and CEO said, “This Series B is a pivotal milestone for 73 Strings, There is exponentially greater demand on the Alternative Asset markets, and Managers need similarly greater flexibility to understand their portfolio performance. Our teams are working day and night to create the best data extraction, monitoring and valuation tools for these markets so that every participant – from allocators to managers to retail investors – can benefit from a more holistic, efficient and intelligent understanding of their investments as they focus on value creation.”

Mr Magnan continued: “The trust of Goldman Sachs and Blackstone, coupled with support from Golub Capital, Hamilton Lane, Fidelity International Strategic Ventures, and Broadhaven Ventures underscores confidence in our technology, team, and vision.”

Jade Mandel, an Investor at Growth Equity at Goldman Sachs Alternatives who is joining the Board of 73 Strings said, “73 Strings’ intelligence platform is designed to help Alternative Asset Managers adapt to the increasing complexity of private markets investing, By accelerating the adoption of modern data architecture and flexible, efficient workflows, 73 Strings is positioning itself as a software inflection point for the private markets industry. We are excited to support this team and their innovative vision of transforming how private capital firms use data and intelligence and drive decision-making.”

A Category-Defining Multi-Strategy Solution

Trusted by the largest alternative asset managers in the world, with clients who manage nearly $10 trillion in assets (AUM), 73 Strings’ platform enables the delivery of faster, more frequent valuations with enhanced transparency, superior data accuracy, and actionable intelligence—all at the click of a button. This is the only solution without any independence or service conflicts seamlessly serving both equity and credit.

Abhishek Pandey, Co-Founder and Deputy CEO said, “We’re proud to have the trust of world-class investors and global clients who share our vision and are helping set the industry standard with 73 Strings, This investment accelerates our mission to push the boundaries of what’s possible, delivering next-generation solutions that bring unrivaled intelligence, efficiency, and innovation to the private capital markets."

About 73 Strings

73 Strings is an innovative technology providing comprehensive data extraction, monitoring, and valuation solutions for the private capital industry. The company’s AI-powered platform streamlines middle-office processes for alternative investments, enabling seamless data structuring and standardization, monitoring, and fair value estimation at the click of a button. 73 Strings serves clients globally across various strategies, including Private Equity, Growth Equity, Venture Capital, Infrastructure and Private Credit.