Instinct Digital funding news – London-based Instinct Digital Secures £5Million in Series A Round Funding
Jul 16, 2024 | By Team SR
Instinct Digital, a software designed to streamline and automate key aspects of funds and investor reporting, secures £5million in series A round funding, led by AlbionVC.
SUMMARY
- Instinct Digital, a software designed to streamline and automate key aspects of funds and investor reporting, secures £5million in series A round funding, led by AlbionVC.
- The goal of Instinct Digital is to modernise the investment sector by making it more client-focused, comprehensible, and accessible.
A cloud-based platform for investment reporting and communication has been created by Instinct Digital. It gathers and combines reporting materials from both internal and external sources, combines, organises, and streamlines all reporting processes.
This covers the creation, dissemination, analytics, and digitalization of communications reports. Clients experience at least 70% faster delivery times, better quality and accuracy that is available in 40 countries and 37 languages, and considerable time and cost savings as a result, all while maintaining brand consistency and regulatory compliance.
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With the help of the fundraising round headed by AlbionVC, a venture capital firm based in London that supports innovative founders and technologies, Instinct Digital will be able to support and onboard new clients, strengthen partner integrations, and reach new markets, including the US.
Cassian Scott, CEO of Instinct Digital, commented: “We are delighted to partner with AlbionVC on the next stage of our journey. Our prestigious clients are fundamental to our success, along with our partners and team who have enabled Instinct to build a product that has the potential to become the benchmark in investment communications and reporting for investors. On behalf of the Board and the Executive team I extend my sincere thanks to all who have chosen and supported, and those that continue to support, our firm.”
Robert Whitby-Smith, Partner at AlbionVC said, "When the market-leading solution meets a large market with an urgent need for innovation, great things happen. The team behind Instinct Digital have a track record of success in both the industry they are providing a solution for, and in scaling enterprise software businesses. Cassian is an ambitious CEO with an exceptional team who is executing at pace, motivated by the large market opportunity. We are delighted to partner with Cassian and Team Instinct as they build the category leader in investment communication and reporting.”
About Instinct Digital
The goal of Instinct Digital is to modernise the investment sector by making it more client-focused, comprehensible, and accessible. Their aim is to revolutionise the way investment managers interact with their clients and streamline investor communication through the provision of digital first solutions.
Their investment communication platform makes this possible by providing reliable data, consistent reporting, and an exceptional client experience from a single platform, thereby bringing together investment companies and their clients across the whole client journey.
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