MDOTM Raises $27M in Growth Equity Funding Round

The company plans to use the funding to expand its proprietary platform internationally, grow its enterprise sales efforts across the United States and Europe, and hire more talent in AI research, engineering, and client solutions.

MDOTM has become a leading AI provider for the investment industry, serving major financial institutions such as Morgan Stanley, Amundi, and Zurich Bank. The company now works with more than 60 financial institutions across the U.S., U.K., and Europe.

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Its AI platform, Sphere, supports over $100 billion in assets under management (AUM), helping investment firms use AI to manage increasingly complex portfolios.

Asset and wealth managers are facing lower fees while also needing to deliver more personalized investment services. At the same time, growing amounts of market data and AI insights are making portfolio management more complex, making it difficult to scale by simply hiring more investment professionals.

To address these challenges, MDOTM developed **Sphere**, its AI platform for asset and wealth managers. Sphere analyzes market and economic data to identify trends and provide investment insights, while allowing firms to include their own market views. It helps teams build, customize, and rebalance portfolios at scale. The platform also uses generative AI to create personalized portfolio updates and client reports automatically.

“Financial institutions have spent the last decade buying back-office and front-end software, but the work in the middle still happens in spreadsheets: rebalancing, keeping portfolios aligned with house views and generating client commentary. MDOTM has built the AI infrastructure that finally scales that work, with the explainability and governance institutional buyers demand,” said Steve Twomey, Partner at Expedition Growth Capital.

“Asset and Wealth Managers are no longer asking whether to use AI in investment decisions, but how to deploy it at scale across thousands of portfolios while maintaining control,” said Migliore. “That is exactly what Sphere was built to enable, which is why leading financial institutions are already running the platform in production. This investment will help us expand our team and meet accelerating demand in the US and European markets.”

About MDOTM Ltd

Founded in 2015 by Tommaso Migliore, Federico Mazzorin, and Federico Invernizzi, MDOTM is a global AI investment technology company with headquarters in London and offices in New York and Milan. The company provides AI-powered investment solutions for asset and wealth managers, banks, and insurance companies. Its proprietary platform, Sphere, is built for human-AI collaboration and helps investment teams make better decisions.

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