Juniper Square, a provider of connected fund software and services for private markets, has announced the completion of its Series D funding round.
The company has raised $130m in fresh capital, with the round led by Ribbit Capital. Other major participants include Fifth Wall, Redpoint Ventures, HighSage Ventures, Blue Owl Capital, and several additional investors.
Juniper Square offers a comprehensive platform designed to simplify fund management for private markets general partners (GPs). Its solutions support various operations, including fundraising, fund administration, reporting, treasury, compliance, and business intelligence, across over 40,000 funds and $1trn of limited partner (LP) capital.
The new capital will primarily be used to accelerate the development of JunieAI, an enterprise-grade AI platform built specifically for private markets GPs.
JunieAI integrates large language models with Juniper Square’s fund system of record, comprehensive workflows, industry integrations, and robust security frameworks to help GPs enhance efficiency across investor relations, fund administration, portfolio management and investment decision-making.
As part of its AI offering, JunieAI delivers AI-powered agents capable of managing structured and unstructured data from various sources, such as emails and documents, while integrating seamlessly with existing GP tools.
Juniper Square CEO and co-founder Alex Robinson said, “The private markets are undergoing a once-in-a-generation transformation driven by two tsunamis of change: the rise of the retail investor and the breakthrough potential of AI.
“Our mission is to equip GPs with the technology and services they need to thrive in this new era. With JunieAI, we’re helping our customers stay ahead—turning disruption into opportunity across every facet of work inside of the modern GP.”
Ribbit Capital general partner Nick Shalek said, “Juniper Square is uniquely positioned to lead the private markets into the AI era.
“Few companies have the combination of enterprise-grade trust, enabling infrastructure, deep domain expertise, and structured data at scale that Juniper Square brings to bear. With JunieAI, they’re harnessing these strengths to build AI solutions that are purpose-built for private markets—not just bolted on. We’re thrilled
Source: https://fintech.global/
