Moonfare, the digital private equity investment platform for individual investors, has announced that it has raised $125 million in Series C funding, led by New York-based global private equity and venture capital firm Insight Partners. Moonfare will use the funding to continue to develop investment solutions and accelerate its international expansion. The company has raised $185 million in funding to date.
Moonfare’s last financing round was in March of this year and was led by Fidelity International Strategic Ventures, which also participated in the current round. Fidelity has entered into an exclusive distribution partnership with Moonfare.
“We are excited for this round of funding and the opportunity to leverage the capabilities and network of our new partners at Insight Partners.” said Moonfare founder and CEO Dr. Steffen Pauls. “We will transform the business into a global champion for individual investors in the years to come.”
“In an impressively short time, Moonfare has established itself as the international leader in an extremely large and expanding market,” explained Insight Partners’ Managing Director Matt Gatto. “They have curated a selection of the world’s top private equity and venture capital funds and enabled access for individual investors through a digital platform that provides a seamless user experience and is built for scale. We look forward to partnering with Moonfare on their continued growth.”
Moonfare already operates in 13 countries across Europe and Asia and has offices in Berlin, Hong Kong, London, and Luxembourg, with more to open soon. The company plans to double the size of its global team with over 80 full-time employees in the tech and product departments alone.
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