Digital fund operations platform Fundcraft secures €12M growth financing

Fundcraft, a European provider of digital fund operations tools, has pulled in €12 million in strategic growth financing. The money is meant to help the company expand across Europe and keep building technology for alternative investment funds.

The round was co-led by Riverside Acceleration Capital and CCAP Investments, with existing backers 3VC, MiddleGame Ventures and Aperture Capital also taking part. Fundcraft says that brings its total capital secured since launch to €40 million.

The pitch is straightforward: alternative funds still lean hard on manual work and patchy operating systems, and Fundcraft wants to replace some of that drag with software. Its platform combines fund administration with workflow automation and AI, covering investor, fund and portfolio operations. The aim is to cut down on the manual steps that pile up as fund structures and regulations get more complicated.

The company says it now supports nearly 300 funds. It also says it signed as many new clients in the first half of 2026 as it did in the whole of 2025, which is a neat way of saying demand seems to be moving in the right direction.

Fundcraft has already expanded in France and works with fund structures across Luxembourg, France, the US and Spain. CEO and co-founder Julien De Mayer said the new financing will support broader European expansion, additional jurisdictions and more capability for institutional private equity buyout strategies. The company also plans to push AI further into investor, fund and portfolio operations, building on automated and AI-enabled workflows it already uses in selected processes.