2 years ago

Filament Secures £2.85 Million for its AI-Powered Private Equity Data Platform

  • Filament, a London-based data platform for the private equity industry, has secured £2.85 million in funding led by Wealth Club through the Enterprise Investment Scheme (EIS)

  • Filament's AI-powered platform, 'Syfter', helps private equity firms build their market intelligence capabilities by integrating with internal and third-party data sources and applying algorithms tailored to their investment strategies

  • The company, founded in 2016, operates across Europe and serves major private equity firms managing £120 billion in assets under management.

      • ProblemFinancial Services

      "Private equity firms struggle to find and analyze relevant deal opportunities in real time. It's a time-consuming process, and they often rely on outdated data and manual methods."

      Solution

      "Filament's Syfter platform uses AI and natural language processing to automatically gather and analyze market data, providing private equity firms with a comprehensive and up-to-date view of potential investments. It integrates with existing internal data, saving time and resources."

      Covered on