NaroIQ is building a cloud-native, modular digital fund infrastructure to let smaller fund providers and management companies create and operate ETFs and funds more cost-efficiently. The platform emphasizes faster time-to-market, flexible product development and reduced operational costs to democratize access to the European ETF market. NaroIQ positions itself as a European alternative to the US-dominated ETF ecosystem and aims to address concentration by enabling smaller issuers and administrators. The company was founded in 2022 by Chris Püllen and Nils Krauthausen; Chris Püllen serves as CEO. NaroIQ plans to invest its latest funding into technical development and regulatory licensing and intends to launch its first partner integrations this year. The startup argues its solution tackles outdated, manual processes that hurt margins across the European UCITS and AIF market. Naro helps companies create their own ETFs, index funds, and money market funds without taking on operational or regulatory burdens. The platform redistributes fund earnings among involved parties to give distributing companies a larger share of the ETF and fund market. Use cases the company highlights include internal deposit and treasury management, diversifying offerings with proprietary ETFs, and increasing income share in existing fund concepts. Founders Chris Püllen and Nils Krauthausen position Naro as a response to rapid ETF growth in Europe and to perceived shortcomings of traditional fund solutions. Naro announced a $3 million Pre-Seed raise and will use the capital to strengthen its fund infrastructure through strategic partnerships, regulatory licensing, and technology refinement. The ultimate objective is to establish a European fund ecosystem enabling companies to create tailor-made, technology-driven funds without operational or regulatory overhead.

Total raised

$10M

Funding rounds

2

Latest round

Seed

Latest activity

Jun 2025