Next Gate Tech offers a smart data management, insights and analytics SaaS platform that ingests datasets from multiple sources and generates calculations to oversee delegates, analyze investment behavior, compare performance and produce risk-based metrics. The company's technology is used by banks, asset managers and other fund-industry players to optimize operations, comply with regulatory requirements and enhance customer experience. Led by CEO Davide Martucci, Next Gate Tech focuses on helping financial institutions streamline processes, improve efficiency and reduce costs. The company has offices in Luxembourg and in London. Following the recent investment, Enrique Sacau, CEO of Kneip, is joining the board. The firm intends to use the €8M to accelerate development of its solutions. Next Gate Tech is a Luxembourg-based, data-driven fintech offering SaaS solutions that transform fragmented asset-management data using cloud technology. Its platform supports a range of operational tasks for asset managers, including NAV oversight, risk oversight, and ESG oversight. The company raised €5 million in a funding round backed by NewAlpha Asset Management and a syndicate of investors. Proceeds will fund R&D in analytics, recruitment, the opening of a new London office, and wider expansion across Europe. CEO Davide Martucci said the investor cohort will help accelerate the company’s growth toward becoming a European leader in data management and analytics for fund industry operations. NewAlpha noted that rising regulatory demands around risk management, reporting and NAV oversight are driving demand for improved data management and oversight.

Total raised

$14M

Funding rounds

2

Latest round

Equity

Latest activity

Apr 2023