📝 bunch raises $35M

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Berlin-based fintech startup bunch has secured $35M in a Series B funding round led by Portage, bringing its total capital raised to over $58M to accelerate the expansion of its digital private markets infrastructure across Europe. Founded in 2021 by Levent Altunel and Enrico Ohnemüller, the platform replaces legacy spreadsheet-dependent processes with an AI-native operating layer that automates complex, multi-jurisdictional workflows including investor onboarding, capital calls, tax reporting, and fund accounting. The investment comes amid mounting operational pressures for general partners as alternative assets under management project to reach $32 trillion by 2030, driven by regulatory shifts like ELTIF 2.0 that democratize private wealth access. Serving over 150 fund managers and 12,000 limited partners across hubs like London, Amsterdam, and Luxembourg, bunch achieved a 300% annualized recurring revenue expansion in 2025, and it plans to use the fresh capital to deepen its automated compliance workflows and scale its go-to-market strategy across the United Kingdom, Germany, and Luxembourg.

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