Moonfare raised $125m in Series C, led by Insight Partners to accelerate global growth

By Joy Dumasia

Moonfare, the leading digital private equity investment platform for individual investors, announced that it had raised $125 million in Series C funding, led by New York-based global private equity and venture capital firm Insight Partners. Moonfare will use the funding to continue to develop innovative investment solutions and accelerate its international expansion. The company has raised $185 million in funding to date.

Moonfare exceeded €1 billion assets under management in September, doubling its assets in only 8 months. Moonfare’s last financing round was in March of this year and was led by Fidelity International Strategic Ventures, participating in the current round. Fidelity has entered into an exclusive distribution partnership with Moonfare.

Moonfare makes it possible for qualified individual investors to invest directly in top-tier private equity and venture capital funds at low minimums via a fast and easy-to-use digital experience. The platform is designed to customize to different customer preferences and regulatory requirements. It is the only private market fund platform globally that transacts with individual investors directly and through family offices, banks and other advisors.

Moonfare Founder and CEO Dr. Steffen Pauls said: “We are excited for this round of funding and the opportunity to leverage the capabilities and network of our new partners at Insight Partners. We will transform the business into a global champion for individual investors in the years to come.”

Insight Partners’ Managing Director Matt Gatto said: “In an impressively short time, Moonfare has established itself as the international leader in an extremely large and expanding market. They have curated a selection of the world’s top private equity and venture capital funds and enabled access for individual investors through a digital platform that provides a seamless user experience and is built for scale. We look forward to partnering with Moonfare on their continued growth.”