Paris-based 73 Strings, an AI-driven financial intelligence platform, has raised €52.7 million ($55M) in Series B funding.
The round was led by Goldman Sachs Alternatives’ Growth Equity, with continued support from Blackstone Innovations Investments and new participation from Golub Capital, Hamilton Lane, and Broadhaven Ventures.
Revolutionizing Private Market Valuations with AI
73 Strings provides AI-powered valuation, monitoring, and analytics solutions for private capital firms, streamlining data extraction, performance benchmarking, and portfolio management. The platform serves clients across private equity, venture capital, infrastructure, and private credit, supporting asset managers overseeing over $9 trillion in investments.
With this funding, the company plans to:
- Refine its intuitive dashboard engine for deeper financial insights.
- Enhance AI-driven financial modeling with Large Language Models (LLMs).
- Expand predictive analytics for real-time portfolio benchmarking.
- Develop advanced risk management tools through exposure modeling.
Advertisement
Global Expansion and Industry Adoption
73 Strings operates across New York, London, Toronto, Bengaluru, and Riyadh. CEO Yann Magnan emphasized the firm’s role in shaping the future of private market intelligence:
“Alternative asset managers need greater flexibility and real-time insights. We’re building the most advanced valuation and monitoring platform to empower investors with data-driven decision-making.”
Investor Confidence in AI-Driven Financial Solutions
Goldman Sachs, Blackstone, and Hamilton Lane see 73 Strings as a best-in-class financial intelligence platform, crucial for the increasingly complex private markets sector.
With €52.7 million in fresh capital, 73 Strings is set to redefine how private capital firms leverage AI for smarter investment strategies.
