Filament Syfter, an AI-enabled data platform for private market dealmakers, has raised £3.5m in Series A funding. The round was led by FINTOP Capital and will support the company’s global expansion and product development efforts.
The investment will be used to grow operations and further enhance the platform’s capabilities for private equity and investment banking clients.
Filament Syfter helps firms unlock the full potential of their data ecosystems, improving deal sourcing and driving better returns on existing technology investments. The platform is already in use by leading firms including Astorg, Inflexion and Cavendish.
Founded by Phil Westcott, former European Director of IBM Watson, the company brings together a team of experts in data engineering, NLP and machine learning. Filament Syfter enables private markets firms to build and train proprietary AI tools tailored to their workflows and intelligence needs.