TomNext, the LP-focused intelligence and infrastructure layer for private markets, announced that it has secured investment led by Panghea Capital Partners, with participation from Consello, Blizzard the Avalanche Fund, Altea Partners and other strategic backers and prominent angel investors across wealth management, fintech and digital assets.
The raise coincides with TomNext emerging from stealth and launching a closed beta with a select set of family offices, wealth advisors and private-market investors.
As deal flow rises, LPs remain constrained by fragmented diligence and analog workflows. TomNext’s AI-powered platform addresses these persistent challenges, enabling allocators to operate with greater clarity and confidence.
TomNext addresses the structural inefficiencies that slow down capital deployment and constrain scalability across the $22tn alternative assets ecosystem. Investors, commonly referred to as Limited Partners (LPs), face higher deal flow but remain bottlenecked by fragmented diligence workflows, unstructured data, inconsistent reporting and cumbersome execution infrastructure still running on analog rails and heavily constrained by human capital. TomNext replaces this with a unified, secure, AI-powered workflow layer.
Designed specifically for LPs, TomNext leverages institutional-grade AI to structure deal collateral, streamline diligence and give users greater visibility across private equity, private credit, venture and real-assets allocations. Early next year, TomNext plans to add digital execution and orchestration underpinned by tokenisation to its platform.
