PR Newswire
$130 millionĀ in new funding will fuel investment in JunieAI: enterprise-grade AI for private markets GPs
Juniper Square, the pioneer of connected fund software and services for private markets, today announced it closed its Series D round and secured $130 million in new funding led by Ribbit Capital, with significant strategic investment from Fifth Wall, and additional participation from Redpoint Ventures, HighSage Ventures, Blue Owl Capital and others.
Juniper Square will use the capital to accelerate investment in JunieAIāthe first enterprise-grade AI built specifically for the needs of private markets GPs. JunieAI combines the power of modern large language models (LLMs) with critical enabling componentsāJuniper Squareās fund system of record for GPs and LPs, a scaled data model, comprehensive workflows coupled with managed services, industry integrations, and robust measures for security, control, and permissioningāto help GPs move faster, work smarter, and operate more efficiently.
As an agentic AI platform, JunieAI provides:
- Agents supporting the work of investor relations, fund administration, portfolio management, and investment decisions
- Model-agnostic orchestration across agents, tools, workflows, and systems
- Precision tools for the accuracy demands of accounting and reporting, fused with the ease of use and power of generative AI
- Secure, enterprise-gradeĀ permissioning and control
- Deep domain expertise in private markets
- AI workflows wrapped with full service solutions
- Unified structured and unstructured dataāincluding from emails and documents
- Seamless integration with existing GP tools
- Fine-grained agent governance, empowering GPs to define how AI agents behave, respond, and defer across use cases
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āThe private markets are undergoing a once-in-a-generation transformation driven by two tsunamis of change: the rise of the retail investor and the breakthrough potential of AI,ā saysĀ Alex Robinson, CEO and Co-Founder at Juniper Square. āOur mission is to equip GPs with the technology and services they need to thrive in this new era. With JunieAI, weāre helping our customers stay aheadāturning disruption into opportunity across every facet of work inside of the modern GP.ā
āJuniper Square is uniquely positioned to lead the private markets into the AI era,ā saysĀ Nick Shalek, General Partner at Ribbit Capital. āFew companies have the combination of enterprise-grade trust, enabling infrastructure, deep domain expertise, and structured data at scale that Juniper Square brings to bear. With JunieAI, theyāre harnessing these strengths to build AI solutions that are purpose-built for private marketsānot just bolted on. Weāre thrilled to support Juniper Square as it sets the standard for how this industry will evolve.ā
This fundraise follows a period of rapid growth for Juniper Square including >100% 3-year CAGR in its fund administration business, which today manages over 2,000 fund entities globally across an extensive range of strategies and complex fund structures. Growth has been especially strong in the private equity and venture capital verticals, which now represent four of the five largest customers by revenue. In May, Juniper SquareĀ expanded intoĀ Luxembourg, unlocking integrated fund administration and efficient cross-border operations for private markets GPs at a global scale.
āJuniper Square stands out as a frontrunner to lead the private markets as the world moves toward an AI-driven future,ā saysĀ Jay Maher, Global Chief Operating Officer at H.I.G. Capital. āJuniper Squareās focus on AI innovation will deliver transformative benefits across the industryāempowering organizations to better serve investors and drive long-term growth.ā
Over the past decade, Juniper Square has built the connected infrastructure that powers private markets, helping make the industryĀ more efficient, transparent, and accessible. With retail investors reshaping the landscape and the market on track to exceedĀ $60 trillionĀ within a decade, GPs need innovations like JunieAI to keep pace and capture new opportunities.
We invite you to joinĀ Alex Robinson, CEO and Co-Founder, andĀ Brandon Rembe, Chief Solutions Officer, for a Virtual Keynote onĀ June 23Ā atĀ 9:00 a.m. PTĀ where theyāll share more about JunieAI and Juniper Squareās vision for private markets AI innovation āĀ register here.
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