ACE Alternatives secured a seven-figure Seed investment led by Bob Kneip to enhance market expansion and technology development.
ACE Alternatives secured a seven-figure Seed investment led by Bob Kneip to enhance market expansion and technology development.
08/06/24, 10:47 AM
Industry
financial services
Round Type
seed
Investors
Bob Kneip
ACE Alternatives has raised a seven-figure seed funding round from Bob Kneip, who will also join as Chairman of the Advisory Board. The capital will support operations expansion into Luxembourg and Ireland and improve its AI capabilities.
Company Info
Additional Info
ACE Alternatives is an alternative asset fund service provider that delivers customized solutions across fund administration, compliance, regulatory matters, tax and accounting, investor onboarding, and ESG requirements. The company aims to enhance its market presence and technological offerings, particularly in prestigious fund domiciles like Luxembourg and Ireland. ACE Alternatives has experienced significant growth, achieving a 200% year-over-year increase in revenues and assets under service. It focuses on refining its offerings for General Partners and Limited Partners while advancing its AI capabilities and software solutions.