# Anduin Transactions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/anduin-transactions

- Industry: Software
- Headquarters: Los Altos, US
- Website: www.anduintransact.com
- Total disclosed funding: $23M
- Latest round: Series B (Jul 18, 2023)
- Investors on record: 9

## About

Founded in 2014, and based in California, US, Anduin Transactions, Inc. operates as a software company that offers investment management solutions. The company was founded by its COO, Alin Bui, and Joe Lonsdale. In July 2023, Anduin Transactions, Inc. raised USD 15 million in Series B funding led by 8VC and GC1 Ventures. The Series B round of funding values Anduin Transactions, Inc. at USD 64.55 million post-money. As of 2023, the company is led by its CEO, Eliot Hodges.

Anduin Transactions provides a FinTech-based financial software that automates and streamlines the fundraising process of investors and helps fund managers streamline the investor onboarding process. The company’s product line includes a fund subscription platform that helps fund managers streamline the investor onboarding process and improve their investor experience with AML/KYC regulations; a data room, which is an investor engagement platform for fund managers to market their funds; Investor Access, which is a collaboration platform that enables investors to collaborate with other investors and track their investment progress; and many more.

The company plans to use the funds raised in July 2023 to strengthen the functionality and integrations of its core platform, expanding its scope beyond onboarding to provide improved support for the diverse asset classes worldwide.

## Funding rounds

- Series B, Jul 18, 2023, $15M — 8VC, GC1 Ventures
- Series B, Mar 30, 2023 — Alumni Ventures Group
- Series A, Mar 23, 2021, $8M — Waterman Capital, Alumni Ventures Group, Flight Ventures, 8VC, Linse Capital, Standish Management, Blue Ivy Ventures, General Advance

## Investors

- Waterman Capital (https://capitalatlas.ai/funds/waterman-capital) — Series A
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series A, Series B
- Flight Ventures (https://capitalatlas.ai/funds/flight-ventures) — Series A
- 8VC (https://capitalatlas.ai/funds/8vc) — Series A, Series B
- Linse Capital (https://capitalatlas.ai/funds/linse-capital) — Series A
- Standish Management — Series A
- Blue Ivy Ventures — Series A
- General Advance (https://capitalatlas.ai/funds/general-advance) — Series A
- GC1 Ventures (https://capitalatlas.ai/funds/gc1-ventures) — Series B