London-based SaaS solution provider, Instinct Digital, has secured £5 million in Series A funding. The company’s cloud-based investment reporting system enables managers to streamline and automate key operations in investor reporting. The platform includes report production, distribution and analytics, and digitisation of communications. Instinct Digital’s system acquires and aggregates reporting assets from internal and external sources, which unifies, manages, and optimises all reporting operations. The funding round, led by AlbionVC, will support Instinct Digital’s onboarding of new clients, deepen partner integrations, and expansion into new geographies.
Asset managers are struggling to deliver consistent data and insights due to several reasons, such as poor data quality and format, multiple data sources, and legacy solutions. In addition, regulatory demands and efficiency pressures pose additional challenges when it comes to reporting. The manual effort used to fill these gaps is unsustainable in the long-run. Therefore, Instinct Digital’s platform comes as a solution to this industry-wide challenge. Instinct Digital’s clients have reported at least a 70% improvement in delivery times, improved quality, and accuracy available across 37 languages and 40 countries. The platform ensures that the brand consistency and regulatory compliance are maintained.
Cassian Scott, CEO of Instinct Digital, extends his gratitude to AlbionVC and the team who have contributed to the company’s success. Robert Whitby-Smith, partner at AlbionVC, praised Cassian’s ambitious leadership and exceptional team, which he believes is executing at pace and will undoubtedly build the category leader in investment communication and reporting.
