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FINBOURNE Technology

Can a cloud-native, bitemporal investment data platform displace decades-old incumbents like SimCorp, Aladdin, and Charles River as the system-of-record for the buy-side?

Founded2016
HQLondon, United Kingdom
FoundersThomas McHugh
Total raised~$100M+
Latest roundSeries B, 2024
Valuation£280M (~$356M) post-money (2024)
IndustryInfrastructure / Investment Data Management
The story

FINBOURNE was founded in 2016 by former Goldman Sachs senior quant Thomas McHugh to solve the fragmented investment data problem for asset managers, asset servicers, and hedge funds. Its flagship LUSID platform positions itself as a cloud-native, bitemporal system-of-record for investment data — competing with legacy vendors like SimCorp, BlackRock Aladdin, and Charles River. The company has expanded from pure enterprise data management into adjacent workflows including IBOR, OMS, PMS, fund accounting, and transfer agency, and is now leaning into agentic AI (via Anthropic's MCP protocol) as the next differentiator.

Last 12 months
2026-06
2026-02
2025-12
2025-06
Product timeline
2016
FINBOURNE founded in London by ex-Goldman Sachs quant Thomas McHugh to build cloud-native investment data platform LUSID· founding
2023
Launched FINBOURNE Horizon — a partnerships suite for third-party vendor integrations· product
2024
Raised £55M Series B led by Highland Europe and AXA Venture Partners at £280M valuation· funding
2025
Launched Claude/MCP integration for compliant agentic AI in investment operations· product
2026
Selected by Summit Group as strategic fund administration partner; partnership with Alkymi for integrated credit workflows· product
The stack
0 layers disclosed in FINBOURNE Technology’s embedded-finance stack
Accounting gap: none