Edda, a French outfit constructing collaborative software program for skilled traders, has raised $5.8 million in funding.
Previously known as Kushim VC, Edda has set its sights on constructing the Bloomberg terminal of the personal markets, vowing to assist traders ditch Excel.
Combining dealflow, portfolio, LPs and enterprise neighborhood administration into one product, the agency has already signed up over 100 funding companies and has over $22 billion in belongings beneath administration.
Clément Aglietta, CEO, Edda, says: “Regardless of the unparalleled development within the personal markets, investing on this planet’s most progressive and leading edge applied sciences, the instruments used to handle these belongings are outdated.
“Edda has been constructed to take different belongings funding to the following degree, connecting the ecosystem in realising the best worth of funding past monetary features.”