Performativ, a Copenhagen-based startup building the next-generation operating system for wealth management, has raised €11.96 million ($14 million) in its Series A funding round. The round was led by Deutsche Börse Group, with participation from Rabo Investments, the investment arm of Rabobank, Jacob Dahl, former Senior Partner and Co-leader of
Rahul Raj
Performativ, a Copenhagen-based startup building the next-generation operating system for wealth management, has raised €11.96 million ($14 million) in its Series A funding round.
The round was led by Deutsche Börse Group, with participation from Rabo Investments, the investment arm of Rabobank, Jacob Dahl, former Senior Partner and Co-leader of Global Banking Sector, McKinsey & Company, and existing investors including FinTech Collective and EIFO, the Danish sovereign wealth fund. The closing of this round is expected soon.
Albert Geisler Fox, CEO of Performativ, said, “Over the past six years, we have established ourselves as the leading platform for small and mid-sized wealth managers across Europe by modernising legacy operations with AI-native workflows. With this investment, we will cement our position within the enterprise segment, bringing our technology to visionary private banks and ambitious large-scale wealth management providers.”
Founded in 2020, Performativ states that its operating system for wealth and asset managers is designed to eliminate the operational debt that has long defined the industry. It is delivered as a cloud-native SaaS solution, and the platform consolidates portfolio management, analytics, client reporting, compliance, multi-custodian data aggregation, and trading into a single, scalable system, supporting seamless workflows across the front, middle, and back office.
The company states that it uses embedded AI agents to automate manual processes and improve operational efficiency across the investment lifecycle. The platform replaces fragmented legacy systems with a unified infrastructure, enabling firms to modernise their operating models and deliver more transparent, data-driven investment services.
Performativ reports that it has already built a strong presence across Europe and supports a range of wealth and asset managers as well as private banks. The company is scaling its presence in the enterprise segment, deepening its engagement with private banks and larger financial institutions facing complex operational requirements and a growing need for scalable, integrated technology solutions.
Christian Kromann, member of the Executive Board of Deutsche Börse Group, commented, “We are excited to invest in Performativ. By doing so, we as Deutsche Börse Group are further strengthening our Investment Management Solutions proposition as we continue to build out our comprehensive ecosystem for the buy side. We are thrilled to continue to lead the transformation across the investment management industry.”
With the fresh funding, the company plans to expand its ability to serve larger institutions by delivering a front-to-back wealth management operating system tailored to private banks’ needs. This includes support for more complex data structures, higher volumes, and increasingly sophisticated reporting and compliance requirements.
Performativ is also set to accelerate its expansion across Europe, continuing to support wealth and asset managers while broadening its focus to private banks and larger financial institutions. In 2023, the company secured a €5.5 million Seed investment led by FinTech Collective.
