Instinct Digital, a SaaS for asset management reporting, closes a £5 million Series A funding round

Rising efficiency pressures and new regulatory demands present significant challenges for asset managers, particularly in the realm of reporting. In response to these challenges, Instinct Digital, a software solution designed to streamline and automate key aspects of funds and investor reporting, has raised £5 million in Series A funding. The round was led by AlbionVC, a London-based venture capital firm that supports visionary founders and technologies.

Instinct Digital has developed a cloud-based investment reporting and communication platform. This platform acquires and aggregates reporting assets from both internal and external sources, unifying, managing, and optimizing all reporting operations. It covers report production, distribution, and analytics, as well as the digitization of communications. The result is significant time and cost efficiencies, with clients reporting at least a 70% improvement in delivery times. Additionally, the platform ensures improved quality and accuracy in reporting, available in 37 languages across 40 countries, while maintaining brand consistency and regulatory compliance.

The newly secured funding will enable Instinct Digital to onboard and support new clients, deepen partner integrations, and expand into new geographies, including the US. Cassian Scott, CEO of Instinct Digital, expressed his enthusiasm for the partnership with AlbionVC: “We are delighted to partner with AlbionVC on the next stage of our journey. Our prestigious clients are fundamental to our success, along with our partners and team who have enabled Instinct to build a product that has the potential to become the benchmark in investment communications and reporting for investors. On behalf of the Board and the Executive team, I extend my sincere thanks to all who have chosen and supported, and those that continue to support, our firm.”

Robert Whitby-Smith, Partner at AlbionVC, also commented on the partnership: “When the market-leading solution meets a large market with an urgent need for innovation, great things happen. The team behind Instinct Digital have a track record of success in both the industry they are providing a solution for and in scaling enterprise software businesses. Cassian is an ambitious CEO with an exceptional team who is executing at pace, motivated by the large market opportunity. We are delighted to partner with Cassian and Team Instinct as they build the category leader in investment communication and reporting.”

This strategic investment highlights the growing need for innovative solutions in the investment reporting sector and positions Instinct Digital to lead the market in providing efficient, accurate, and compliant reporting solutions. By leveraging their cutting-edge cloud-based platform, Instinct Digital is set to revolutionize the industry by significantly improving delivery times and enhancing the quality and accuracy of reports.

Their platform acquires and aggregates reporting assets from both internal and external sources, unifies, manages, and optimizes all reporting operations, including report production, distribution, and analytics, as well as digitizing communications. This results in substantial time and cost efficiencies for clients, with reports indicating at least a 70% improvement in delivery times and superior quality and accuracy across 37 languages and 40 countries. Additionally, the platform ensures brand consistency and regulatory compliance, which are critical in today's regulatory environment.

The funding round, led by AlbionVC, a London-based venture capital specialist known for backing visionary founders and transformative technologies, will enable Instinct Digital to onboard and support new clients, deepen partner integrations, and expand further into new geographies, including the United States. This expansion is timely, given the rising efficiency pressures and new regulatory demands facing asset managers.

Cassian Scott, CEO of Instinct Digital, expressed his enthusiasm about partnering with AlbionVC, noting that their prestigious clients, partners, and team have been fundamental to their success. Scott emphasized that Instinct Digital's product has the potential to become the benchmark in investment communications and reporting for investors. Robert Whitby-Smith, Partner at AlbionVC, echoed this sentiment, highlighting the alignment of Instinct Digital's market-leading solution with the urgent need for innovation in a large market. Whitby-Smith praised Cassian Scott as an ambitious CEO with an exceptional team, poised to execute at pace and motivated by the significant market opportunity.

This investment is a testament to Instinct Digital's capability to meet the evolving needs of the investment reporting sector. As they expand their operations and integrate further with partners, Instinct Digital is well-positioned to become the industry leader, providing asset managers with the tools needed to navigate the complexities of modern reporting requirements efficiently and effectively. The strategic backing from AlbionVC and the planned expansion into new markets, particularly the US, underscores Instinct Digital's potential to set new standards in investment communication and reporting solutions globally.