MDOTM Ltd., a provider of AI-driven investment solutions for Asset and Wealth Management companies, secured $27 million growth equity round led by Expedition Growth Capital.
Founded in London in 2015, MDOTM has grown into one of the leading AI providers for the investment industry, working with major financial institutions, including Morgan Stanley, Amundi and Zurich Bank.
The startup now serves over 60 financial institutions across the US, UK and Europe as firms increasingly turn to AI to manage portfolio complexity at scale, with Sphere supporting over $100 billion in AUM.
Including the latest investment round, MDOTM has raised a total of $36.5 million to date.