Further

What Further does

Further is a London-based financial technology company that operates a fund administration platform targeting investment funds, asset managers, and financial institutions. Founded in 2021 and operating with a small team of 1-10 employees, the company positions its offering as a modern, technology-led alternative to traditionally manual fund administration workflows, with stated focus areas including NAV operations, investor reporting, and back-office process efficiency. The website taglines ("The future of fund administration") and presence of an EIS (Enterprise Investment Scheme) page suggest Further is building for the UK fund manager market and may support tax-advantaged UK investment vehicles.

Further's business model centers on delivering fund administration services to investment management firms, with pricing not publicly disclosed in available sources. The company has not publicly released detailed product modules, technology stack specifications, or revenue figures, limiting granular diligence on revenue mechanics and unit economics. Distribution appears to be primarily direct through its website (joinfurther.com), with no third-party channel partners evidenced.

Beyond its core administration offering, Further has demonstrated capital deployment activity, leading a $5 million seed funding round for OP_NET, a Bitcoin L1 smart contract platform, in March 2026. This activity — combined with the firm's fund administration focus — suggests Further may administer funds that make venture investments, blending a SaaS/admin service with fund-management exposure. Further received $474,092 in initial funding from Antler in October 2021, and no subsequent equity raises into Further itself are documented in the input data.

Name

Further

Website

https://www.joinfurther.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Further is a London-based fund administration platform founded in 2021 that serves investment funds and asset managers with technology-led back-office operations, including NAV, reporting, and compliance workflows.

Ownership category

akta.pro rank

Product category

Fund Administration Software

NAICS

Funds, Trusts, and Other Financial Vehicles (525)

SIC

Investment Advice (6282)

akta.pro primary industry

Emerging Manager / Seeding Platforms (Multi-Manager) (FSANAGAF)

akta.pro secondary industry

Multi-Manager / Multi-PM Platforms (FSAHAKAD)

Keywords

• Fund administration
• Investment management
• Venture capital
• Asset management
• Fund operations

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations

Core offering

Further operates a fund administration platform serving investment funds, asset managers, and financial institutions. The platform is positioned to replace manual, complex fund administration processes with streamlined, technology-enabled back-office operations. In parallel, Further has participated as a lead investor in venture capital funding rounds (e.g., leading a $5M seed round for OP_NET).

Product overview

Further is described as a fund administration platform. No detailed product information, product names, or module descriptions are available in the source data.

Differentiator

Problem solved

Functional benefit

Products and services

• Fund Administration Platform A technology-enabled fund administration service for investment funds, asset managers, and financial institutions, designed to streamline back-office operations and replace manual fund administration processes.

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves3 records

Expansion highlights3 records

Direct peers

• Juniper Square: Provides investor reporting, fund administration, and LP management software for private equity, venture capital, and real estate funds — directly overlapping Further's fund administration value proposition for VC and emerging managers.
• Carta: Cap table management, fund administration, and LP services platform widely used by venture and emerging managers; competes with Further for the same fund admin and emerging-manager workflows.
• AngelList: Operates rolling funds, deal syndication, and back-office fund services for VC managers, with retail access — closely mirroring Further's stated combination of retail investor access and emerging fund support.
• Ledgy: European equity management and cap table platform that also supports fundraising and employee participation for venture-backed companies — a close regional peer for Further's emerging-manager focus.

Broad incumbents

• Allvue Systems: Established fund accounting, administration, and investor reporting software for alternatives managers across VC, PE, credit, and real estate — a broader incumbent competing for the same institutional admin RFPs.
• iCapital: Alternative investments platform providing fund administration, feeder structures, and advisor/retail access to private markets — overlaps Further's retail-to-private-funds thesis at a much larger scale.
• Addepar: Wealth and portfolio management technology serving advisors, family offices, and asset managers with reporting and analytics — adjacent but competing for similar institutional technology budgets.
• SS&C (GlobeNews): Large-scale fund administration and asset servicing provider across alternatives — a deeply entrenched incumbent in the same procurement pipeline Further must win to grow fund admin revenue.

Regional players

• Seedrs / Crowdcube: UK/EU retail-investor equity crowdfunding platforms with regulated EIS products — comparable to Further's EIS angle and retail-investor connectivity, though they do not provide fund administration.
• SyndicateRoom: UK-based platform using EIS structures to give retail investors access to early-stage venture deals — closely comparable to Further's UK EIS retail-investor thesis and geographic footprint.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/joinfurther
• Facebookfacebook.com/joinfurther

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Further