Daphne

What Daphne does

Daphne Technologies LLC is a New York-headquartered B2B SaaS company founded in 2022 that operates an AI-powered data platform for the alternative asset management industry. The platform enables general partners (GPs) — including private equity, private credit, real estate, and infrastructure fund managers — to digitize fund data once via AI-driven document parsing and normalization into a proprietary "Fund Master" data model grounded in the "Daphne Schema," then distribute that standardized data to multiple downstream channels including the Bloomberg Terminal, Hamilton Lane's Cobalt platform, institutional LPs, investment consultants, IBDs, and RIAs. Daphne also serves the buy-side: limited partners, allocators, and consultants use the platform to collect, standardize, and monitor GP data for diligence, onboarding, and ongoing portfolio oversight, eliminating the fragmented Excel/PDF/manual-reconciliation workflows that dominate private markets operations today.

The company was created through a collaboration between Apollo Global Management and Motive Partners' in-house innovation division Motive Create, and has subsequently attracted strategic investment and partnership from Hamilton Lane (June 2024) and Bloomberg (February 2025), with board representation from all four parties. Daphne operates on a quote-based enterprise subscription model with no publicly disclosed pricing tiers; revenue is generated primarily from platform subscriptions paid by GP clients, with the value proposition centered on eliminating over 90 days of manual effort per fund per year, reducing high-frequency document update times from days to seconds, and enabling single-click distribution of fund data across the private markets ecosystem. The platform covers 300+ private market funds with 50+ added monthly, and Daphne customers have used the platform to raise approximately $625 million in AUM as of the most recent reporting.

Daphne maintains its primary contracting entity (Daphne Technologies LLC) in New York and a UK subsidiary (Daphne Technologies Limited, company number 14911183) in London to support UK and European operations. The product surface extends beyond core data distribution to include the Daphne Action Center for AI-powered ongoing GP monitoring and RFI response, document automation tooling, and an API/web interface for programmatic data consumption. The company is led by CEO Amit Gairola.

Name

Daphne

Legal name

Daphne Technologies LLC

Website

https://getdaphne.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

Daphne is a B2B SaaS platform, founded in 2022, that uses AI-powered document parsing and a proprietary data schema to digitize and distribute alternative asset (private equity, credit, real estate, infrastructure) fund data from GPs to LPs, consultants, and platforms such as the Bloomberg Terminal and Hamilton Lane's Cobalt.

Ownership category

akta.pro rank

Product category

Private Markets Data Infrastructure

NAICS

Software Publishers (51321)

akta.pro primary industry

Enterprise & Private App Stores (MDM/MAM) (BPAMADAE)

Keywords

• Private markets data
• Alternative asset platform
• Fund data distribution
• Investor data feeds
• Private markets infrastructure

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Platform Subscription/Software Service: Daphne provides software services to alternative asset managers (GPs) enabling them to digitize, standardize, and distribute fund data to investors and channel partners. The platform operates as a B2B SaaS model serving both GPs (data providers) and LPs/allocators (data recipients).

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

Daphne is an AI-powered SaaS platform that enables alternative asset managers (GPs) to digitize, standardize, and distribute private market fund data to institutional investors (LPs), investment consultants, and channel partners including the Bloomberg Terminal and Hamilton Lane's Cobalt. The platform uses AI Agents for document parsing, data extraction, and normalization into a structured Fund Master data model, allowing single-click publishing of fund information across multiple distribution channels.

Product overview

Daphne offers a unified platform for private markets data distribution connecting LPs, consultants, and allocators with asset managers. The core platform includes the Fund Master (a standardized data model serving as a single source of truth for fund information), AI-powered document processing for automated onboarding and data structuring, the Daphne Action Center for GP monitoring and reporting, and document automation tools. The platform enables asset managers to digitize fund data once and distribute it across multiple channels including Bloomberg Terminal, Hamilton Lane Cobalt, institutional investors, investment consultants, IBDs, RIAs, and wirehouses via API.

Differentiator

Problem solved

Functional benefit

Products and services

• Daphne Platform An AI-powered SaaS platform for alternative asset managers (GPs) that normalizes and shares private markets data, serving as a digital bridge between asset managers and their investors (LPs) and channel partners. The platform digitizes fund data once and distributes it to multiple channels including the Bloomberg Terminal, Hamilton Lane's Cobalt, institutional investors, investment consultants, IBDs, and RIAs via web-based interface or API.

Quantifiable outcome

• Over 90 days of manual effort eliminated annually per fund for inputting product updates and reporting
• +3 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability4 records

Feature5 records

Partnerships

Two partnerships are on record, tiered flagship.

• BloombergflagshipStrategic or Co-development Partner · 10 February 2025Bloomberg announced a strategic partnership with and investment in Daphne Technologies. Daphne will establish connectivity with Bloomberg to enable straight-through data processing by which alternative asset managers can publish private markets data directly to the Bloomberg Terminal. A Bloomberg designee joined the Daphne Board alongside existing members from Apollo, Motive Partners, and Hamilton Lane. Bloomberg and Daphne will work together to align and normalize data fields for private market funds.
• Hamilton LaneflagshipStrategic or Co-development Partner · 26 June 2024Hamilton Lane, a leading private markets investment management firm (Nasdaq: HLNE), announced a partnership with and investment in Daphne. The partnership integrates Daphne with Cobalt – Hamilton Lane's proprietary private markets data, analytics, and diligence platform. Daphne enables straight-through data processing by which alternative asset managers can directly transmit fund information into Cobalt. Hamilton Lane's Technology Solutions, anchored by Cobalt, are leveraged by hundreds of investors worldwide. Cobalt has designated Daphne as its preferred method for receiving data related to new fund offerings.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Others

• Visible Alpha: Visible Alpha is a data and analytics platform that standardizes granular company-level financial data from issuers and providers. It is thematically comparable as a data infrastructure layer using provider-direct sourcing and standardization, though focused on public market research rather than private markets.

Broad incumbents

• Addepar: Addepar is a wealth management technology platform aggregating portfolio data including alternative investments. It is comparable as a digital platform standardizing multi-asset data for institutional and advisor channels, with overlap in private markets data ingestion.
• Cobalt by Hamilton Lane: Hamilton Lane's Cobalt is a private markets data, analytics, and diligence platform used by hundreds of institutional investors. While now a Daphne distribution partner, it is a peer/incumbent in the LP-side private markets data workflow that Daphne integrates with.
• MSCI Private Capital Solutions: MSCI offers portfolio and risk analytics for private capital via Burgiss data and other modules. As a large incumbent, it competes with Daphne in providing private market performance and analytics to institutional investors.

Emerging players

• iCapital Network: iCapital operates a marketplace and technology platform connecting alternative asset managers with wealth advisors and their clients. It is comparable as a financial technology platform standardizing access and data flow between GPs and a broader investor audience.

Direct peers

• Canoe Intelligence: Canoe Intelligence automates alternative investment data extraction from unstructured documents (PDFs, emails) for institutional investors and GPs. It is comparable to Daphne in using AI to digitize and structure private market fund documents.
• PitchBook (by Morningstar): PitchBook provides private market data, research, and workflow tools to investors and GPs. It is comparable as an alternative assets data and intelligence platform with overlapping LP/GP customers and a focus on standardizing private capital information.
• Juniper Square: Juniper Square is an investor management and fund operations platform serving GPs and LPs in private markets. It is comparable as a SaaS platform digitizing GP-LP data exchange, reporting, and investor onboarding workflows.
• Preqin: Preqin is a leading data and intelligence platform for alternative assets, providing fund performance, LP/GP, and deal data to institutional investors. It is a direct competitor in private markets data infrastructure and was acquired by BlackRock in 2024, intensifying competition.
• Burgiss (MSCI): Burgiss provides private capital investment performance benchmarking and analytics to LPs and GPs. It is comparable as a data provider and analytics layer for private market fund performance, serving many of the same institutional investor customers as Daphne.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/getdaphne

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds1 record

Investors3 records

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 Daphne