AI Startup Filament Syfter Closes $4.8M to Expand Globally
UK based AI startup Filament Syfter has raised $4.8 million in a Series A funding round led by FINTOP Capital, aiming to accelerate its growth in private market intelligence and scale its global footprint.
Founded by Phil Westcott, former Director of IBM Watson Europe, Filament Syfter empowers private equity and investment firms to train and deploy custom AI models giving them the ability to extract meaningful insights from both internal and external datasets in real time.
“Our mission is to equip investors with intelligent tools that deliver speed and accuracy,” said CEO Phil Westcott. “This new funding enables us to expand globally and speed up innovation on our platform.”
With the fresh capital, the company plans to expand operations across Europe and North America, while continuing to evolve its AI infrastructure. Filament Syfter already supports a number of top-tier clients, including Astorg, Inflexion, and Cavendish.
Filament Syfter Scores $4.8M to Power AI for Private Markets
As part of the deal, FINTOP Capital will join the company’s board of directors to provide strategic guidance and support Filament’s global scale up efforts.
A FINTOP Capital representative added: “Filament Syfter is solving a major challenge in private markets turning scattered data into actionable insights. We’re excited to support their growth journey.”
By focusing on the historically opaque and fragmented private markets, Filament Syfter positions itself as a leader in the financial sector’s digital transformation delivering powerful, AI enhanced tools to modernize how firms discover and evaluate investment opportunities.
