MDOTM Raises $27M Growth Capital
MDOTM, a New York and London based provider of AI-driven investment solutions for asset and wealth management firms, has raised $27 million in a growth equity round. This investment brings the company's total funding to $36.5 million.
This round was led by Expedition Growth Capital, a firm focused on scaling software companies. As part of the round, new board seats were allocated to Steve Twomey, Partner at Expedition Growth Capital, and James Hays, chairman of IFC Advisors.
MDOTM plans to use the new capital to accelerate its global expansion and drive significant hiring across its AI research, engineering, product development, sales, and client solutions teams to meet the growing demand for its platform.
Founded in 2015 by Tommaso Migliore, Federico Mazzorin, and Federico Invernizzi, MDOTM provides AI-driven investment solutions for the asset and wealth management industry. Its flagship platform, Sphere, is a proprietary AI investment tool designed for human-AI collaboration that allows institutions to manage thousands of portfolios at scale by integrating market insights, portfolio construction tools, and generative AI reporting capabilities.
Funding Details
Company Website: https://mdotm.ai
Company: MDOTM
Raised: $27M
Round: Growth Capital
Funding Date: June 30, 2026
Lead Investor: Expedition Growth Capital
Company Website: https://mdotm.ai
Software Category: Fintech