Juniper Square, a provider of fund software and services for private markets, has completed its Series D funding round, raising $130m.
The financing was led by Ribbit Capital, with substantial investments from Fifth Wall and participation from Redpoint Ventures, HighSage Ventures, Blue Owl Capital, among others. This inflow of capital boosts Juniper Square’s valuation to $1.1bn.
Juniper Square plans to channel the funds into the development of JunieAI, an advanced artificial intelligence (AI) platform tailored for private market general partners (GPs).
JunieAI integrates modern large language models with Juniper Square’s existing fund system, enabling enhanced efficiency and smarter operations for investment professionals.
The platform is designed to assist with investor relations, fund administration, portfolio management, and investment decisions through its AI-driven agents. It is said to ensure high accuracy in accounting and reporting while offering secure permissioning and control.
Ribbit Capital general partner Nick Shalek said: “Juniper Square is uniquely positioned to lead the private markets into the AI era.
“Few companies have the combination of enterprise-grade trust, enabling infrastructure, deep domain expertise, and structured data at scale that Juniper Square brings to bear.
“With JunieAI, they’re harnessing these strengths to build AI solutions that are purpose-built for private markets—not just bolted on. We’re thrilled to support Juniper Square as it sets the standard for how this industry will evolve.”
Juniper Square claimed that its growth trajectory has been marked by significant milestones, including a three-year compound annual growth rate of over 100% in its fund administration sector. The company is said to currently manage more than 2,000 fund entities globally, with a strong presence in private equity and venture capital sectors.
Juniper Square CEO and co-founder Alex Robinson said: “The private markets are undergoing a once-in-a-generation transformation driven by two tsunamis of change: the rise of the retail investor and the breakthrough potential of AI.
“Our mission is to equip GPs with the technology and services they need to thrive in this new era. With JunieAI, we’re helping our customers stay ahead—turning disruption into opportunity across every facet of work inside of the modern GP.”
In May, Juniper Square expanded its operations to Luxembourg through the acquisition of Forstone (Luxembourg), forming Juniper Square Luxembourg. This move is intended to enhance the company’s ability to provide integrated fund administration and efficient cross-border operations for GPs worldwide.
