PANTA has raised GBP3 million in a funding round led by Fuel Ventures, with GBP1.5 million committed by the leading UK venture capital fund and GBP1.5 million as an Innovate UK Innovation Loan.
The investment marks the next stage in PANTA’s growth following early backing from strategic investors and the firm writes that it will accelerate product development and commercial growth ahead of a larger Series A planned for early 2027.
The firm writes that the index industry underpins over GBP9.1 trillion in UK assets under management, and more than GBP120 trillion globally, yet much of it still relies on manual workflows, spreadsheets and outdated systems.
As demand grows for more flexible, data-driven index products, providers are under pressure to innovate while relying on legacy technology not built for modern scale, the firm says.
Founded by Tobias Sproehnle (ex-Markit, Thomson Reuters, London Stock Exchange and Morningstar) and Mark Pralle (ex-Markit and Morningstar), the platform is designed to replace legacy operations with a modern, end-to-end system that automates index design, calculation and delivery.
“Its technology combines front-end design tools with a scalable calculation engine, enabling clients to create, test and launch indices in minutes while automating rebalancing, reporting and compliance workflows.”
The solution serves asset managers, index providers and data platforms, reducing time-to-market, cutting infrastructure costs and helping teams work more efficiently. The company says that it has already onboarded its first live clients and struck relationships with major strategic partners.
The new funding will be used to grow the engineering team, accelerate product development and scale commercial operations as the company moves from pilot phase to full-scale rollout.
Tobias Sproehnle, CEO and Co-Founder of PANTA, says: “Producers and users of indices have been limited for too long by outdated systems. PANTA digitalises the entire value chain, helping clients innovate faster, operate more efficiently and deliver greater value to investors.”
Mark Pearson, Managing Partner at Fuel Ventures, says: “Tobias and Mark are exactly the kind of experienced founders we look to back – combining decades of sector knowledge with the technical ambition to reimagine how an entire industry operates. The index market is long overdue for transformation, and PANTA’s platform is bringing a level of automation and scalability it’s never seen before. With their proven track record of building and exiting high-growth businesses, we’re confident the team is well placed to lead the next wave of innovation in financial data infrastructure.”
