London-based Eunice has secured $8 million in funding to advance its AI-powered due diligence platform for alternative assets. The seed and pre-seed round, led by Moonfire Ventures and Speedinvest, will help the company tackle the growing transparency gap in private markets. Eunice provides institutional-grade infrastructure to standardize how complex investment decisions are assessed, documented, and defended.
Addressing a Critical Transparency Gap
The rapid growth of alternative assets, from private equity to digital currencies, has outpaced traditional due diligence methods. Many institutional investors still rely on manual, fragmented processes, creating significant risk as regulatory scrutiny intensifies. This gap between capital flow and oversight mechanisms presents a systemic challenge for fiduciaries and market stability.
Eunice's platform directly confronts this issue by introducing standardized, auditable frameworks for investment assessment. Its AI agents generate structured, audit-ready reports, replacing inconsistent workflows with a transparent and defensible process. The system is designed to augment professional judgment with robust documentation, not to replace human oversight entirely.
A Foundation in Digital Assets
The company initially honed its technology within the digital asset sector, where the need for structured due diligence became apparent early on. Eunice has collaborated with major firms like Coinbase and Crypto.com, providing asset-level assessments to meet rising regulatory demands. Its participation in the UK Financial Conduct Authority’s Regulatory Sandbox also contributed to developing industry disclosure templates.
Now, Eunice is applying this proven infrastructure to the broader private markets, a sector projected to exceed $30 trillion. Institutional allocators such as pension funds and endowments face similar pressures to improve governance and transparency in their decision-making. The platform offers these organizations a way to manage complex opportunities while clearly demonstrating their evaluation process.
Strong Backing from Industry Leaders
The funding round attracted significant interest from prominent venture capital firms and angel investors, signaling strong confidence in Eunice's approach. Mattias Ljungman, Founder of lead investor Moonfire Ventures, noted that Eunice exemplifies the next wave of vertical AI startups. He emphasized that its advantage lies in embedding regulatory logic and accountability directly into its workflow.
The investment also saw participation from Openspace Ventures and a notable group of angel investors with deep industry expertise. This includes founders from Indeed.com, ComplyAdvantage, and Anchorage Digital, among others. Such backing underscores the market's recognition of the urgent need for modernized due diligence infrastructure in regulated financial sectors.
Fueling Future Growth and Expansion
With the new capital, Eunice plans to significantly enhance its AI agent capabilities and expand its platform's coverage across private markets. The funding will also be allocated to scaling its commercial operations to meet growing demand. This strategic investment aims to solidify the company's position as a leader in financial technology infrastructure.
Founder and CEO Yi Luo stated that opaque decision-making hides risk until it becomes a critical problem. "We’re building the infrastructure that makes that process structured, transparent and defensible, without stripping away professional judgement," she explained. This vision highlights the company's commitment to fostering greater accountability in institutional investing.
This $8 million funding round marks a pivotal moment for Eunice and the broader alternative asset industry. By providing the tools for auditable and transparent due diligence, the company is addressing a fundamental need for accountability in an expanding market. As regulatory expectations evolve, such AI-driven infrastructure will be essential for maintaining investor confidence and market integrity.