Hanoverpark raises $27M
Hanoverpark closed a $27M Series A for an AI‑native fund administration platform that already handles $15B AUM and uses agents to extract portfolio data from emails—aiming to automate general ledgers, waterfalls and investor portals. Investors are clearly betting on automation to compress capex in middle‑office operations. (x.com)
The round was announced on March 18, 2026 and was led by Emergence Capital with participation from Lux Capital and Susa Ventures. (emcap.com) Co‑founders Chris Hladczuk and Nick Puljic are named as the company’s founders, with Hladczuk previously at Goldman Sachs and Meow and Puljic positioned as the technical co‑founder. (emcap.com) Company materials say they executed a complex data migration for Asylum Ventures that covered more than 30 legal entities and a decade of historical records in roughly 100 hours. (emcap.com) The corporate website lists feature names including an “AI Inbox Analyzer” and “AI Agents with full context on your firm,” alongside automated financial reporting and streamlined audit support. (hanoverpark.com) Public job postings show active hiring for roles such as Founding Fund Accountant and Forward‑Deployed Engineer and describe pairing fund accountants with engineers to automate bill uploads, SOI requests, and LP responses. (jobs.ashbyhq.com) Emergence’s writeup frames the opportunity by contrasting the startup with legacy incumbents and notes SS&C’s roughly $20 billion market cap as a signal of market size the team plans to disrupt. (emcap.com) Third‑party profiles list Hanover Park as founded in 2024 and headquartered in New York, and the company has been included in Forbes’ 2026 coverage of notable startups. (pitchbook.com)
