PANTA, a London-based SaaS FinTech startup aiming to transform how financial indices are built and managed, has raised €3.4 million (£3 million) in a fresh funding round led by Fuel Ventures.
The round includes €1.7 million (£1.5 million) from the UK venture capital fund and €1.7 million (£1.5 million) provided as an Innovate UK Innovation Loan.
Tobias Sproehnle, CEO and co-founder of PANTA, said, “Producers and users of indices have been limited for too long by outdated systems.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.”
Founded in 2024 by Sproehnle and Mark Pralle, PANTA empowers financial institutions to build and manage complex, bespoke indices and portfolios with “unprecedented scale, speed, and precision”.
According to the company, the index industry underpins over €10.4 trillion (£9.1 trillion) in UK assets under management, and more than €103 trillion ($120 trillion) globally, yet much of it still relies on manual workflows, spreadsheets and outdated systems. As demand for more flexible, data-driven index products increases, providers face pressure to innovate while still depending on legacy technology not designed for modern scale.
PANTA claims to replace legacy operations with a modern, end-to-end system that automates index design, calculation and delivery.
The company states that its technology combines front-end design tools with a scalable calculation engine. This enables clients to create, test and launch indices in minutes while automating rebalancing, reporting and compliance workflows.
The solution caters to asset managers, index providers and data platforms, helping them reduce time-to-market, cut infrastructure costs and work more efficiently. The company has already onboarded its first live clients and established relationships with major strategic partners.
Mark Pearson, Managing Partner at Fuel Ventures, commented, “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.”
With this fresh funding, the company plans to expand the engineering team, accelerate product development and scale commercial operations as it moves from pilot to full-scale rollout. A larger Series A funding round is also on the cards for early 2027.
