London-based FinTech startup PANTA has secured €3.4 million (£3 million) in fresh funding as it looks to modernise how financial indices are created, managed and delivered.
The funding round was led by Fuel Ventures and includes €1.7 million (£1.5 million) from the UK venture capital firm alongside another €1.7 million (£1.5 million) through an Innovate UK Innovation Loan.
Founded in 2024 by Tobias Sproehnle and Mark Pralle, PANTA is building a SaaS platform designed to help financial institutions create and manage customised indices and portfolios with greater speed, scale and automation.
“Producers and users of indices have been limited for too long by outdated systems,” said Tobias Sproehnle, CEO and co-founder of PANTA. “PANTA digitalises the entire value chain, helping clients innovate faster, operate more efficiently and deliver greater value to investors.”
The startup is targeting a major infrastructure gap in the financial data and index management sector. According to the company, the global index industry supports more than €103 trillion ($120 trillion) in assets worldwide, including over €10.4 trillion (£9.1 trillion) in UK assets under management. Despite the sector’s scale, many providers still rely on spreadsheets, manual processes and legacy systems that struggle to meet modern market demands.
PANTA says its platform replaces traditional workflows with a fully integrated system that automates index design, calculation and delivery. The technology combines front-end design tools with a scalable calculation engine, allowing clients to create, test and launch indices within minutes while automating tasks such as rebalancing, reporting and compliance.
The platform is built for asset managers, index providers and financial data platforms looking to reduce operational costs and accelerate product launches. The company says it has already onboarded its first live customers and established strategic partnerships within the industry.
Mark Pearson, Managing Partner at Fuel Ventures, believes the market is ready for disruption.
“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,” Pearson said. “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 the new capital, PANTA plans to grow its engineering team, accelerate product development and expand commercial operations as it moves from pilot projects to a broader market rollout. The company is also preparing for a larger Series A funding round expected in early 2027.
As demand grows for more flexible and data-driven investment products, startups like PANTA are increasingly positioning themselves as the next generation of infrastructure providers powering the future of financial markets.
