Sightglass has raised a $3 million seed funding round led by Base10 Partners. Sightglass was founded by Thomas Buley, who has spent his career in finance and fintech, most recently as the vice president of product at Guideline. The company will use the funding to accelerate product development and expand its market presence.
"As institutional investors are committing record amounts of capital to alternatives, they're demanding greater transparency from their investment managers. Sightglass facilitates that information flow, from our AI-powered data rooms during fundraising through automating responses to ongoing due diligence questionnaires [DDQs],” said Thomas Buley, the founder and CEO of Sightglass.
Sightglass launched in March 2024, and customers quickly saw more than 90 percent time savings when responding to investor information requests during fundraising, according to release.
Sightglass has since expanded its product offerings to help venture capital
