Tech provider profile: 73 Strings
Overview
73 Strings offers AI-augmented products that provide intelligent financial analysis and data hubs for equity, credit instruments, and monitoring. The platform aims to streamline the most time-consuming elements of the valuation process by analysing both structured and unstructured data sources to produce financial intelligence, along with associated reports. As of 2024, its clients have a combined AUM of $8trn.
- Provider type
- Software provider
- Functions
- Middle office, Back office, Investor relations, Portfolio monitoring & value creation, Other operations
- Services offered
-
- Cap table management
- Collaboration & process management
- Company financials & benchmarks
- Document & data automation
- ESG monitoring & reporting
- Fund administration
- Fund performance data & benchmarks
- Investment cost analysis
- LP onboarding & fund subscription
- LP data
- Portfolio monitoring
- Valuations
- Geographies
- Europe, US, Asia, MENA
- Year founded
- 2020
- Team size
- 250
- Number of offices
- 6
- Office locations
- New York City, Paris, London, Bengaluru, Toronto, São Paulo
- Clients serviced
- General Partners, Limited Partners, Lenders & debt fund managers, PE advisers & consultants
- Access model
- Web portal, API
- Integrations
- Fund accounting systems, data collection systems, CRMs, third-party data sources
Key team members
Yann Magnan
CEO
Abhishek Pandey
Deputy CEO
Vinod Vijapur
CTO
Insights
Evolving retail trends
Technology has an integral role to play as private markets adapt to the needs and expectations of retail investors and HNWIs, according to Yann Magnan, CEO and co-founder of 73 Strings, and Jonathan Balkin, co-founder and executive director of Lionpoint
The Drawdown Awards winners: 73 Strings
The Drawdown speaks to Yann Magnan, CEO and co-founder of 73 Strings, winner in the Technology: Innovation category at The Drawdown Awards 2023
What users say
After using the leading legacy systems and closely reviewing challengers over the past decade plus, it was clear 73 Strings had raised the bar to the next level with both their valuation software and portfolio monitoring capabilities. After a year of working with 73 Strings in developing the portfolio monitoring solution, I’m confident they combine the best aspects of the leading incumbents in an all-in-one amazing solution.
Head of private equity valuations and portfolio monitoring at a global VC-Hedge fund
73 Strings has helped us digitalize and optimize our entire valuation process with a state-of-the-art, new generation solution that has delivered significant ROI across our entire operations, from valuation and compliance, to finance and controlling, and with our investment teams. We continue to work with 73 Strings by providing feedback for some of the enhancements they are making to leverage valuation and related analytics for decision making, due diligence and fund raising.
Global head of financial affairs at a PE fund with AUM of $31bn
Product roadmap
From the provider (March 2024):
73 Strings is committed to enhancing our product portfolio in areas of data collection (DC), portfolio monitoring (PM), and valuation. We are actively collaborating with clients to implement advanced techniques for gathering comprehensive financial data, integrating AI-driven automation to improve efficiency, and refining validation algorithms for data integrity. Our roadmap includes developing customizable dashboards and predictive analytics tools for real-time insights into portfolio performance, alongside expanding valuation coverage and integrating machine learning for accuracy.
This content was produced in association with 73 Strings
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