Crest, an AI-native fractional family office and wealth management platform, has raised $3.1 million in a pre-seed funding round. In another development, ContraVault AI has raised a similar amount in its pre-Series A funding round.
BEENEXT, others lead funding in Crest
Mumbai-based Crest, an AI-native fractional family office and wealth management platform, has raised $3.1 million in a pre-seed funding round led by BEENEXT, Sparrow, Shastra VC, DeVC, Warmup Ventures, Atrium Ventures, and 91ventures.
The round also saw participation from angel investors, including Amit Ranjan, Chirag Taneja, Revant Bhate, Shantanu Deshpande, and Kashish Sharma.
The company plans to use the capital proceeds to strengthen its technology platform, expand its family office and investment teams, enhance regulatory and compliance capabilities, and build its asset management offerings.
Chiratae invests in ContraVault AI
Bengaluru-based procurement intelligence startup ContraVault AI has raised 3.1 million (Rs 29 crore) in its pre-Series A funding round led by Chiratae Ventures.
The funding also saw participation from existing investor Titan Capital, the startup said in a statement.
The capital proceeds will be used to accelerate product innovation, advance AI capabilities, and support the company’s expansion into global markets, particularly the United States, the statement added.
Founded in 2024 by Sayan Sen, Isha Juneja and Tanmay Juneja, ContraVault’s AI-powered platform enables organisations to analyse tenders and RFPs, identify risks, ensure compliance, and streamline decision-making across bidding lifecycle.
