Juniper Square, the leading provider of connected fund software and services for the private markets, has announced the close of its Series D funding round, raising $130 million and reaching a valuation of $1.1 billion. The round was led by Ribbit Capital, with major strategic backing from Fifth Wall, and participation from Redpoint Ventures, HighSage Ventures, Blue Owl Capital, and others.
The new funding will fuel Juniper Square’s continued expansion and accelerate the development of JunieAI, the company’s purpose-built, enterprise-grade AI platform tailored specifically for general partners (GPs) in the private markets. JunieAI blends advanced large language model (LLM) capabilities with Juniper Square’s proprietary fund system of record, integrated workflows, and security infrastructure—empowering GPs to streamline operations, boost efficiency, and make smarter decisions, faster.
“JunieAI is built for the unique demands of private markets,” said Alex Robinson, CEO and Co-Founder of Juniper Square. “It’s more than just AI—it’s deeply embedded into our fund system of record and workflows to unlock real operational leverage for GPs.”
The Series D raise follows a period of exceptional growth for the company. Juniper Square’s fund administration arm has seen a compound annual growth rate (CAGR) exceeding 100% over the past three years, and now manages over 2,000 fund entities across a diverse set of investment strategies and structures.
Private equity and venture capital firms are driving much of this momentum, with four of the company’s five largest customers coming from those verticals. In May, Juniper Square also expanded into Luxembourg, positioning itself to support cross-border operations and integrated fund administration for global clients.
“Juniper Square has become a critical infrastructure provider for the private markets,” said Micky Malka, Managing Partner at Ribbit Capital. “Their vision for AI in fund operations is transformative, and their platform is already deeply embedded across the industry.”
As Juniper Square continues to scale, this funding round ensures it can lead the next generation of innovation in private markets infrastructure—anchored by AI, automation, and a deeply integrated platform for fund managers and investors.
