Ontra Acquires FundFormer to Expedite Fund Raising for Asset Managers.
MANews-(C)2009-2022
San Francisco-based contract automation and intelligence provider Ontra, serving asset managers, has acquired New York-based electronic subscription document provider FundFormer, serving fund managers and their investors to help asset managers raise funds faster, the company said.
Terms of the transaction were not disclosed.
FundFormer works with investment funds to convert their subscription documents into a digital format and guides investors through relevant parts of the documentation.
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