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Hanover Park Raises $27M Series A to Replace the Financial Infrastructure Behind $100 Trillion in Global Assets

The AI-native fund administrator grew from $1B to $15B in assets under administration in under 12 monthsNEW YORK, March 18, 2026 (GLOBE NEWSWIRE) -- Hanover Park, the AI-native fund administrator for private equity and venture capital, today announced a $27 million Series A led by Emergence Capital (the first institutional investor in Salesforce and Zoom), with participation from Lux Capital and Susa Ventures. Fund administration powers over $100 trillion in global assets, yet the industry still

articleSalesforce, Inc.March 18, 20262/company/salesforcecom-inc/news/hanover-park-raises-dollar27m-series-a-to-replace-the-financial-infrastructure-behind-dollar100-trillion-in-global-assets
Hanover Park Raises $27M Series A to Replace the Financial Infrastructure Behind $100 Trillion in Global Assets

About this update from Salesforce, Inc.

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More updates from Salesforce, Inc.

Hanover ParkEmergence Capitalfund administratorLux Capitalinstitutional investorfund accountantsventure capitalportfolio management