London's MDOTM raises $27M to put AI inside wealth managers

MDOTM closed a $27 million growth-equity round led by Expedition Growth Capital, bringing total funding to $36.5 million. The London-founded company's AI platform, Sphere, supports over $100 billion in assets across 60 financial institutions including Morgan Stanley, Amundi, and Zurich Bank. The funds will fuel US and European expansion and hiring.