Filament Syfter
Category: AI in Analytics & BI
An AI-enabled data engine purpose-built for private market dealmakers, offering a robust platform to integrate, interrogate, and enrich proprietary market intelligence. Filament Syfter was founded in 2016. The company is led by Phil Westcott. Based in New York, USA & London, UK. Team size: N/A. Total funding raised: $4.8 Million (Series A) and previously £2.85 Million in seed funding. Latest round: $4.8 Million in Series A funding (June 2023). Key investors include FINTOP Capital (lead for Series A), Wealth Club (seed round investor).
- Founded
- 2016
- Headquarters
- New York, USA & London, UK
- Team size
- N/A
- Total funding
- $4.8 Million (Series A) and previously £2.85 Million in seed funding
Value proposition
Enables firms to source more relevant deals, enhance ROI on technology investments, and build proprietary AI capabilities by leveraging both internal and third-party data in real time.
Products and solutions
Syfter platform (AI-enabled data engine)
Unique value
Allows private markets to curate and train bespoke AI assets by integrating third-party data with proprietary information. Utilizes advanced NLP and ML to sift through deal opportunities in real time.
Target customer
Private market dealmakers, private equity firms, and investment banking firms
Industries served
Private Equity, Investment Banking, Private Markets
Technology advantage
Transforms a firm's extensive data ecosystem into a competitive advantage by enabling the development of in-house AI capabilities without the need for building technology from scratch.
How they differentiate
Tailored specifically for private market dealmakers; integrates unique in-house data with external sources to deliver a comprehensive and proprietary market intelligence solution, unlike generic AI platforms.
Main competitors
PitchBook, Preqin, MergerMarket
Key partnerships
FINTOP Capital
Notable customers
Astorg, Inflexion, Cavendish
Major milestones
Secured $4.8 million in Series A funding (June 2023) Raised £2.85 million in seed funding (May 2023) Development and launch of the Syfter platform
Growth metrics
Expanding global presence in the private equity and investment banking sectors with rapid product innovation and market adoption.
Market positioning
A leading, award-winning AI-enabled data integration platform for private market deal sourcing.
Geographic focus
Global, with a strong presence in New York and London and plans for further international expansion
Patents and IP
No publicly listed patents for the AI data engine
About Phil Westcott
Phil Westcott is the Co-founder and CEO of Filament Syfter. He has a 20-year career in applied technology, with a decade of experience in building AI-powered data platforms. Prior to Filament, he was a Director at IBM, where he led the Watson Ecosystem in Europe, headed the Smarter Cities business in Southeast Asia, and launched the global IoT practice.
Official website: https://filament.ai/