# MDOTM Raises $27M to Scale AI Investing Platform > Source: > Published: 2026-06-30 20:37:35+00:00 Industry context: Asset and wealth managers increasingly require scalable AI to manage thousands of portfolios while preserving human oversight; this raises operational demands around model validation, data pipelines, and portfolio orchestration. MDOTM Ltd. announced the close of a **$27 million** growth equity round led by **Expedition Growth Capital**, Business Wire and Axios report. The round brings MDOTM's total funding to **$36.5 million**, Business Wire reports. MDOTM's AI platform **Sphere** now supports more than **$100 billion** in assets across 60+ financial institutions, including Morgan Stanley, Amundi and Zurich Bank, per Business Wire and Fintech.global. New board members named in coverage include **Steve Twomey** (Expedition) and **James Hays** (IFC Advisors), Fintech.global reports. Business Wire and Fintech.global say the funding will accelerate international expansion and hiring across AI research, engineering, product, sales and client solutions.