๐ฅ Asset Managers Juggle Up to Nine Back-Office Systems. Ridgeline Raised $250 Million to Replace Them With One.
Dave Duffield built PeopleSoft and Workday. His third act, Ridgeline, just raised $250M at a $1.425B valuation to replace the six-to-nine legacy systems running the back office of asset managers with one AI-native platform.