# Mark Hurley

> Mark Hurley is the co-founder and CEO of Caruso, an AI-native fund administration and registry platform for private markets that spun out of a property fund business in 2023 and now administers roughly $80 billion in assets across 900-plus funds. A serial New Zealand entrepreneur, he earlier built the digital agency Little Giant (sold to Dentsu Aegis Network in 2017) and co-founded the fractional commercial real estate firm Jasper in 2019. He splits his time between Auckland and Dallas and is an active early-stage investor in companies including Tracksuit, Sharesies and First AML.

- **Role:** Co-Founder & CEO at Caruso
- **Organizations:** Caruso, Jasper, Little Giant, The Icehouse
- **From:** New Zealand
- **Nationality:** New Zealander
- **Known for:** Built and sold digital agency Little Giant to Dentsu Aegis Network (2017)., EY Entrepreneur of the Year finalist (2017)., Co-founded Jasper, pioneering digitised fractional commercial real estate investment in New Zealand.

## Career timeline

- **2014** — Founded Little Giant, a product and innovation / digital agency partnering with New Zealand technology startups.
- **2017** — Sold Little Giant to Dentsu Aegis Network; named a finalist for EY Entrepreneur of the Year.
- **2019** — Co-founded Jasper, a commercial real estate firm offering digitised fractional property investment.
- **2023** — Co-founded Caruso with Oliver Shaw, spinning out fund-administration software built inside the fund business into a standalone company.
- **2024** — Raised a $3.2M Seed round led by Icehouse Ventures; secured A$3.2M from private credit firm Balmain.
- **2026** — Closed a $9.3M Series A at an $80M valuation as assets under administration reached ~$80 billion.

## Achievements

- Built and sold digital agency Little Giant to Dentsu Aegis Network (2017).
- EY Entrepreneur of the Year finalist (2017).
- Co-founded Jasper, pioneering digitised fractional commercial real estate investment in New Zealand.
- Co-founded Caruso, which grew assets under administration roughly tenfold to ~$80 billion in 12 months.
- Grew Caruso to 900+ funds and 80+ fund managers, including ASX-listed Centuria Capital Group.
- Raised a $9.3M Series A led by Icehouse Ventures and GD1 at an $80M valuation.

## Latest updates

- **2026-04** — Caruso closed a $9.3M Series A at an $80M valuation; assets under administration reached ~$80 billion, up tenfold in a year, with revenue up 400%.

## Links

- Website: https://getcaruso.com
- LinkedIn: https://www.linkedin.com/in/mark-jude-hurley/
- Twitter/X: https://x.com/markjudehurley

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Profile page: https://yespress.io/mark-hurley
Published by YesPress — https://yespress.io
Last updated: 2026-07-09