Capitolis, a financial technology company, announced new investments from some major global banks, including Barclays, BNP Paribas, J.P. Morgan, Citi, Morgan Stanley, State Street, and UBS. Venture capital firms Canapi Ventures, 9Yards Capital, and Greenfield Partners have also increased their backing, bringing total funding to $56 million.
The company will utilize these funds to support growth in its Capital Marketplace and Portfolio Optimization businesses, while continuing to foster close partnerships with leading financial institutions.
KEY QUOTES:
“We are thrilled for the continued support from strategic global banks, and we are excited to welcome Barclays and BNP on board and have J.P. Morgan reaffirm their commitment to Capitolis. It is also exciting to see a strong vote of confidence from our VC investors who participated in our Series D round and are strengthening their support even further. These investments will help us further accelerate our growth and expansion in the capital markets as we continue our strong business momentum.”
Gil Mandelzis, CEO and Founder, Capitolis
“We’re pleased to support the ongoing development of innovative products by Capitolis, and this investment further cements the collaboration between our firms.”
Kester Keating, Head of US Principal Investments at Barclays
“We’re excited to support the growth of Capitolis and collaborate with its strong leadership team in developing innovative solutions that enable us to better serve our clients.”
Junaid Baig, Head of Strategic Investments, BNP Paribas
“Capitolis continues to demonstrate innovation within financial markets and we are pleased to support them.”
Matthew Franklin-Lyons, Global Head of Rates Trading, J.P. Morgan
“Capitolis is a great company, becoming greater with exciting products and strong leadership. On behalf of my partners at Canapi, we are pleased to be a financial supporter of this exceptional company and management team.”
Gene Ludwig, Managing Partner, Canapi
“Capitolis is an N-of-1 company building critical infrastructure for the capital markets industry. We are very excited to continue backing Gil and the team’s vision to bring great efficiency to the backbone of our global economies.”
Theo Osborne, Managing Partner, 9Yards Capital
“Capitolis continues to deliver solutions that make capital markets safer and more efficient. We are thrilled to see what Gil and team have been able to accomplish to date and look forward to continuing to support Capitolis on its journey.”
Shay Grinfeld, Managing Partner, Greenfield Partners
