Capitalis Unveils Significant Financial Commitments Strategy
Capitolis, a financial technology company, has successfully closed a Series E funding round, raising a total of $56 million. This round saw the participation of new bank investors, Barclays and BNP Paribas, alongside existing investors such as J.P. Morgan, Citi, Morgan Stanley, State Street, and UBS. Venture capital firms Canapi Ventures, 9Yards Capital, and Greenfield Partners, who had previously invested in Series D, also increased their investments in this round.
Gil Mandelzis, CEO and Founder of Capitolis, expressed his excitement about the continued support from strategic global banks. He noted the new participation from Barclays and BNP Paribas alongside the reaffirmation from J.P. Morgan and strengthened backing from VC investors. Mandelzis stated these investments will "help us further accelerate our growth and expansion in the capital markets as we continue our strong business momentum."
Junaid Baig, Head of Strategic Investments at BNP Paribas, expressed enthusiasm about supporting Capitolis' growth and collaborating with its leadership to develop innovative solutions aimed at better serving clients. Kester Keating, Head of US Principal Investments at Barclays, echoed similar sentiments, expressing pleasure about supporting the ongoing development of Capitolis' innovative products.
The funds raised will be used to accelerate growth within Capitolis' Capital Marketplace and Portfolio Optimization businesses. Theo Osborne, Managing Partner at 9Yards Capital, expressed excitement about continuing to back Capitolis' vision for efficiency in the capital markets industry. Gene Ludwig, Managing Partner at Canapi, admired Capitolis' exciting products and strong leadership. Shay Grinfeld, Managing Partner at Greenfield Partners, expressed satisfaction with Capitolis' solutions that make capital markets safer and more efficient.
Capitolis is viewed as a strategic partner to the financial industry, working closely with leading banks and financial institutions to solve core optimization needs. Matthew Franklin-Lyons, Global Head of Rates Trading at J.P. Morgan, expressed satisfaction with Capitolis' innovation within financial markets. Capitolis continues to receive praise for its innovative solutions from various financial industry leaders.
This funding round marks a significant milestone for Capitolis, further solidifying its position as a key player in the financial technology sector. The company's innovative solutions and strategic partnerships continue to attract the attention and support of some of the world's leading banks and venture capital firms.
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