Tech Company Financing Transactions
Finomial Funding Round
On 2/8/2018, Finomial secured funding from Silver 8.
Transaction Overview
Company Name
Announced On
2/8/2018
Transaction Type
Venture Equity
Amount
Unknown
Round
Undisclosed
Investors
Silver 8 (Jose Suarez)
Proceeds Purpose
The proceeds will be used to expand Finomial's footprint globally in existing and new markets, including asset managers, private banks and wealth managers, commercial and investment banks, as well as fast-growing fintechs, including alternative banks and crypto asset platforms. Finomial will also use the funds to extend Finomial's current technical advantages as a single global SaaS platform with advanced geolocation of data across jurisdictions and reporting expertise in every global market.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
101 Arch St. 40
Boston, MA 02110
USA
Boston, MA 02110
USA
Phone
Website
Email Address
Overview
Finomial automates the hedge fund subscription process and provides investor analytics on compliance, marketing and investor relations.
Management Team
Title
Name
Email & Social
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