Capitolis announced a $56 million round of funding that included Barclays, BNP Paribas, and J.P. Morgan, alongside existing venture capital investors. The fundraising includes investments previously announced in November 2024 from Citi, Morgan Stanley, State Street, and UBS.
Gil Mandelzis, CEO and founder, Capitolis, said in a statement. “These investments will help us further accelerate our growth and expansion in the capital markets as we continue our strong business momentum.”
“We’re pleased to support the ongoing development of innovative products by Capitolis, and this investment further cements the collaboration between our firms,” said Kester Keating, head of US Principal Investments at Barclays.
“Capitolis is an N-of-1 company building critical infrastructure for the capital markets industry,” said Theo Osborne, managing partner at 9Yards Capital, in a statement. “We are very excited to continue backing Gil and the team’s vision to bring great efficiency to the backbone of our global economies.”
In another fintech funding announcement, Saphyre secures $70 Million in growth equity investment from FTV Capital. The investment will drive continued product innovation, accelerate go-to-market and international expansion, and deepen integration across the financial services ecosystem from pre- through post-trade.
Saphyre is an AI-powered software platform for automating finance operations and trading workflows. FTV Capital is a sector-focused growth equity firm with a strong track record of investing in high-growth capital markets technology companies. The investment will enable Saphyre to accelerate go-to-market efforts in pre- and post-trade, support ongoing product innovation, expand its global footprint and deepen integration across the financial services ecosystem.
“Despite the rapid pace of innovation in financial services, middle-office workflows continue to rely on outdated and fragmented processes,” said Mike Cichowski, partner at FTV Capital, in a statement. “Saphyre has grown rapidly as a category leader in automating account and fund onboarding through its differentiated platform and cloud-native architecture, which enables seamless data sharing between investment managers, asset owners and the sell-side and benefits from a powerful network effect that strengthens with each new client.”
“BNP Paribas remains a committed partner to Saphyre and supports the innovation the company is continuing to bring to the industry,” said Junaid Baig, head of strategic investments and co-head of strategy at BNP Paribas. Baig also commented on the Capitolis fundraise in a separate statement: “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.”