Capitolis, a New York-based technology company reimagining capital markets, announced that it raised a $110 million Series D at a $1.6 billion valuation, driven by the rapid emergence and market acceptance of its marketplace solutions.
The round was co-led by top fintech investors Canapi Ventures, 9Yards Capital, and SVB Capital. Existing investors include a16z, Index Ventures, Sequoia Capital, S Capital, Spark Capital, Citi, State Street, and J.P. Morgan. To date, Capitolis has raised $280 million.
In connection with the funding round, Jeffrey Goldstein, senior advisor at Canapi Ventures, Dan Beldy, partner at Canapi Ventures, and George Osborne, Founding Partner at 9Yards, join the Capitolis Board of Directors.
Company: Capitolis Inc.
Round: Series D
Funding Month: March 2022
Lead Investors: Canapi Ventures, 9Yards Capital, and SVB Capital
Additional Investors: a16z, Index Ventures, Sequoia Capital, S Capital, Spark Capital, Citi, State Street, and J.P. Morgan
Company Website: https://capitolis.com/
Software Category: Financial SaaS platform
About the Company: Founded in 2017, Capitolis is the leading SaaS platform that drives financial resource optimization for capital markets. Capitolis’ technology enables financial institutions to optimize their resources, execute seamlessly with new market participants, and achieve greater access to more diversified capital, all of which enable fairer, safer, and healthier capital markets. Capitolis’ vision is to transform capital markets by helping financial institutions optimize their capital and balance sheet exposures for the benefit of all participants. Through collaborative technology, Capitolis helps clients eliminate unnecessary positions and find the most suitable party to hold the remaining positions - freeing up capital and removing barriers that would otherwise restrict trading. To date, Capitolis has eliminated trillions of dollars in overall positions for more than 100 financial institutions, including many of the top global and regional banks and leading buy-side firms.