ETFbook, specialising in data and analytics for the exchange traded funds (ETF) market, has announced €4 million Series A funding round led by BlackFin Capital Partners.
The Zurich-headquartered company, with presence in key European financial hubs such as London, Paris, Frankfurt, Amsterdam, and Dublin, provides a comprehensive data and analytics platform accessible through a user-friendly web application and robust APIs.
It has demonstrated strong growth since its launch in mid-2020, now engaging with a diverse client base of 35+ institutional clients.
“We are very pleased to announce BlackFin Capital Partners as our first external investor,” said Pawel Janus, Ph.D., Co-founder and CEO of ETFbook. “This investment will accelerate the execution of our ambitious product roadmap and geographic expansion strategy, enabling ETFbook to better serve the ever-evolving data & analytics needs in the thriving ETF markets, globally.”
The company says to effectively navigate what is a rapidly evolving market, ETF eco-system and investment professionals require access to comprehensive, up-to-date, actionable data and analytics to make informed and strategic decisions. It reports that use cases span a wide range, including new product analysis, fund flows analysis, performance comparisons across ETFs tracking similar indices, liquidity analysis from on and off-exchange trading volumes. With the increasing sophistication of newly launched products such as Active ETFs or Digital Assets ETPs, ETFbook provides solutions to support portfolio composition files production that enable the listing of those
“As a finance-focused investor, we observe daily the strong tailwinds propelling forward the whole ETF industry” saidRomain Grimal, Senior Investment Manager, BlackFin Capital Partners. “We have been impressed by the robustness of ETFbook’s platform as well as its founding team’s execution capabilities. ETFbook provides an answer to the needs of all stakeholders involved. We share Pawel and Bartlomiej’s vision and are thus delighted to lead ETFbook’s Series A funding round to support them in becoming the leading source of truth for the ETF market.”
Recent Comments