What is Finomial?
Finomial is a financial technology company that automates critical processes for alternative asset servicing. With over US$1.5 trillion in assets serviced globally, its platform streamlines client onboarding, due diligence, and regulatory reporting. The company aims to transform interactions between financial institutions and their investors, reducing friction and enhancing the digital client experience for both General Partners (GPs) and Limited Partners (LPs).
How much funding has Finomial raised?
Finomial has raised a total of $6.4M across 6 funding rounds:
Private Equity
$2.3M
Private Equity
$499K
Private Equity
$1.1M
Debt
$719K
Private Equity
$1.6M
Debt
$150K
Private Equity (2011): $2.3M with participation from Bridgescale Partners, L.P.
Private Equity (2013): $499K led by Bridgescale Partners, L.P.
Private Equity (2014): $1.1M, investors not publicly disclosed
Debt (2015): $719K featuring Feldman Advisors
Private Equity (2016): $1.6M backed by Bridgescale Partners
Debt (2020): $150K with participation from PPP
Key Investors in Finomial
Bridgescale Partners
Bridgescale Partners is a venture capital firm focused on investing in high-potential private technology companies. They provide capital and access to an extensive network, aiming to help young companies achieve their full potential through disruptive investments in innovative technology firms.
Feldman Advisors
Feldman Advisors operates with a venture capital and advisory model, working hands-on with entrepreneurs before shaping and leading investment activities. Their approach suggests a strategic partnership with portfolio companies.
PPP
Public-Private Partnership
What's next for Finomial?
The company's recent major strategic investment, coupled with its substantial total funding, indicates a mature enterprise-level stage. This capital infusion is likely to fuel further platform development, expansion into new markets, and enhancements to its compliance and client experience offerings. Finomial is well-positioned to continue its role in modernizing the financial services infrastructure, particularly in the alternative assets space.
See full Finomial company page
