What is Zilo?
Zilo operates at the intersection of fintech and institutional operations, providing a sophisticated, cloud-based platform designed to replace the fragmented legacy systems currently hindering the asset and wealth management sectors. By digitizing and automating complex transfer agency workflows, Zilo enables financial institutions to achieve unprecedented levels of operational efficiency and scalability. The company's core value proposition lies in its ability to reduce technical debt while simultaneously enhancing the agility of global asset managers, positioning it as a critical infrastructure provider in the evolving digital finance landscape.
The firm's focus on high-performance architecture allows it to address the rigorous demands of large-scale financial entities, ensuring that data integrity and regulatory compliance remain at the forefront of its technological deployment. As the industry shifts toward more integrated, real-time processing, Zilo serves as a foundational partner for firms seeking to modernize their back-office capabilities.
How much funding has Zilo raised?
Zilo has raised a total of $58.8M across 1 funding round:
Series A
$58.8M
Series A (2025): $58.8M with participation from Citi, Portage Mutual Insurance, State Street, and Fidelity International
Key Investors in Zilo
Citi
Citibank NA is a global financial services multinational corporation providing comprehensive banking and lending solutions to institutional and retail clients.
State Street
State Street is a leading provider of financial services to institutional investors, focusing on investment management, research, and complex servicing solutions.
Fidelity International
Fidelity International is a global asset management firm delivering investment solutions and wealth management services to a diverse international client base.
What's next for Zilo?
With this latest injection of capital, Zilo is poised to scale its engineering and product development teams to meet the growing demand for its cloud-native transfer agency platform. The strategic focus will likely shift toward expanding its footprint within the global asset management ecosystem, targeting key markets where legacy system reliance remains a significant barrier to growth. By leveraging the expertise of its high-profile backers, Zilo is expected to accelerate its product roadmap, potentially introducing new modules for automated compliance and cross-border transaction management. The company's ability to maintain its momentum will be contingent on its success in migrating large-scale institutional clients from antiquated, on-premise systems to its modern, scalable cloud environment, thereby cementing its role as a leader in the digital transformation of financial services.
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