ETFbook raises $13m led by Expedition Growth Capital
BlackFin Capital Partners participated as ETFbook prepares to expand into the Americas and Asia-Pacific.
SquaredData AG, the company behind ETFbook, raised $13 million led by Expedition Growth Capital, with existing investor BlackFin Capital Partners participating.
ETFbook supplies ETF data and analytics through APIs and a web application for fund issuers, trading firms and other financial institutions. The financing will support expansion into the Americas and Asia-Pacific, including offices in New York and Hong Kong and a delivery hub in Cracow. The company is also developing a conversational AI layer for working with its data.
Use of funds
Expand in the Americas and Asia-Pacific
Open New York and Hong Kong offices and a Cracow delivery hub