Trade surveillance solution provider raises 30 million USD
As the focus of trade surveillance widens to other asset classes like crypto, Eventus is poised not only to set the standard for compliance and transparency
Eventus Systems a leading global provider of multi-asset class trade surveillance and market risk solutions, has closed on a $30 million Series B funding round, led by Centana Growth partners, with DRW VC, CMT digital participating firms in addition to Jump Capital and LiveOak Venture Partners,
Eventus will use the proceeds to further scale across the organization, including growing its sales, product and engineering teams, building further on its flagship Validus platform, expanding its product suite across asset classes and introducing new financial risk applications to the platform.
Eventus CEO Travis Schwab said: “Following our investment round early last year, we continued to show strong topline revenue growth, nearly quadrupling our staff across every facet of our business, building on our presence in Europe and Asia-Pacific, attracting a wide range of new clients and adding hundreds of new features and enhancements to our Validus platform. With a strong foothold in all of the major asset classes, we became the leading trade surveillance solution for the major digital asset exchanges globally and expanded our reach into the fixed income and foreign exchange markets. This new investment positions us to achieve our ambitious plans for further growth and penetration into new markets, as well as our never-ending quest for delivering market-leading solutions and support across the capital markets ecosystem. We’re delighted to welcome our newest investors and grateful for the continued support of those who believe in our vision.”
Matt Alfieri, Principal at Centana Growth Partners, said: “The past year has demonstrated the increased need for automating and strengthening regulatory compliance. We’ve been incredibly impressed by the deeply experienced team and efficient, scalable and powerful trade surveillance and market risk system that Eventus has built. Its clients are truly passionate about the platform and quality of service. As the focus of trade surveillance widens to other asset classes like crypto, Eventus is poised not only to set the standard for compliance and transparency but to further accelerate its growth trajectory.”
With the new investment round, Eventus has raised $48.5 million to date, including the $10.5 million Series A growth capital funding round in February 2020, led by Jump Capital and LiveOak Venture Partners.