FINBOURNE Technology Valuation, Funding & Investors

FINBOURNE Technology is valued at $372M as of June 2024.

Last FINBOURNE Technology valuation

$372M

Series B · Jun 2024

Last FINBOURNE Technology funding round

$70M

Series B · Jun 2024

Cumulative funding FINBOURNE Technology raised

$95M

across 4 funding rounds

Key investors in FINBOURNE Technology

  • Frontline Ventures
  • Hedosophia
  • AVP
  • Highland Europe
  • HSBC
  • CommerzVentures

FINBOURNE Technology Overview

About FINBOURNE Technology

FINBOURNE Technology is a London-headquartered developer of SaaS-native data management platforms for investment firms. Founded in 2016, it offers LUSID for portfolio accounting, valuation, and risk analytics using bitemporal data handling, alongside Luminesce for real-time data virtualization from diverse sources.


Founded

2016

HQ

United KingdomLondon

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Valuation

$372M (Jun 2024)

FINBOURNE Technology Valuation

FINBOURNE Technology is currently valued at $372M, based on its Series B in June 2024.

The $70M round was led by AVP and Highland Europe, with participation from Pivot Investment Partners.

FINBOURNE Technology valuation by funding round

FINBOURNE Technology valuation by funding round
DateStageValuation
Jun 2024Series B$372M

FINBOURNE Technology Funding History

FINBOURNE Technology has raised a total of $95M across 4 funding rounds, plus 1 secondary share sale.

FINBOURNE Technology's first fundraising round was a $3M pre-seed round in June 2017. The most recent completed round was a $70M Series B in June 2024.

FINBOURNE Technology funding rounds

FINBOURNE Technology funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Sep 2024SecondaryCommerzVentures (lead); HSBC (lead)$60M-FINBOURNE Technology provides investment management solutions and a cloud-native data management platform that enables asset managers, asset owners, and servicers to increase revenue, reduce costs, and manage risk across the investment lifecycle. The company completed a secondary funding round in September 2024 with CommerzVentures and HSBC joining as board observers, bringing total funding to over £100 million following a £55 million Series B in June 2024. Six original investors participated in the follow-on, and four new investors joined. Santander CIB acted as exclusive financial advisor. Clients include Fidelity International, London Stock Exchange Group, Baillie Gifford, and Northern Trust, with operations in North America, UK, Europe, Asia, and Australia.
Jun 2024Series BAVP (lead); Highland Europe (lead); Pivot Investment Partners$70M$372MFINBOURNE Technology is a London-based financial data management and investment management solutions platform that provides a cloud-native data architecture for the investment community. The company delivers an interconnected network of functionality and data enabling asset managers, asset owners, and asset servicers to access a consolidated view of their financial data across front, middle, and back office operations. In June 2024, FINBOURNE Technology announced a Series B funding round of £55 million led by Highland Europe and AXA Venture Partners (AVP), valuing the company at just over £280 million post-money. This round followed a Series A of £15 million in 2021. The funding was designated to expand sales, product, and marketing capabilities across the US, UK, Ireland, Singapore, and Australia. Recent client wins in the prior 12 months included Northern Trust, Omba Advisory, and the Pension Insurance Corporation (PIC), demonstrating strong market adoption. The company remained majority employee-owned following the funding round and subsequently completed an additional secondary funding round bringing total capital raised to over £100 million, with CommerzVentures and HSBC joining as board observers.
Apr 2021Series AFidelity International Strategic Ventures (lead); Hedosophia (lead); London Stock Exchange Group (lead)$21M-FINBOURNE Technology is a financial software company that has raised a total of $127.77M to $186.47M across 5 to 7 funding rounds, with its latest being a Series B for $69.71M on June 17, 2024, from investors including AXA Venture Partners and Highland Europe.
Nov 2018SeedFrontline Ventures (lead); Thomson Reuters$3M--
Jun 2017Pre-seedFrontline Ventures (lead)$3M--

Who has invested in FINBOURNE Technology?

10 investors have backed FINBOURNE Technology across its funding rounds, including Frontline Ventures, Hedosophia, AVP, Highland Europe, HSBC and CommerzVentures.

Lead investors include CommerzVentures, HSBC, AVP, Highland Europe, Fidelity International Strategic Ventures and 3 other investors.


FINBOURNE Technology Investors

Investors in FINBOURNE Technology by funding rounds participated
InvestorHQRoundsRoleFirst check
Frontline VenturesUnited KingdomLondon2LeadJun 2017
London Stock Exchange GroupUnited KingdomLondon1LeadApr 2021
Thomson ReutersCanadaCanada1ParticipantNov 2018
HSBCUnited KingdomLondon1LeadSep 2024
AVPFranceParis1LeadJun 2024
Highland EuropeUnited KingdomLondon1LeadJun 2024
Fidelity International Strategic VenturesUnited KingdomLondon1LeadApr 2021
HedosophiaUnited KingdomLondon1LeadApr 2021

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FINBOURNE Technology Competitors

FINBOURNE Technology competitors include listed companies like Datawalk and HCR Co, and private ones like Nelogica, Total Expert, NYMBUS and Akur8.

Public and private companies comparable to FINBOURNE Technology
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
NelogicaBrazilPorto AlegrePrivate--$532M-
Total ExpertUnited StatesMinneapolis, MNPrivate--$347M-
NYMBUSUnited StatesJacksonville, FLPrivate--$334M-
Akur8FranceParisPrivate--$432M-
DatawalkPolandPolandPublicly listed$10M($18M)$224M14.5x
HCR CoChinaChinaPublicly listed$75M($3M)$354M-

FINBOURNE Technology Public Comps

FINBOURNE Technology is still privately-owned, but its public comps include Nordtech Group, Shanghai Wondertek, Vista Group, HCR Co, Aurionpro Solutions, Network People Services, 63 Moons, Unit, Blend Labs and AnyMind Group.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Nordtech Group$72M$15M5.1x-25.2x-
Shanghai Wondertek$38M$3M7.2x-80.9x-
Vista Group$94M$5M4.2x3.8x85.8x20.8x
HCR Co$75M($3M)3.3x-(84.3x)-
Aurionpro Solutions$147M$30M2.6x2.4x12.6x12.3x
Network People Services$20M$6M18.3x-67.3x-
63 Moons$22M($16M)10.3x-(14.5x)-
Unit$102M$46M1.3x-2.9x-

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Common questions about FINBOURNE Technology

When was FINBOURNE Technology founded?FINBOURNE Technology was founded in 2016.
Where is FINBOURNE Technology headquartered?FINBOURNE Technology is headquartered in London, United Kingdom.
Is FINBOURNE Technology publicly listed?No, FINBOURNE Technology is a private, VC-backed company.
What is FINBOURNE Technology's valuation?FINBOURNE Technology was last valued at $372M in its Series B in June 2024.
How much funding has FINBOURNE Technology raised?FINBOURNE Technology has raised $95M across 4 funding rounds.
What was FINBOURNE Technology's last funding round?FINBOURNE Technology's last funding round was a $70M Series B in June 2024, led by AVP and Highland Europe.
Who are FINBOURNE Technology's investors?FINBOURNE Technology's investors include Frontline Ventures, London Stock Exchange Group, Thomson Reuters, HSBC, AVP, Highland Europe, Fidelity International Strategic Ventures, Hedosophia, Pivot Investment Partners and CommerzVentures.
Which companies are comparable to FINBOURNE Technology?Companies comparable to FINBOURNE Technology include Nelogica, Total Expert, NYMBUS, Akur8, Datawalk and HCR Co.

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