Investment Jun 2019 | Assembly Capital Partners FinTech I LP
Follow-on Feb 2020
Derivitec is an established company with commercial contracts to provide derivatives analytics. Built as a cloud-based service, its customers can access clean market data and pricing / risk tools for their portfolios of transactions. Typical customers are mid-sized hedge funds or foreign exchange brokerages.
With proven demand the company is now looking to scale using partnership agreements ahead of building a focused direct sales force.
ACP was delighted to have the opportunity to invest initially through a secondary transaction. The Fund has made a further investment to support the scaling of the business.
David is the lead on the investment and a Board member. ACP is delighted to be supporting Derivitec as it scales.
Last updated: March 2020