# Apiax

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/apiax

- Industry: Software
- Headquarters: Zurich, Switzerland
- Website: www.apiax.com
- Total disclosed funding: $8.1M
- Latest round: Series A (Oct 16, 2019)
- Investors on record: 6

## About

Based in Zurich, Switzerland, and founded in 2017, Apiax AG operates a digital compliance management platform that enables external legal experts and in-house legal teams to collaborate and manage regulations digitally. In March 2021, Apiax AG raised an undisclosed amount of venture funding led by Futury Venture Fonds, with participation from DIventures, Headline, Swiss ICT Investor Club, Tugboat Ventures, XAnge Private Equity, and Zürcher Kantonalbank. As of March 2021, the company has raised a total of USD 8.1 million in funding. The company employs more than 75 people across its 5 global offices. 

Apiax AG provides applications, rules, platform, and several integration options to clients. The company's applications are standalone solutions with no integrations and security, allowing compliance excellence. The company offers more than 55,000 digital rules for banks and financial institutions to bring compliance controls. The company platform enables financial institutions to manage, customize and create regulatory controls. In addition, Apiax AG provides solutions, including Wealth Management, Asset Management, Investment Banking, Retail Banking, and FinTech. 

Apiax AG plans to use the proceeds from March 2021 funding to accelerate its growth as well as serve customers directly on site.

## Funding rounds

- Series A, Oct 16, 2019, $6.6M — Headline, Tugboat Ventures, XAnge, Zürcher Kantonalbank, Swiss ICT Investor Club, DIventures
- Seed, Sep 22, 2017, $1.5M — Tugboat Ventures, Zürcher Kantonalbank, Swiss ICT Investor Club, DIventures

## Investors

- Tugboat Ventures (https://capitalatlas.ai/funds/tugboat-ventures) — Seed, Series A
- Zürcher Kantonalbank — Seed, Series A
- Swiss ICT Investor Club (https://capitalatlas.ai/funds/swiss-ict-investor-club) — Seed, Series A
- DIventures (https://capitalatlas.ai/funds/diventures) — Seed, Series A
- Headline (https://capitalatlas.ai/funds/headline) — Series A
- XAnge (https://capitalatlas.ai/funds/xange) — Series A