# Axoni

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

- Industry: Software
- Headquarters: New York, US
- Website: www.axoni.com
- Total disclosed funding: $120M
- Latest round: Series B (Nov 29, 2022)
- Investors on record: 27

## About

Based in New York, US, and founded in 2013 by Greg Schvey and Jeff Schvey. Schvey, Inc. a.k.a Axoni offers multi-party workflows and infrastructure. In 2017, CB Insights named Axoni to the Fintech 250 for bringing emerging technologies and business models to financial services. Axoni raised its latest series B funding from Deutsche Bank and Intel Capital. In February 2021, Schvey, Inc. raised USD 30.48 million in series B funding from returning investors Citigroup, Goldman Sachs, HSBC Bank, NYCA Partners, and Wells Fargo Bank, with participation from new investors Deutsche Bank, Intel Capital, JPMorgan Partners, and UBS Pension Fund. Additionally, in November 2022, Axoni raised USD 20.45 million in Series B funding led by new investor EJF Capital, with participation from other new investors Communitas Capital Partners and Laurion Capital Management. Returning investors also participated in the round. The Series B funding valued the company at USD 330.49 million post-money.

The company offers core data infrastructure, application development, and automation tools intended for asset managers, hedge funds, and infrastructure providers. Axoni’s technology is used across global capital markets by the world’s leading banks, asset managers, hedge funds, and infrastructure providers. 

Axoni plans to use its latest investment to expand operations and its business reach.

## Funding rounds

- Series B, Nov 29, 2022, $20M — Deutsche Bank, Intel Capital, Wells Fargo Bank, UBS Pension Fund, F-Prime Capital, HSBC Bank, JP Morgan Asset Management, Andreessen Horowitz, Coatue Management, Goldman Sachs Asset Management, EJF Capital, Y Combinator, Laurion Capital Management, DCVC, Citi Ventures, Digital Currency Group, Franklin Templeton, FinTech Collective, Nyca, London Stock Exchange Group plc, CME Ventures, Communitas Capital Partners
- Series B, Feb 1, 2021, $30M — Deutsche Bank, Intel Capital, Wells Fargo Bank, UBS Pension Fund, HSBC Bank, JP Morgan Asset Management, Goldman Sachs Asset Management, Citi Ventures, Nyca
- Series B, Aug 14, 2018, $32M — Wells Fargo Bank, F-Prime Capital, JP Morgan Asset Management, Andreessen Horowitz, NEX Group, Coatue Management, Goldman Sachs Asset Management, Y Combinator, Citi Ventures, Digital Currency Group, Franklin Templeton, Nyca
- Series A, May 11, 2017, $20M — Wells Fargo Bank, F-Prime Capital, JP Morgan Asset Management, Andreessen Horowitz, NEX Group, Goldman Sachs Asset Management, Citi Ventures, DCG Capital, Thomson Reuters Ventures
- Series A, Dec 21, 2016, $18M — Wells Fargo Bank, F-Prime Capital, JP Morgan Asset Management, Andreessen Horowitz, Thomson Reuters Corporation, Goldman Sachs Asset Management, Euclid Opportunities, Digital Currency Group, FinTech Collective

## Investors

- Wells Fargo Bank — Series A, Series B
- F-Prime Capital (https://capitalatlas.ai/funds/f-prime-capital) — Series A, Series B
- JP Morgan Asset Management (https://capitalatlas.ai/funds/jp-morgan-asset-management) — Series A, Series B
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series A, Series B
- Thomson Reuters Corporation — Series A
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series A, Series B
- Euclid Opportunities — Series A
- Digital Currency Group (https://capitalatlas.ai/funds/digital-currency-group) — Series A, Series B
- FinTech Collective (https://capitalatlas.ai/funds/fintech-collective) — Series A, Series B
- NEX Group — Series A, Series B
- Citi Ventures (https://capitalatlas.ai/funds/citi-ventures) — Series A, Series B
- DCG Capital — Series A
- Thomson Reuters Ventures (https://capitalatlas.ai/funds/thomson-reuters-ventures) — Series A
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series B
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Series B
- Franklin Templeton (https://capitalatlas.ai/funds/franklin-templeton) — Series B
- Nyca (https://capitalatlas.ai/funds/nyca) — Series B
- Deutsche Bank — Series B
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series B
- UBS Pension Fund — Series B
- HSBC Bank — Series B
- EJF Capital (https://capitalatlas.ai/funds/ejf-capital) — Series B
- Laurion Capital Management — Series B
- DCVC (https://capitalatlas.ai/funds/dcvc) — Series B
- London Stock Exchange Group plc — Series B
- CME Ventures (https://capitalatlas.ai/funds/cme-ventures) — Series B
- Communitas Capital Partners (https://capitalatlas.ai/funds/communitas-capital-partners) — Series B