# Baton Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/baton-systems

- Industry: Software
- Headquarters: Fremont, US
- Website: www.batonsystems.com
- Total disclosed funding: $12M
- Latest round: Series A (Aug 30, 2019)
- Investors on record: 4

## About

Baton Systems Inc. focuses on delivering innovative post-trade solutions that improve the efficiency and control of financial transactions across various asset classes.Founded in 2016 and headquartered in Fremont, US, Baton Systems provides advanced post-trade technology. The company, led by CEO Arjun Jayaram, has raised USD 4 mn in funding from Illuminate Financial in January 2020, marking a significant step in its growth with a total of USD 4 mn raised across four deals.Baton Systems specializes in advanced post-trade solutions enhancing speed, visibility, and control in financial transactions. Their offerings include automated software for payments, settlements, and collateral management, addressing key challenges in liquidity and risk management. The technology serves major financial institutions, including seven of the nine largest Western banks, and operates in key markets such as North America, Europe, and Asia.Baton Systems generates revenue through B2B transactions with financial institutions, operating on a subscription basis for its post-trade solutions. Clients are charged for services related to the Baton CORE platform, which aids in liquidity management and collateral optimization. This structure ensures clients achieve operational efficiencies and reduced funding costs, tailored to their specific needs.Baton Systems plans to leverage its recent funding of USD 4 mn raised in January 2020 to enhance its product offerings and expand into new markets. The company is focusing on designing upcoming features for its solutions, targeting an expansion into Asia and Europe by 2024, while ensuring its technology evolves to meet growing market demands.

## Funding rounds

- Series A, Aug 30, 2019, $12M — Trinity Ventures, Alsop Louie Partners, Commerce Ventures
- Seed, Nov 10, 2017, $0.1M — XFactor Ventures

## Investors

- XFactor Ventures (https://capitalatlas.ai/funds/xfactor-ventures) — Seed
- Trinity Ventures (https://capitalatlas.ai/funds/trinity-ventures) — Series A
- Alsop Louie Partners (https://capitalatlas.ai/funds/alsop-louie-partners) — Series A
- Commerce Ventures (https://capitalatlas.ai/funds/commerce-ventures) — Series A