# Cygnetise

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

- Industry: Software
- Headquarters: London, UK
- Website: www.cygnetise.com
- Total disclosed funding: $1.3M
- Latest round: Seed (Oct 26, 2017)
- Investors on record: 1

## About

Cygnetise Limited, based in the UK, specializes in digital solutions for managing authorized signatories and bank mandates, streamlining processes for corporate treasuries and compliance departments.Founded in 2016, Cygnetise Limited is headquartered in London, UK, and focuses on digital governance solutions. The company has raised funding across three deals, with the most recent one occurring on June 7, 2023, where it secured GBP 2.93 million in PRE-SERIES A funding led by Adjuvo and supported by Massive. Shaun Blake founded the company, with Steve Pomfret serving as CEO.Cygnetise offers a digital platform that enhances the management of signatory data and bank mandates, crucial for corporate treasuries, secretariats, and compliance departments. Their solution enables secure sharing, instant updates, and comprehensive audit trails, catering to clients in financial services and various corporate sectors across Western Europe, North America, and parts of Asia-Pacific.Cygnetise operates on a subscription-based revenue model, where organizations pay for access to its platform, with various pricing tiers based on features and service levels. The digital signatory management platform includes essential functionalities such as real-time updates and audit trails, which are designed to streamline operations and improve compliance.Following its recent funding round in June 2023, Cygnetise aims to broaden its international presence and enhance its sales and innovation teams. The company plans to expand into new geographic markets, although specific regions have yet to be disclosed. The funding will primarily support these growth initiatives.

## Funding rounds

- Seed, Oct 26, 2017, $1.3M — Calibrate Management

## Investors

- Calibrate Management (https://capitalatlas.ai/funds/calibrate-management) — Seed