# R3 HoldCo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/r3-holdco

- Industry: Software
- Headquarters: New York, US
- Website: www.r3.com
- Latest round: Series A (May 23, 2017)
- Investors on record: 12

## About

Based in New York, the US, and founded in 2015, R3 HoldCo LLC operates as a fintech company that offers distributed ledger technology to its clients. The company was founded by David E. Rutter (CEO), Todd McDonald, and Jesse Edwards. As of 2022, R3 HoldCo raised USD 107 million in a series A fundraising round led by BI Group, Bank of America Merrill Lynch, HSBC, Intel, and Temasek. In the year 2022, the company has a global team of more than 110 professionals with more than 80 global financial institutions and regulators on six continents.

The company offers an enterprise technology platform that delivers services to streamline clients’ business. The products offered by the firm include Corda which is a production-grade DLT platform that offers asset modeling capabilities and Coclave which is a confidentiality computing platform that delivers technical assurances of trust. These products provide solutions to Banks, Exchanges and central counterparties, corporates, etc.

The company plans to use 2022, funds to extend its strategic alliances for product deployment and to expedite its technological development.

## Funding rounds

- Series A, May 23, 2017 — Bank of America Merrill Lynch, Wells Fargo Bank, SBI Holdings, Barclays Bank, UBS Financial Services, HSBC Group, Itaú Unibanco, Temasek Holdings, Banco Bradesco, NATIXIS, Neva, ING Ventures

## Investors

- Bank of America Merrill Lynch (https://capitalatlas.ai/funds/bank-of-america-merrill-lynch) — Series A
- Wells Fargo Bank — Series A
- SBI Holdings — Series A
- Barclays Bank — Series A
- UBS Financial Services — Series A
- HSBC Group — Series A
- Itaú Unibanco — Series A
- Temasek Holdings — Series A
- Banco Bradesco — Series A
- NATIXIS — Series A
- Neva (https://capitalatlas.ai/funds/neva) — Series A
- ING Ventures (https://capitalatlas.ai/funds/ing-ventures) — Series A