# Zanbato

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

- Industry: Internet
- Headquarters: Mountain View, US
- Website: www.zanbato.com/
- Total disclosed funding: $18M
- Latest round: Series B (Oct 2, 2015)
- Investors on record: 3

## About

Zanbato, Inc., based in the US, specializes in providing advanced trading and data analysis solutions for private securities, enabling institutional investors to enhance their trading capabilities in the private market.Zanbato, Inc. operates the ZX platform, which facilitates trading and data analysis for private securities. Founded in 2010 in Mountain View, US, the company has successfully completed six deals. In February 2021, Zanbato raised USD 20.5 mn in a GROWTH funding round led by JP Morgan Asset Management, which aims to align the ZX platform with its members through equity participation.Zanbato's core offerings include the ZX Inter-broker platform and ZXData, designed for executing trades in private shares and providing vital trading data, respectively. These platforms serve banks, brokers, and wealth management groups across North America and Europe, equipping clients with comprehensive data on order flows and mark-to-market prices, essential for informed trading decisions.Zanbato generates revenue through transaction-based models associated with its trading platforms and data services. The firm engages in B2B transactions with financial institutions that subscribe for access to critical trading information. Since 2017, it has reported over USD 185 bn in ticket volume and more than USD 7.5 bn in executed trading volume, with fees structured around transaction volumes, catering to various needs in the private equity sector.Following the investment from JP Morgan Asset Management in February 2021, Zanbato plans to further develop its ZX platform and enhance its alignment with user needs. The company aims to launch new features and expand its market presence in additional regions to better serve institutional investors. This funding will support these initiatives, marking a strategic move towards innovation and broader market reach.

## Funding rounds

- Series B, Oct 2, 2015, $6.4M — Formation8, Sway Capital
- Series B, Mar 20, 2015, $8.7M — Formation8, Sway Capital
- Series A, Dec 6, 2011, $3M — Alberta Investment Management Corporation (AIMCo)

## Investors

- Alberta Investment Management Corporation (AIMCo) (https://capitalatlas.ai/funds/alberta-investment-management-corporation-aimco) — Series A
- Formation8 (https://capitalatlas.ai/funds/formation8) — Series B
- Sway Capital (https://capitalatlas.ai/funds/sway-capital) — Series B