LUX Fund Technology and Solutions is a NYC-based business and technology solutions provider for the alternative asset industry offering Transcend, a SaaS-based front-to-back office automation platform. The platform automates manual processes across organizations and systematizes integration of traditional and alternative data from multiple sources. It supports cross-functional analytical reporting as well as structured and ad hoc queries to facilitate and improve decision-making. Transcend enables users to access exposure, performance, and risk data quickly. The company raised $6M in Series A financing from Credit Suisse Asset Management’s NEXT Investors and intends to use the funds to grow Transcend. Founded in 2012 by CEO Nik Takmopoulos and CTO Mark Christine, LUX serves alternative asset managers.

Total raised

$6M

Funding rounds

1

Latest round

Series A

Latest activity

Dec 2017