Saphyre
221 River St Ste 9, Hoboken, NJ, 07030, United States
Overview
Saphyre builds a proprietary, memory-driven AI platform that digitizes and structures pre-trade data and automates account and fund onboarding across multiple counterparties. Its technology preserves context across fund lifecycles, enabling ready-to-trade status in as little as 24 hours and eliminating up to 75% of redundant post-trade activities. The platform integrates with leading industry systems and serves over 75 of the world's largest financial institutions, representing thousands of accounts and more than $3 trillion in assets under management. Founded in 2017 and based in Hoboken, N.J., Saphyre leverages patented AI to improve operational control, risk oversight and enable near-real-time settlement readiness. The company plans to use new capital to accelerate go-to-market efforts in pre- and post-trade, continue product innovation, expand internationally and deepen integrations across the financial services ecosystem. Saphyre emphasizes network effects from seamless data sharing between investment managers, asset owners and the sell-side. Saphyre leverages patented AI technology to digitize and structure pre-trade data and activities across multiple counterparties, maintaining a memory of data and documents. Its platform expedites workflows so information can be consumed by any permissioned counterparty in the finance industry. Clients can assess risk faster, speed onboarding, and obtain real-time ready-to-trade statuses per account. Saphyre says its system can eliminate 70%–75% of redundant or inefficient post-trade activities. The company is based in New York and Paris. In March 2022 Saphyre completed an $18.7M Series A financing to support its growth.
- Total raised
- $89M
- Funding rounds
- 2
- Latest round
- Equity
- Latest activity
- Jul 2025
Industries
- Asset Management
- Financial Services
- FinTech
Recent funding
Equity
Jul 2025
$70M
Series A
Mar 2022
$19M