Participated · Series A · Aug 2026

Silicon Data provides pricing indices, performance benchmarks, forward curves and market intelligence for the AI compute economy, aimed at buyers, sellers, exchanges and financial institutions. It has built a portfolio of nine financial-grade indices covering GPUs and LLMs and offers alternative datasets that track supply, demand, utilization, pricing and economics across compute. The company has over 1,000 registered users and counts semiconductor manufacturers, AI model builders and financial institutions among its daily users. SiliconMark, a product funded by the Series A, benchmarks real-world GPU cluster performance to normalize output differences driven by networking, topology and configuration. Silicon Data spent two years building the pricing and performance history needed to support a futures market and is positioned to be the reference layer for cash-settled GPU futures being planned by CME Group. Financially, the company raised a $4.7 million seed in March 2025 and completed a $30.5 million Series A initial closing to fund its next phase of product and market expansion.

Participated · Series F · Jun 2026

Digital Asset builds and operates the Canton Network, a public, permissionless Layer 1 blockchain that provides protocol-level privacy and confidentiality guarantees and runs applications written in its open-source smart contract language, Daml. Canton is designed to enable tokenized asset workflows across multiple parties while keeping transaction data confidential, and it has attracted marquee institutional participants including Visa, Goldman Sachs, and DTCC. The network has processed or issued more than $6 trillion in tokenized assets according to prior reporting, and Visa became a Canton Super Validator and added Canton to a stablecoin settlement pilot. The Canton ecosystem has also seen activity such as a $540 million raise by Canton Strategic Holdings (formerly Tharimmune) to build a Canton Coin treasury and a project called Zenith completing atomic swaps between Canton and an EVM-compatible environment. On the financing front, Digital Asset raised $135 million in June 2025 and $50 million in December 2025, and is now pursuing a roughly $300 million round led by a16z crypto. The company is backed by trading firms and banks including DRW Holdings and Citadel Securities.

Participated · Series D · May 2023

OpenFin builds a web-based OS and application interface aimed at financial services to unify desktop apps and workflows. Its platform offers a single search interface—what the CEO described as “Spotlight Search on steroids”—to search across apps, reduce the industry’s so-called “toggle tax,” and drive richer workflows. The company says its software is used by more than 3,800 banks and wealth and asset management firms across 60+ countries. OpenFin recently closed a $35M Series D, bringing total capital raised to $82M. It competes with enterprise browser-like offerings such as Island and counts major banks and trading firms among its customers and investors. The company has expanded its footprint with a deal with the London Stock Exchange and into the U.S. government sector via a strategic partnership and investment from In-Q-Tel. OpenFin offers a desktop operating platform that sits above native operating systems (Windows, macOS) to let users view, use, and integrate multiple apps on one screen. The platform automatically synchronizes updates across apps and allows customers to build and integrate custom apps, reducing time lost to app switching and duplicate data entry. OpenFin targets knowledge-worker productivity and aims to displace traditional web browsers such as Chrome and Edge, competing with emerging browser startups like Island. The company emphasizes security and user experience as differentiators. Historically focused on finance customers including Goldman Sachs and JPMorgan, OpenFin is expanding into the government sector through a partnership with In-Q-Tel. Its recent funding includes a $10 million investment from ING Ventures and an additional undisclosed investment from In-Q-Tel. OpenFin is a NYC-based provider of a web-based operating system for financial firms. Led by CEO Mazy Dar, its OS is used at more than 1,500 banks and buy-side firms across nearly 200,000 desktops in 60+ countries. The company also maintains offices in London. It raised an additional $5m as part of its Series C, bringing that round to $22m and total funding to date to $45m. Investors in the Series C include HSBC, Bain Capital Ventures, Barclays, CME Ventures, DRW Venture Capital, J.P. Morgan, NYCA Partners, Pivot Investment Partners and Wells Fargo. OpenFin said it will use the financing to expand its product offering into Asian markets and to fund new product initiatives. OpenFin provides an operating system for the financial services industry that enables easier app deployment, faster security assurances, and interoperability across desktop applications. Its platform prevents apps from accessing local file systems to simplify security reviews for banks and institutions. OpenFin launched OpenFin Cloud Services to let firms create private local app stores without coding. The company reports more than 1,500 major financial firms as customers, nearly 40 leading vendors, 15 of the world’s 20 largest banks, and over 1,000 apps built on the OS. Deployments exceed 200,000 desktops, and since its February 2017 Series B its deployments and headcount have more than doubled while its European presence has tripled. OpenFin plans to use new capital for hiring and to expand its footprint across more desktops globally, aiming to become the core operating infrastructure for financial application developers. OpenFin provides a common operating layer for financial desktop applications using a modern, open technology stack and Google’s Chromium engine to deliver a secure, sandboxed environment across Windows, Mac and Linux. The platform enables rapid development and ‘instant’ deployment of desktop apps, shrinking deployment and update cycles from 6–18 months to immediate rollout. OpenFin’s technology is licensed across over 100,000 desktops and is used by applications from 35 of the world’s largest banks and trading platforms. Customers use the platform to redesign and unify front‑end experiences for traders and other end users, and to deploy applications both in‑house and to buy‑ and sell‑side clients. Strategic partners are integrating with the platform—Euclid Opportunities said it is bringing NEX Optimisation services onto OpenFin—indicating enterprise fintech adoption. Financially, OpenFin announced a $15 million Series B and has raised $22 million in total venture funding to date.

Participated · Equity · Apr 2023

Axoni builds AxCore, a software platform that synchronizes data across financial institutions to reduce cost, risk, and errors when moving trade data and other critical information. The company’s technology guarantees continual, real-time replication of data with accuracy and completeness, solving coordination problems between large counterparties. Axoni has deployed or is developing solutions across cleared stock loans at OCC, global credit derivatives with DTCC, a corporate bond issuance platform with DirectBooks, global equity swaps with a consortium of market participants, and a global derivatives platform slated to launch in 2023. Since its 2017 founding, the firm has expanded its client base to include market infrastructure companies, asset managers, hedge funds, and global banks across the United States, Europe, and Asia. Led by CEO Greg Schvey, Axoni has raised more than $110M since inception and intends to use the new funds to expand operations and its business reach. Axoni provides financial market infrastructure and multi-party data networks that aim to increase efficiency, transparency, and reliability in global capital markets. Its client base includes buy-side and sell-side firms, infrastructure providers, and technology companies across the United States, Europe, and Asia. The company says applications of its technology have expanded rapidly in recent years. Axoni plans to use the new funding to expand its networks across additional asset classes and regions. Since its founding in 2013, the company has raised a total of $90 million. The firm highlights its role in driving digitalization and solving complex post-trade and capital markets infrastructure challenges. Axoni builds blockchain infrastructure, distributed-application development, and workflow-automation tools focused on multi-party data synchronization for capital markets. Founded in 2013 and based in New York, the company counts many of the world’s largest financial institutions and capital-markets infrastructure firms among its clients. Its core product suite includes AxCore, an infrastructure offering intended for mission-critical deployments, and tooling for distributed ledger applications. Axoni is developing AxLang, an Ethereum-compatible smart-contracting language designed to enable formal verification. The company plans to use recent financing to enhance its data synchronization technology, expand infrastructure products to support broader AxCore deployments, and grow the network of enterprises using distributed ledgers. Financially, Axoni has raised $59 million to date following the latest $36 million Series B. Axoni provides distributed ledger technology, bespoke smart contract development, and analytics tools tailored to capital markets participants. Its core deployments focus on post-trade data management, reference-data collaboration, and automation in derivatives processing. The company has worked with banks and market infrastructure firms to optimize post-trade workflows for credit default swaps and equity swaps. Axoni has collaborated with Citi on multiple live deployments and is engaged in projects to replatform the DTCC Trade Information Warehouse to streamline and reduce the cost of derivatives processing. It was selected as the distributed ledger provider for NEX Group's Harmony network for post-trade data management. Founded in 2013 and led by CEO Greg Schvey, Axoni has recently completed Series A financing and attracted strategic investors from both financial institutions and venture capital. Axoni is a New York-based capital markets technology firm that provides distributed ledger technology to the financial services industry. Its product offerings include distributed ledger technology deployments, bespoke smart contract development, and analytics tools. Those solutions have been implemented in partnership with more than a dozen global banks and financial infrastructure providers. Founded in 2013 and led by CEO Greg Schvey, Axoni focuses on distributed ledger infrastructure for capital markets. In December 2016 the company completed an $18m Series A financing and has raised above $20m in total funding to date. Investors include both financial institutions and venture firms, reflecting cross-sector support for its technology.

Participated · Series A · Jan 2022

TickSmith offers a cloud-based, B2B SaaS Enterprise Data Web Store that creates an e-commerce experience for buying and selling data. The platform supplies tools to prepare, manage, package and monetize data end-to-end. It is used by leading exchanges and financial institutions to generate new revenue streams and expand their customer bases. The product emphasizes a secure, proven solution that removes the complexities of selling and buying data. The company is based in Montreal, QC, and is commercializing its Data Web Store into additional industry segments. TickSmith raised a $20.0M Series A to accelerate sales and marketing and support broader commercial rollout. TickSmith develops TickVault, a financial data lake platform that centralizes and distributes large-scale financial data. Led by CEO and co-founder Francis Wenzel, the company serves trading and risk groups, regulators, exchanges and data vendors. TickVault is used for data centralization and distribution, market surveillance, risk management, strategy discovery and analytics. The platform helps clients comply with post-trade reporting and risk requirements such as MiFID II and the Fundamental Review of the Trading Book (FRTB). TickVault also provides a single source of data for internal compliance and risk management teams. TickSmith intends to use the new funding to further commercialize TickVault.