NEW YORK, NY - Aug 06, 2025 (UTC) - Capitolis, a leading financial technology company revolutionizing capital markets, has closed a $56 million strategic financing round, bolstered by investments from global banks and prominent venture capital firms. New investors Barclays and BNP Paribas join existing bank backers J.P. Morgan, Citi, Morgan Stanley, State Street, and UBS, alongside venture capital firms Canapi Ventures, 9Yards Capital, and Greenfield Partners, who increased their stakes from Capitolis’ 2022 Series D. This funding round, announced on August 6, 2025, underscores the industry’s confidence in Capitolis’ mission to enhance capital efficiency and market resilience.
The fresh capital will accelerate growth across Capitolis’ core offerings: its Capital Marketplace and Portfolio Optimization platforms. These solutions enable banks, hedge funds, and institutional investors to optimize financial resources, reduce risk, and access diversified capital, addressing critical inefficiencies in the global capital markets. With a valuation of $1.6 billion from its 2022 Series D, Capitolis has now raised over $301.84 million to date, positioning it as a pivotal player in fintech innovation.
Strategic Use of Funds
The $56 million will support key initiatives, including:
- Platform Expansion: Enhancing the Capital Marketplace and Portfolio Optimization platforms to serve a growing network of market participants, including banks, asset managers, and hedge funds.
- Technology Innovation: Advancing proprietary algorithms and automation tools, such as the Futures Porting solution launched with Barclays and Citadel, to streamline workflows and improve transparency.
- Global Growth: Expanding operations across offices in New York, London, and Tel Aviv to meet rising demand for capital optimization solutions.
- Strategic Acquisitions: Building on the recent $46 million acquisition of Capitalab to bolster capabilities in rates portfolio compression and margin optimization.
Transforming Capital Markets
Founded in 2017 by CEO Gil Mandelzis and co-founder Tom Glocer, Capitolis leverages advanced technology and deep financial expertise to create safer, more vibrant capital markets. Its platforms address post-2008 regulatory challenges by enabling banks to free up capital, reduce portfolio risks, and connect with institutional investors for financing opportunities. The company’s Novations platform set a record in December 2024, processing $710 billion in gross notional across 5,659 trades, marking its best-performing year. Additionally, Capitolis facilitated the transition of legacy USD LIBOR-referenced swaptions to SOFR replacements for 17 global dealers, demonstrating its leadership in market modernization.
Capitolis’ solutions, such as the Ionic financing program and Futures Porting solution, have transformed workflows for financial institutions. The company has optimized over $13 trillion in trades and facilitated more than $60 billion in financing, serving over 100 major banks and 50 institutional investors. Its collaborative approach, exemplified by partnerships with Barclays, Citadel, and State Street’s TradeNeXus platform, enhances liquidity and operational efficiency.
Leadership and Industry Recognition
Led by Gil Mandelzis, a former ICAP executive, and supported by fintech veteran Amol Naik as COO, Capitolis combines decades of financial and technological expertise. The company’s board includes high-profile figures like Jeffrey Goldstein, former U.S. Under Secretary of the Treasury, and a Barclays representative, reflecting its strong industry ties.
Capitolis has earned widespread acclaim, including recognition on CNBC’s World’s Top Fintech Companies list for three consecutive years (2023–2025), Deloitte’s Technology Fast 500, and Fast Company’s Most Innovative Companies for 2023. It was named the World’s Best FX Software Provider in the 2024 Euromoney Foreign Exchange Awards and listed among Inc.’s 2024 Best in Business for Financial Services and Innovation. Crain’s New York Business and American Banker also recognized Capitolis as a top workplace in 2024.
Stakeholder Insights
“We are thrilled to welcome Barclays and BNP Paribas, alongside continued support from J.P. Morgan, Citi, and others,” said Gil Mandelzis, CEO and Founder of Capitolis. “This investment fuels our mission to reimagine capital markets, driving efficiency and growth for our clients.”
Kester Keating, Head of US Principal Investments at Barclays, added, “We’re pleased to support Capitolis’ innovative products, cementing our collaboration to better serve our clients.”
Junaid Baig, Head of Strategic Investments at BNP Paribas, noted, “Capitolis’ solutions enable us to enhance client services, and we’re excited to support their growth.”
Future Vision
Capitolis aims to scale its platforms to handle increasing market demand, targeting further integration of AI-driven tools and expanded partnerships with global financial institutions. By 2027, the company plans to double its network of market participants, building on its 2024 growth of three prime brokers, six executing brokers, and eight new clients on its Novations platform.
About Capitolis
Founded in 2017, Capitolis is a New York-based fintech company with offices in London and Tel Aviv. Its SaaS platforms, including Capital Marketplace and Portfolio Optimization, empower banks and institutional investors to manage risk, optimize capital, and access diversified financing. Backed by leading venture capital firms like Andreessen Horowitz, Sequoia Capital, and Canapi Ventures, as well as global banks such as Barclays, BNP Paribas, and J.P. Morgan, Capitolis has raised over $301.84 million and serves over 100 financial institutions worldwide.
Contact
Jessica Zall, Global Head of Marketing & Communications
Email: jessicaz@capitolis.com
Website: https://www.capitolis.com
