Overview

Update
Total Equity Funding
$19.2M in 3 Rounds from 2 Investors
Most Recent Funding
$7M Series C on June 3, 2010
Headquarters:
Chicago, IL
Description:
Firm58 offers web-based financial management software that helps increase a firm's revenue and operational efficiency and reduce costs.
Founders:
,
Categories:
SaaS, Finance, Software, Billing, FinTech
Website:
http://www.firm58.com
Social:

Company Details

Update

Firm58 helps capital markets firms discover new paths to efficiency and profitability. Our web-based financial management software helps increase a firm's revenue, operational efficiency, and reduce costs to provide greater profitability.

The Firm58 trade operations platform helps manage billing, payments, compensation, positions, and client commission agreements (CSA/CCA/soft dollars) across asset classes including equities, futures, options, foreign exchange and fixed income. The platform automates complex processes to provides a view of daily profitability. Firm58 customers include global market exchanges, leading institutional brokerages, clearing and non-clearing broker/dealers and proprietary trading firms.

Firm58 was founded in 2005 by industry veterans with experience building world-class software for some of the largest firms in capital markets. The company is backed by top-tier venture capital firms including North Bridge Venture Partners and New World Ventures. Firm58 is focused on bringing capital markets firms the very best in new technology to radically improve middle- and back-office business processes.

Funding Rounds (3) - $19.2M

Update
DateAmount / RoundValuationLead InvestorInvestors
Jun, 2010$7M / Series C2
May, 2008$8.5M / Series B2
Apr, 2007$3.7M / Series A1

Current Team (6)

Update

Board Members and Advisors (1)

Update

Offices/Locations (2)

Update
  • New York Office (Sales)

    New York, NY

    USA

  • Corporate Headquarters

    130 South Jefferson Street

    Second Floor

    Chicago, IL 60661

    USA

Past Team (3)

Update

Images (1)

Update

Add Acquisitions

Add Products

Add Sub Organizations

Add Competitors

Add Memberships

Add Customers

Add Partners

Add Videos