Overview

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Status
Acquired by on August 17, 2010
Total Equity Funding
$20.58M in 1 Round from 4 Investors
Headquarters:
Andover, MA
Description:
Broadridge is a provider of investor communications and technology-driven solutions to banks, broker-dealers, mutual funds and corporations.
Categories:
Banking, Finance, FinTech
Website:
http://www.newriver.com

Company Details

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Founded:
1998
Contact:
800-481-2331
Employees:
501 - 1k | None found in Crunchbase

NewRiver develops innovative technology solutions that help financial leaders simplify investor disclosure - providing transparency and cost savings to the delivery of fund data and investor communications. Since 1995, the company has helped some of the world's leading financial organizations move from paper to electronic disclosure via an easy to use, cost-effective, managed service offering. NewRiver pioneered the first electronic prospectus, and is the only company to guarantee its data to be "compliance grade" which allows customers to reduce risk, lower compliance costs and increase revenues. Through a patent-pending, automated process NewRiver efficiently monitors millions of data points from over 24,600 fund CUSIPs. Further, the company's unique "paperless" approach improves the investor experience while offering a real alternative to the environmental impact of paper-only delivery. Relied on daily by over 100 leading financial services firms, and millions of investors, NewRiver is a trusted and growing solution provider facilitating the transition from paper-based mutual fund information, to electronic.

Funding Rounds (1) - $20.58M

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DateAmount / RoundValuationLead InvestorInvestors
Jan, 2006$20.58M / Venture4

Offices/Locations (1)

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  • Office

    200 Brickstone Square, 5th Floor

    Andover, MA 01810

    USA

Past Team (5)

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Images (1)

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