CFX Markets, a Chicago, IL-based secondary market trading platform for alternative assets, closed a $2.17M Seed/Series A funding round.
The round was led by West Loop Ventures, with participation from M25 Group, Origami Capital Partners, Harvard Business School Angels of Chicago, SixThirty Ventures, and angel investors David Schwartz of Waterton Capital and David Krell, founder of ISE.
The company intends to use the funds to expand into new markets and accelerate development of new innovation in trading, clearing & settlement, and distributed ledger technology.
Led by managing directors Jordan Fishfeld and Juan Hernandez, CFX Markets enables alternative investors to buy and sell shares of previously illiquid assets in an open and efficient way. The CFX Markets platform securely facilitates the trades between buyers and sellers, including REITS, Limited Partnerships, Regulation D, EB-5, Regulation A+, LLCs and BDCs using their custom build proprietary software. Since the launch in Jan. 2016, the company has completed thousands of transactions.
The company also has offices in Los Angeles and New York City.
FinSMEs
02/11/2017