BankerBay, a New York-based investment banking platform , secured over $2m in seed funding.
Backers included Scale.VC, David Toh, director at NTUitive, and other senior investment bankers in corporate finance, M&A and private equity, senior technology sector specialists.
Founded in 2013 in Singapore by Romesh Jayawickrama, CEO, BankerBay is an investment banking platform that connects qualified and vetted corporate deals with institutional providers of capital around the world. BankerBay uses custom-built software and a global network of finance professionals to match requirements entered by members.
BankerBay members include investment banks, private equity funds, structured debt funds, strategic investors and commercial banks across North America, Western Europe, APAC and the Mideast.
Within 12 months, the company had attracted over $15 billion of institutional quality deals with a member base growing to 6,800. Most of the deals are middle market, ranging in value between $10 and $200 million.
BankerBay also has a Bangalore office (opened in May 2014).