Next Gate Tech, a Luxembourg-based provider of technologies for the financial services industry, raised €8M in funding.
The round was led by DB1 Ventures with participation from existing investors NewAlpha Asset Management, Volta Ventures, Expon Capital, and Seed X. In conjunction with the funding, Enrique Sacau, CEO of Kneip, is joining the Board of Next Gate Tech following the investment of Deutsche Börse Group.
The company intends to use the funds to accelerate the development of its solutions.
Led by CEO Davide Martucci, Next Gate Tech is a provider of solutions that help financial institutions streamline their processes, improve efficiency, and reduce costs. The company offers a smart data management, insights and analytics Saas platform which ingests datasets from multiple sources and generates various calculations to oversee delegates, analyze investments behaviors, compare performance and generate risk based metrics.
Next Gate Tech’s data management, insights and analytics technology is used by various fund industry players across the value chain, such as banks, asset managers, and other financial services providers, to optimize their operations, comply with regulatory requirements and enhance their customer experience.
The company has offices in Luxembourg and in London.
FinSMEs
14/04/2023