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Saphyre has secured a $70 million growth equity investment from FTV Capital to drive product innovation and accelerate international expansion.

Jul 31, 202510 days ago

Amount Raised

$70 Million

HobokenArtificial IntelligenceSoftware

Investors

Ftv Capital

Description

Saphyre, a leading AI-powered software platform, has closed a $70 million growth equity investment from FTV Capital. This investment will help Saphyre enhance its product innovation and expand its market presence. The funding aims to address inefficiencies in financial services workflows through advanced technology. CEO Gabino Roche emphasizes the importance of this partnership in revolutionizing financial operations.

Company Information

Company

Saphyre

Location

Hoboken, New Jersey, United States

About

Saphyre leverages patented AI technology to digitize all pre-trade data and activities across multiple counterparties: from asset owners to investment managers, hedge funds to prime brokers, any client firms to broker-dealers and custodians, and much more. Saphyre's platform maintains memory of data and documents, resulting in clients not having to search or resubmit information, and expedites flow in a digitally structured manner so that it can be consumed and understood by any permissioned counterparty in the finance industry. This allows firms not only to assess risk faster, but they can speed up their onboarding processes, get real-time ready-to-trade statuses per account, and eliminate 70%-75% of redundant or inefficient post-trade activities.

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