SteelEye, a prominent RegTech company, recently announced that it Raises $21 million With its Series B funding round, it’s growing its presence around the world. SteelEye emphasized its intention to expand its business in North America.
Ten Coves Capital led the funding round. A wide range of investors have also joined his SteelEye investor list, including Fidelity International Strategic Ventures, Illuminate Financial and Beacon Equity Partners.
The company is headquartered in London with offices in Bengaluru, New York and Braga. SteelEye provides compliance technology and data analytics. The company’s revenue increased by almost 88% in his 2021, according to details shared by the company.
SteelEye CEO Matt Smith said: This is what we offer through our unique data-centric compliance platform. We are delighted to partner with the team at Ten Coves Capital. Ten Coves Capital has a long history of enabling technology businesses to scale and deliver real value to the financial services industry.
RegTech Solution
Global demand for innovative RegTech solutions has skyrocketed over the past few years. Brian Lynch, president of SteelEye Americas, believes increasing regulatory pressure is driving demand for technology solutions.
SteelEye takes a highly differentiated approach and is showing strong momentum and growth. Financial services companies are drowning in massive amounts of data. Ten Coves Capital’s Managing Partner Steve Piaker said in the announcement: I’m here.
Royal Park Partners acted as sole financial and strategic advisor to SteelEye and its shareholders throughout the transaction.
SteelEye, a prominent RegTech company, recently announced that it Raises $21 million With its Series B funding round, it’s growing its presence around the world. SteelEye emphasized its intention to expand its business in North America.
Ten Coves Capital led the funding round. A wide range of investors have also joined his SteelEye investor list, including Fidelity International Strategic Ventures, Illuminate Financial and Beacon Equity Partners.
The company is headquartered in London with offices in Bengaluru, New York and Braga. SteelEye provides compliance technology and data analytics. The company’s revenue increased by almost 88% in his 2021, according to details shared by the company.
SteelEye CEO Matt Smith said: This is what we offer through our unique data-centric compliance platform. We are delighted to partner with the team at Ten Coves Capital. Ten Coves Capital has a long history of enabling technology businesses to scale and deliver real value to the financial services industry.
RegTech Solution
Global demand for innovative RegTech solutions has skyrocketed over the past few years. Brian Lynch, president of SteelEye Americas, believes increasing regulatory pressure is driving demand for technology solutions.
SteelEye takes a highly differentiated approach and is showing strong momentum and growth. Financial services companies are drowning in massive amounts of data. Ten Coves Capital’s Managing Partner Steve Piaker said in the announcement: I’m here.
Royal Park Partners acted as sole financial and strategic advisor to SteelEye and its shareholders throughout the transaction.