Cobalt (Financial Software) Overview
- Year Founded
-
2015
- Status
-
Acquired/Merged
- Employees
-
21
- Latest Deal Type
-
M&A
Cobalt (Financial Software) General Information
Description
Developer of a post-trade foreign exchange platform designed to re-engineer the institutional foreign exchange market from the ground up. The company's platform leverages blockchain-derived concepts of encryption, digital signatures, and consensus to create a single, shared view of every transaction and remove the need for reconciliation across multiple systems, enabling foreign exchange traders to reduce cost and risk for all foreign exchange market participants.
Contact Information
Website
www.cobaltdl.comCorporate Office
- 7 Granard Business Centre, Bunns Lane
- Mill Hill
- London NW7 2DQ
- England, United Kingdom
Corporate Office
- 7 Granard Business Centre, Bunns Lane
- Mill Hill
- London NW7 2DQ
- England, United Kingdom
Cobalt (Financial Software) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Merger/Acquisition | 15-Dec-2022 | Completed | Generating Revenue | |||
| 5. Later Stage VC | 13-Sep-2021 | Completed | Generating Revenue | |||
| 4. Early Stage VC | 30-Jan-2019 | Completed | Generating Revenue | |||
| 3. Early Stage VC | 04-May-2018 | Completed | Generating Revenue | |||
| 2. Early Stage VC | 12-Jun-2017 | $1.62M | Completed | Startup | ||
| 1. Seed Round | 15-Dec-2016 | $1.62M | $1.62M | Completed | Startup |
Cobalt (Financial Software) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | 1,660 | $0.001377 | $368.44 | $368.44 | 1x | $368.44 | 1.04% | |
| Ordinary | 597 | $0.001377 | $368.94 | $368.94 | 1x | $368.94 | 0.37% |
Cobalt (Financial Software) Comparisons
Industry
Financing
Details
Cobalt (Financial Software) Competitors (9)
One of Cobalt (Financial Software)’s 9 competitors is Trading Technologies International, a Private Equity-Backed company based in Chicago, IL.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Trading Technologies International | Private Equity-Backed | Chicago, IL | ||||
| Murex | Venture Capital-Backed | Paris, France | ||||
| Derivitec | Private Equity-Backed | London, United Kingdom | ||||
| Tradeweb Markets | Formerly PE-Backed | New York, NY | ||||
| Trayport | Corporate Backed or Acquired | London, United Kingdom |
Cobalt (Financial Software) Patents
Cobalt (Financial Software) Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| GB-201721499-D0 | Securing distributed ledger networks | Inactive | 20-Dec-2017 | ||
| GB-201718941-D0 | Data storage and verification | Inactive | 16-Nov-2017 | ||
| EP-3701412-A1 | Data storage and verification | Active | 24-Oct-2017 | ||
| EP-3701412-B1 | Data storage and verification | Active | 24-Oct-2017 | ||
| GB-201717499-D0 | Data storage and verification | Inactive | 24-Oct-2017 | G06F21/64 |
Cobalt (Financial Software) Signals
Cobalt (Financial Software) Former Investors (9)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Citigroup | Investment Bank | Minority | ||
| Digital Currency Group | Corporate Venture Capital | Minority | ||
| FD Technologies | Corporation | Minority | ||
| Angel (individual) | Minority | |||
| IHS Markit | Corporation | Minority |
Cobalt (Financial Software) FAQs
-
When was Cobalt (Financial Software) founded?
Cobalt (Financial Software) was founded in 2015.
-
Where is Cobalt (Financial Software) headquartered?
Cobalt (Financial Software) is headquartered in London, United Kingdom.
-
What is the size of Cobalt (Financial Software)?
Cobalt (Financial Software) has 21 total employees.
-
What industry is Cobalt (Financial Software) in?
Cobalt (Financial Software)’s primary industry is Financial Software.
-
Is Cobalt (Financial Software) a private or public company?
Cobalt (Financial Software) is a Private company.
-
What is Cobalt (Financial Software)’s current revenue?
The current revenue for Cobalt (Financial Software) is .
-
How much funding has Cobalt (Financial Software) raised over time?
Cobalt (Financial Software) has raised $16M.
-
Who are Cobalt (Financial Software)’s investors?
Citigroup, Digital Currency Group, FD Technologies, , and IHS Markit are 5 of 9 investors who have invested in Cobalt (Financial Software).
-
Who are Cobalt (Financial Software)’s competitors?
Trading Technologies International, Murex, Derivitec, Tradeweb Markets, and Trayport are some of the 9 competitors of Cobalt (Financial Software).
-
When was Cobalt (Financial Software) acquired?
Cobalt (Financial Software) was acquired on 15-Dec-2022.
-
Who acquired Cobalt (Financial Software)?
Cobalt (Financial Software) was acquired by United Fintech.
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