Landytech's Strategic Growth with £5M Financing

May 31, 2024, 3:37 pm
LandyTech
LandyTech
FamilyFinTechManagementOfficeSoftwareTechnology
Total raised: $24.15M
Landytech, a cutting-edge investment management platform based in London, has recently made waves in the financial world by securing a substantial £5M in financing from CIBC Innovation Banking. This significant investment is a testament to the company's innovative approach and strong potential for growth in the competitive market.

Under the leadership of CEO Benjamin Mouté, Landytech has set its sights on enhancing its flagship investment management platform, Sesame, and expanding its reach across European markets. The infusion of funds will play a crucial role in fueling the company's strategic expansion plans and solidifying its position as a leader in the industry.

With headquarters in London and an additional office in Paris, Landytech has quickly established itself as a key player in the investment management sector. Boasting a talented team of over 100 employees, the company has built a loyal client base of over 70 clients and manages a staggering 400 custodian connections.

Landytech's platform, Sesame, serves as a central hub for asset owners, managers, and advisors, providing them with a comprehensive solution for managing complex investment portfolios. By consolidating asset data from various asset classes, Sesame unlocks advanced analytics and reporting capabilities, empowering clients to make informed decisions and optimize their investment strategies.

In 2023, Landytech managed over $100B in client assets on the Sesame platform, a testament to the platform's effectiveness and the company's growing influence in the market. This success has not gone unnoticed, as Landytech recently secured a Series B funding round led by Aquiline Technology Growth (‘ATG’) and received additional investment from existing investor Adelie Capital.

CEO Benjamin Mouté expressed his excitement about the recent financing, stating, "This corporate financing from CIBC Innovation Banking not only supports our ambitious growth strategy but also reflects the robustness of our business model and the trust that established financial institutions have in our vision. It's a significant milestone that underscores our commitment to leading innovation in data-driven investment management solutions."

Tom Dods, Director of CIBC Innovation Europe, also shared his enthusiasm for supporting Landytech's growth, highlighting the company's unique value proposition and tailored reporting solutions for family offices worldwide. He emphasized that CIBC Innovation Banking's funding will enable Landytech to further solidify its position as a category leader in the investment management space.

Overall, Landytech's recent financing milestone marks a pivotal moment in the company's journey towards becoming a dominant force in the investment management industry. With a strong foundation, innovative technology, and a clear vision for the future, Landytech is well-positioned to drive positive change and revolutionize the way investment management is approached in the digital age.