Fundz

Cassini Systems Secures $20.5 Million Growth Round Led By Ten Coves Capital

PRIVATEDec 09, 2021

Amount Raised

$20.5 Million

Round Type

Funding Round

Financial ServicesSoftwarePayments

Description

Cassini Systems, Ltd, a leading provider of pre- and post-trade margin and collateral analytics for derivatives market participants, today announced it has just completed a $20.5 million growth financing round led by Ten Coves Capital and joined by existing investor, Mosaik Partners. The company will use the proceeds to further accelerate its product development and global market expansion.

Quick answer

Cassini Systems raised $20.5 Million in a Funding Round round, dated December 9, 2021.

How much did Cassini Systems raise?
Cassini Systems raised $20.5 Million in a Funding Round round on December 9, 2021.
What does Cassini Systems do?
Founded in 2014, Cassini Systems offers an award-winning derivatives margin analytical platform that provides the industry's front-to-back margin and cost analysis across the entire lifecycle of a trade.

Source: Fundz verified event record.

Who else raised in Financial Services and Payments around the same time

Companies in the same sectors as Cassini Systems that raised within 45 days of this round, from Fundz verified event records.

  • Anchorage Digital raised $350M (Series D) on December 15, 2021.
  • Anchorage Digital raised $350M (Funding Round) on December 15, 2021.
  • Shakepay raised $44M (Series A) on January 20, 2022.
  • Billfold raised an undisclosed amount (Corporate Round) on January 12, 2022.
  • InsurePay raised an undisclosed amount (Series B) on January 11, 2022.
  • Assemble raised $5M (Seed) on January 11, 2022.

Who to call at Cassini Systems, and when

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Company Information

Company

Cassini Systems

About

Founded in 2014, Cassini Systems offers an award-winning derivatives margin analytical platform that provides the industry's front-to-back margin and cost analysis across the entire lifecycle of a trade. Cassini users can calculate any margin on any cleared or uncleared derivatives asset; analyze drivers and movement in margin exposure; reduce Initial Margin levels; and maximize margin efficiency with the firm's industry leading, advanced algorithms. Cassini services have a proven track record of enhancing portfolio returns at every point in the daily business cycle, empowering traders and portfolio managers with the ability to analyze instantly in the pre-trade stage the all-in, lifetime cost of a transaction. Top-tier hedge funds, asset managers and Tier 1 banks rely on Cassini for powerful, flexible, automated tools to manage their portfolios of over-the-counter and exchange-traded derivatives products. For more information, visit www.cassinisystems.com/.

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Cassini Systems raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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