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Prytek Secures $107 Million Of Growth Capital From Davidson Kempner To Support Its Expansion Strategy

PRIVATENov 30, 2021over 4 years ago

Amount Raised

$107 Million

Description

Today, we announce that multinational group Prytek Holdings Pte. Ltd. ("Prytek" or the "Group") has secured a $107 million committed investment from certain affiliates of Davidson Kempner Capital Management LP ("Davidson Kempner"), as it continues its rapid growth trajectory. A representative of Davidson Kempner will join Prytek's Board of Directors and Investment Committee.

Company Information

Company

Prytek

About

Prytek was founded in 2017 by Igor Rybakov and Andrey Yashunsky and is chaired by Yair Seroussi. Prytek builds vertical integrated supply-chain-solutions for universities and financial institutions, and by that, creates impact across industries. Prytek has rapidly grown into a multinational technology group with a focus on building and investing in technologies and delivering managed services in the Financial Services, Cyber & Tech Education, and HR sectors. Prytek has invested over $350 million in companies and technologies globally, services more than 250 clients and maintains offices in eight locations worldwide. Prytek has experienced a 200% growth over the last year and plans to go public in the medium term. Photo - https://mma.prnewswire.com/media/1699025/Prytek.jpg Logo - https://mma.prnewswire.com/media/1699026/Prytek_Logo.jpg SOURCE Prytek

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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