Saphyre Secures $70 Million Growth Investment from FTV Capital with Continued Support from BNP Paribas
PE FORUM > Blog > Fundraising News > deals > Saphyre Secures $70 Million Growth Investment from FTV Capital with Continued Support from BNP Paribas
– Saphyre, an AI-powered platform automating finance operations and trading workflows, has raised $70 million in growth equity from FTV Capital.
– The funding will be used to:
▪️Accelerate go-to-market efforts in pre- and post-trade.
▪️Support ongoing product innovation.
▪️Expand Saphyre’s global presence.
▪️Deepen integration across the financial services ecosystem.
– Gabino Roche Jr, CEO and founder, Saphyre: “This investment marks a major milestone in Saphyre’s mission to revolutionize financial services workflows with our patented AI technology and exceptional commitment to our clients.”
– FTV Capital brings:
▪️Deep industry expertise in capital markets technology.
▪️Strong network within Saphyre’s core client base.
– Saphyre addresses the inefficiencies caused by manual onboarding processes in capital markets.
– Its patented AI platform allows clients to:
▪️Digitize and structure pre-trade data.
▪️Onboard counterparties in as little as 24 hours.
▪️Eliminate up to 75% of redundant post-trade activities.
▪️Settle trades in near real-time.
– The platform enhances operational control, risk oversight, and helps institutions comply with T+1 settlement.
– Saphyre currently supports over 75 top global financial institutions, covering thousands of accounts and over $3 trillion in assets under management.
– Michael Cichowski, partner, FTV Capital: “Despite the rapid pace of innovation in financial services, middle-office workflows continue to rely on outdated and fragmented processes. Saphyre has grown rapidly as a category leader in automating account and fund onboarding through its differentiated platform and cloud-native architecture.”
– Junaid Baig, head of strategic investments and co-head of strategy, BNP Paribas CIB Paribas: “BNP Paribas remains a committed partner to Saphyre and supports the innovation the company is continuing to bring to the industry.”
– As part of the investment, Cichowski will join Saphyre’s board of directors alongside Gabino Roche Jr., CEO and Founder, and Stephen Roche, President & Co-Founder.
– Saphyre, an AI-powered platform automating finance operations and trading workflows, has raised $70 million in growth equity from FTV Capital.
– The funding will be used to:
▪️Accelerate go-to-market efforts in pre- and post-trade.
▪️Support ongoing product innovation.
▪️Expand Saphyre’s global presence.
▪️Deepen integration across the financial services ecosystem.
– Gabino Roche Jr, CEO and founder, Saphyre: “This investment marks a major milestone in Saphyre’s mission to revolutionize financial services workflows with our patented AI technology and exceptional commitment to our clients.”
– FTV Capital brings:
▪️Deep industry expertise in capital markets technology.
▪️Strong network within Saphyre’s core client base.
– Saphyre addresses the inefficiencies caused by manual onboarding processes in capital markets.
– Its patented AI platform allows clients to:
▪️Digitize and structure pre-trade data.
▪️Onboard counterparties in as little as 24 hours.
▪️Eliminate up to 75% of redundant post-trade activities.
▪️Settle trades in near real-time.
– The platform enhances operational control, risk oversight, and helps institutions comply with T+1 settlement.
– Saphyre currently supports over 75 top global financial institutions, covering thousands of accounts and over $3 trillion in assets under management.
– Michael Cichowski, partner, FTV Capital: “Despite the rapid pace of innovation in financial services, middle-office workflows continue to rely on outdated and fragmented processes. Saphyre has grown rapidly as a category leader in automating account and fund onboarding through its differentiated platform and cloud-native architecture.”
– Junaid Baig, head of strategic investments and co-head of strategy, BNP Paribas CIB Paribas: “BNP Paribas remains a committed partner to Saphyre and supports the innovation the company is continuing to bring to the industry.”
– As part of the investment, Cichowski will join Saphyre’s board of directors alongside Gabino Roche Jr., CEO and Founder, and Stephen Roche, President & Co-Founder.