Financial Market Infrastructure Axoni Closes $31 Million Financing Round

Axoni, a New York-based technology firm that specializes in multi-party workflows and infrastructure, announced that it has secured $31 millionin a recently closed equity financing round. Axoni has raised a total of $90 million since inception.

According to the announcement, the new strategic investors participating in the round including Deutsche Bank, Intel Capital, and UBS. Existing investors including Citi, Goldman Sachs, HSBC, J.P. Morgan, Nyca Partners, and Wells Fargo also participated in the funding round.

Founded in 2013, Axoni's client base has grown to include buy-side and sell-side firms, infrastructure providers, and technology companies across the United States, Europe, and Asia. The company will use the funds to expand its networks across asset classes and regions.

Greg Schvey, Axoni CEO said:”We're delighted to expand the list of Axoni's strategic partners in this financing round and deeply appreciate the continued support from our existing investors. Applications of Axoni's technology have expanded rapidly in recent years; this investment provides us with the capital and partnerships to meet that demand.”

“We are pleased to be participating in the fundraising for this exciting company which is well placed to help drive digitalization and increase efficiency in the global capital markets,” said Henrik Johnsson, Deutsche Bank's Co-Head of Global Capital Markets.