When was Baton Systems founded?

Baton Systems was founded in 2016 and raised its 1st funding round within a year of its incorporation.

Where is Baton Systems located?

Baton Systems is headquartered in Fremont, United States. It is registered at 4TH FLOOR, ELNET SOFTWARE CITY , TS140, BLOCK 2&9, RAJIV GANDHI SALAI, TARAMANI, Chennai, CHENNAI, Tamil Nadu, India, 600113.

How many employees does Baton Systems have?

As of Jun 30, 2026, the latest employee count at Baton Systems is 141.

Is Baton Systems a funded company?

Baton Systems is a funded company, having raised a total of $16.3M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Nov 2016.

When was the latest funding round of Baton Systems?

Baton Systems' latest funding was a $***** Series A round on Jun 15, 2018, with participation from 4 investors. Its primary sector is Investment Tech. In United States, the Investment Tech sector has seen $5.61B in funding in 2026 to date.

Where does Baton Systems rank among its competitors?

Baton Systems ranks 3rd amongst 32 active competitors, of which 11 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was RQD, which secured $74M in Aug, 2026.

Who are the top competitors of Baton Systems?

Baton Systems' top competitors include VAKT, RQD and Sernova Financial. Among them, RQD secured the most recent funding round in August, 2026.

Baton Systems - 2026 Company Profile, Funding & Competitors

Baton Systems is a series A company based in Fremont (United States), founded in 2016. It operates as a Post-trade clearing and settlement solution for merchants. Baton Systems has raised $16.3M in funding from Trinity Ventures and Illuminate Financial. The company has 32 active competitors, including 11 funded and 5 that have exited. Its top competitors include companies like VAKT, RQD and Sernova Financial.

Company Details

Baton offers post-trade clearing and settlement solution for merchants. It acts as a gateway between bank ledgers and merchants for real-time reconciliation using industry protocols. It also offers on-demand synchronization and orchestration of asset movements through its distributed ledger-based platform. It captures the assets and liabilities of counterparties through direct integration with banks, custodians, and industrial hubs.

Website: batonsystems.com
Social
Email ID: *****@batonsystems.com
Registered Address: 4TH FLOOR, ELNET SOFTWARE CITY , TS140, BLOCK 2&9, RAJIV GANDHI SALAI, TARAMANI, Chennai, CHENNAI, Tamil Nadu, India, 600113

Key Metrics

Founded Year

2016

Location

Fremont, United States

Stage

Series A

Total Funding

$16.3M in 2 rounds

Latest Funding Round

Series A, Jun 15, 2018, $*****

Investors

Trinity Ventures & 3 more

Ranked

3^rd among 32 active competitors

Employee Count

141 as on Jun 30, 2026

Similar Companies

VAKT & 39 more

View Baton Systems' full profile

Baton Systems is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
BATON-UBIXI SYSTEMS INDIA PRIVATE LIMITED CIN: U72900TN2018PTC125459 , India, Active	Oct 26, 2018	₹10 - ₹50 Cr (As on Mar 31, 2025)	-
BATON SYSTEMS LIMITED CIN: 12322672 , United Kingdom, Active	Nov 18, 2019	-	-

Baton Systems has raised a total funding of $16.3M over 2 rounds. Its first funding round was on Nov 2016. Its latest funding round was a Series A round on Jun 15, 2018 for $*****. 4 investors participated in its latest round. Baton Systems has 4 institutional investors.

Here is the list of recent funding rounds of Baton Systems:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 15, 2018	8817377	Series A	6265534	9937189	5300965	7412832
Nov 2016	8790651	Seed	8393624	2504304	3576840	Alsop Louie Partners

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Baton Systems' employee count trend

Baton Systems has 141 employees as of Jun 26. Here is Baton Systems's employee count trend over the years:

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Top competitors of Baton Systems include VAKT, RQD and Sernova Financial. Here is the list of Top 10 competitors of Baton Systems, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	VAKT 2018, London (United Kingdom), Series B	Blockchain-based post-trade settlement platform	$67.6M	Aramco Ventures, Reliance Industries & 8 others	64/100
2nd	RQD 2021, New York City (United States), Series B	Provider of a clearing and settlement platform for trades	$74M	Abn Amro, Bain Capital & 2 others	56/100
3rd	Baton Systems 2016, Fremont (United States), Series A	Post-trade clearing and settlement solution for merchants	$16.3M	Trinity Ventures, Illuminate Financial & 2 others	54/100
4th	Sernova Financial 2015, London (United Kingdom), Seed	Cloud based post-trade services	$2.03M	Calypso & 7 others	46/100
5th	Embed 2020, Vancouver (United States), Acquired	Provider of API's for broker-dealers, RIAs, and banks	$40M	TriplePoint Capital, Global Founders Capital ... & 26 others	43/100
6th	Vermiculus Financial Technology 2020, Stockholm (Sweden), Seed	Provider of financial technology solutions for exchange, clearing, and CSD	-	L4 Venture Builder	43/100
7th	SSImple 2022, London (United Kingdom), Seed	SaaS DLT platform for post-trade processing	-	-	43/100
8th	BOSONIC 2016, San Francisco (United States), Series A	Operator of an alternative trading system for digital asset securities	$15.1M	Borderless Capital, SenaHill Partners & 1 others	41/100
9th	Clear 2017, Singapore (Singapore), Series A	Blockchain-based trade settlement and clearing solution	$13M	Eight Roads Ventures, MOD Clear & 22 others	39/100
10th	Kore 2016, New York (United States), Unfunded	Provider of digital infrastructure for regulated private capital market transactions	-	-	35/100