Embed - About the company
Embed is an acquired company based in Vancouver (United States), founded in 2020 by Michael Giles. It operates as a Provider of API's for broker-dealers, RIAs, and banks. Embed has raised $40M in funding from TriplePoint Capital. The company has 31 active competitors, including 11 funded and 5 that have exited. Its top competitors include companies like VAKT, RQD and Baton Systems.
Company Details
Provider of API's for broker-dealers, RIAs, and banks. The company offers a clearing & custody platform offering securities execution, clearing, settlement, and custody APIs.
- Website
- embed.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2020
Location
Vancouver, United States
Stage
Acquired
Total Funding
$40M in 3 rounds
Latest Funding Round
Investors
Ranked
4th among 31 active competitors
Employee Count
4 as on Aug 31, 2026
Exit Details
Acquired by OpenFX (Jun 02, 2026)
Embed's acquisition details
Embed got acquired by OpenFX on Jun 02, 2026.
Click here to take a look at Embed's acquisition in detail
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Embed's funding and investors
Embed has raised a total funding of $40M over 3 rounds. Its first funding round was on Apr 2021. Its latest funding round was a Series A round on Oct 19, 2021 for $*****. 10 investors participated in its latest round. Embed has 24 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of Embed:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 19, 2021 | 3521337 | Series A | 3418007 | 6997517 | 5329938 | 8962512 |
Oct 19, 2021 | 9647071 | Conventional Debt | 5158552 | 7408863 | 7820842 | |
Apr 2021 | 4288394 | Seed | 5386931 | 3439965 | 7053148 | 5949855 |
View details of Embed's funding rounds and investors
Embed's founders and board of directors
Founder? Claim ProfileThe founders of Embed is Michael Giles.
Here are the details of Embed's key team members:
- Michael Giles: Former Founder & CEO of Embed and founder of 2 other companies, Third Party Trade and Interchange. They serve on the board of 1 company.
View details of Embed's Founder profiles and Board Members
Embed's employee count trend
Embed has 4 employees as of Aug 26. Here is Embed's employee count trend over the years:
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Embed's Competitors and alternates
Top competitors of Embed include VAKT, RQD and Baton Systems. Here is the list of Top 10 competitors of Embed, ranked by Tracxn score:
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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 | 61/100 | |
2nd | RQD 2021, New York City (United States), Series B | Provider of a clearing and settlement platform for trades | $74M | 56/100 | |
3rd | Baton Systems 2016, Fremont (United States), Series A | Post-trade clearing and settlement solution for merchants | $16.3M | 54/100 | |
4th | Embed 2020, Vancouver (United States), Acquired | Provider of API's for broker-dealers, RIAs, and banks | $40M | 43/100 | |
5th | Vermiculus Financial Technology 2020, Stockholm (Sweden), Seed | Provider of financial technology solutions for exchange, clearing, and CSD | - | 43/100 | |
6th | SSImple 2022, London (United Kingdom), Seed | SaaS DLT platform for post-trade processing | - | - | 43/100 |
7th | BOSONIC 2016, San Francisco (United States), Series A | Operator of an alternative trading system for digital asset securities | $15.1M | 41/100 | |
8th | InteliClear 2004, North Brunswick (United States), Unfunded | Online provider of post-trade solutions to the securities brokerage sector | - | - | 41/100 |
9th | Blockchain-based trade settlement and clearing solution | $13M | 39/100 | ||
10th | Kore 2016, New York (United States), Unfunded | Provider of digital infrastructure for regulated private capital market transactions | - | - | 35/100 |
Looking for more details on Embed's competitors? Click here to see the top ones
Embed's Investments and acquisitions
Embed has made no investments or acquisitions yet.
Reports related to Embed
Here is the latest report on Embed's sector:
News related to Embed
•
FTX debtors settle some claims over Embed deal with Sam Bankman-Fried, othersThe Star Online•Dec 23, 2023•FTX, Embed
•
FTX seeks to recoup more than $240m from Embed acquisitionFusoes & Aquisicoes•May 30, 2023•FTX, Embed
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Embed raises $60 million ahead of Q4 custody and clearing launchFinextra•Oct 20, 2021•Embed, TriplePoint Capital, Treasury, Global Financial Consultants and 7 others
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