EMTECH - About the company
EMTECH is a series A company based in New York City (United States), founded in 2019 by Carmelle Cadet. It operates as a Provider of software for central banks and financial service providers. EMTECH has raised $13.8M in funding from Accenture and Z47. The company has 323 active competitors, including 70 funded and 77 that have exited. Its top competitors include companies like Oracle, TrustArc and Broadcom.
Company Details
Provider of software for central banks and financial service providers. The company offers a suite of products focused on regulatory compliance, sandbox environments, digital cash solutions, and risk-based supervision tools. It facilitates collaboration and decision-making between central banks, financial service providers, and fintech companies. The software aims to streamline processes related to payments, compliance, and financial technology development.
- Website
- emtech.com
- Email ID
- *****@emtech.com
Key Metrics
Founded Year
2019
Location
New York City, United States
Stage
Series A
Total Funding
$13.8M in 3 rounds
Latest Funding Round
Ranked
55th among 323 active competitors
Employee Count
60 as on Sep 30, 2026
Legal entities associated with EMTECH
EMTECH is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
54-1142608 CIN: Emtech,Inc. , United States, Active | Jan 01, 2019 | - | 1 (As on Dec 31, 2023) | - |
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EMTECH's funding and investors
EMTECH has raised a total funding of $13.8M over 3 rounds. Its first funding round was on Mar 02, 2022. Its latest funding round was a Series A round on Sep 10, 2024 for $*****. 1 investor participated in its latest round. EMTECH has 18 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of EMTECH:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 10, 2024 | 6743643 | Series A | 1614778 | 8873840 | 9825379 | 1617465 |
Aug 03, 2023 | 5703563 | Series A | 6661548 | 2750592 | 9387707 | |
Mar 02, 2022 | 9697278 | Seed | 1190379 | 7667266 | 2646131 |
View details of EMTECH's funding rounds and investors
EMTECH's founders and board of directors
Founder? Claim ProfileThe founders of EMTECH is Carmelle Cadet. Carmelle Cadet is the CEO of EMTECH.
Here are the details of EMTECH's key team members:
- Carmelle Cadet: Founder & CEO of EMTECH.
View details of EMTECH's Founder profiles and Board Members
EMTECH's employee count trend
EMTECH has 60 employees as of Sep 26. Here is EMTECH's employee count trend over the years:
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EMTECH's Competitors and alternates
Top competitors of EMTECH include Oracle, TrustArc and Broadcom. Here is the list of Top 10 competitors of EMTECH, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Oracle 1977, Austin (United States), Public | Provider of cloud-based enterprise software solutions for applications, platform, and infrastructure management | - | 83/100 | |
2nd | TrustArc 1997, Walnut Creek (United States), Acquired | Cloud-based data privacy and compliance solutions for businesses | $107M | 78/100 | |
3rd | Broadcom 1991, California (United States), Acquired | Platform offering data center fiber optic networks | - | 78/100 | |
4th | Alteryx 1997, Irvine (United States), Acquired | Cloud based suite of data analytics solutions | $163M | 77/100 | |
5th | Avaloq 1985, Zurich (Switzerland), Acquired | Cloud-based solutions for financial institutions | $301M | 76/100 | |
6th | Fireblocks 2018, New York (United States), Series E | Provider of an online platform for crypto custody, payments, tokenization, and wallet-as-a-service | $1.04B | 75/100 | |
7th | Jumio 2010, Sunnyvale (United States), Acquired | Provider of AI-powered identity verification solutions | $201M | 73/100 | |
8th | DataRobot 2012, Boston (United States), Series G | Provider of an agent workforce platform for enterprise artificial intelligence | $1.05B | 71/100 | |
9th | Chainalysis 2014, New York City (United States), Series F | Blockchain data platform providing crypto insights | $538M | 71/100 | |
10th | NiCE 1986, Hoboken (United States), Public | Developer of platforms automating customer service using artificial intelligence | - | 71/100 | |
55th | EMTECH 2019, New York City (United States), Series A | Provider of software for central banks and financial service providers | $13.8M | 55/100 |
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EMTECH's Investments and acquisitions
EMTECH has made no investments or acquisitions yet.
Reports related to EMTECH
Here is the latest report on EMTECH's sector:
News related to EMTECH
Media has covered EMTECH for 1 event in last 1 year, It was about partnerships.
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Accenture invests in EMTECH to modernise central bank operationsThe Paypers•Sep 13, 2024•EMTECH, Accenture
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Accenture Invests in EMTECH to Modernize Central Bank OperationsBusiness Wire•Sep 10, 2024•Accenture, EMTECH
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Emtech Announces Beyond Compliance Product for Fintechs to Proactively Manage RiskPR Newswire•Jul 31, 2024•EMTECH
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EMTECH Set To Transform Financial Ecosystem With ‘Beyond Compliance’ SolutionIndependent•Jul 19, 2024•EMTECH
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EMTECH announces beyond compliance product for fintechs to proactively manage riskBusiness and Financial Times•Jul 11, 2024•EMTECH
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Emtech Press - west-african-monetary-institute-wami-partners-with-emtech-solutionsEMTECH•May 24, 2024•EMTECH
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Emtech Press - emtech-releases-its-web-3-enabled-central-banking-digital-currency-innovation-kit-forEMTECH•May 24, 2024•EMTECH
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EMTECH Successfully Pilots Its Web3-based Digital Cash Infrastructure Solution With Bank of GhanaBusiness Wire•Dec 18, 2023•EMTECH, Bog
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