When was Finomial founded?

Finomial was founded in 2010 and raised its 1st funding round 1 year after it was founded.

Where is Finomial located?

Finomial is headquartered in New York City, United States. It is registered at Cambridge, Massachusetts.

How many employees does Finomial have?

As of Dec 31, 2022, the latest employee count at Finomial is 1.

Is Finomial a funded company?

Finomial is a funded company, having raised a total of $13.4M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Dec 23, 2011.

When was the latest funding round of Finomial?

Finomial's latest funding was a $***** Series A round on Feb 21, 2018, with participation from 1 investor.

Where does Finomial rank among its competitors?

Finomial ranks 714th amongst 3102 active competitors, of which 581 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Sift, which secured $507K in Oct, 2025.

Who are the top competitors of Finomial?

Finomial's top competitors include Symphony, ComplyAdvantage and IDnow. Among them, Sift secured the most recent funding round in October, 2025.

Finomial - 2026 Company Profile, Funding & Competitors

Company Details

Cloud based platform that automates the hedge fund subscription process. The platform provides investor analytics on compliance, marketing, and investor relations. The company offers FATCA compliant and cloud based solutions for hedge funds, to streamline client lifecycle management.

Website: finomial.com
Registered Address: Cambridge, Massachusetts

Key Metrics

Founded Year

2010

Location

New York City, United States

Stage

Acquired

Total Funding

$13.4M in 6 rounds

Latest Funding Round

Series A, Feb 21, 2018, $*****

Investors

Bridgescale & 5 more

Ranked

714^th among 3102 active competitors

Employee Count

1 as on Dec 31, 2022

Similar Companies

ComplyAdvantage & 2855 more

Exit Details

Acquired by SEI (Oct 27, 2021)

View Finomial's full profile

Finomial is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
FINOMIAL TECHNOLOGIES PRIVATE LIMITED CIN: U72300WB2015FTC207540 , India, Active	Aug 21, 2015	0 - ₹10 Cr (As on Mar 31, 2020)	34 (As on Oct 31, 2021)
FINOMIAL CORPORATION CIN: 274076084 , United States, Active	Nov 28, 2010	-	1 (As on Dec 31, 2021)	-

Finomial got acquired by SEI on Oct 27, 2021.

Click here to take a look at Finomial's acquisition in detail

Finomial has raised a total funding of $13.4M over 6 rounds. Its first funding round was on Dec 23, 2011. Its latest funding round was a Series A round on Feb 21, 2018 for $*****. 1 investor participated in its latest round. Finomial has 6 institutional investors.

Here is the list of recent funding rounds of Finomial:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 21, 2018	7101702	Series A	6748578	1725535	8357534	7432872
Mar 17, 2016	7033868	Series A	8662729	9060502	6892845	6054967
Sep 28, 2015	3201767	Series A	8242750	9152982	1257805	5898048

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View details of Finomial's funding rounds and investors

Finomial's employee count trend

Finomial has 1 employees as of Dec 22. The total employee count is 86.0% lower than what it was in Dec 21. Here is Finomial's employee count trend over the years:

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Top competitors of Finomial include Symphony, ComplyAdvantage and IDnow. Here is the list of Top 10 competitors of Finomial, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Symphony 2014, New York City (United States), Series E	Compliance management solutions for financial institutions	$461M	Lakestar, UBS & 38 others	76/100
2nd	ComplyAdvantage 2014, London (United Kingdom), Series C	Cloud-based AML solutions	$171M	Index Ventures, Balderton Capital & 46 others	75/100
3rd	IDnow 2010, Munich (Germany), Acquired	Provider of automated and expert-led identity verification and digital trust services	$40M	Seventure Partners, BayBG Venture Capital ... & 40 others	75/100
4th	Sift 1997, San Francisco (United States), Series D	Provider of an AI-powered platform for fraud detection and prevention	$162M	Insight Partners, Spark Capital & 22 others	75/100
5th	M2P Fintech 2014, Chennai (India), Series D	Provider of APIs enabling banking, lending, and payment financial services	$188M	8i Ventures, Beenext & 63 others	74/100
6th	Jumio 2010, Sunnyvale (United States), Acquired	Provider of AI-powered identity verification solutions	$196M	Millennium Technology Value Partners, Great Hill Partners ... & 10 others	74/100
7th	Entrust 1969, Dallas (United States), Acquired	Provider of identity-centric security solutions, including issuance and data protection	-	Thoma Bravo, Neuberger Berman Capital Solutions ... & 2 others	74/100
8th	Simplex 2014, Ramat Gan (Israel), Acquired	AI-based crypto payments and fraud prevention solutions for businesses	$19M	Cumberland Mining, FundersClub & 12 others	73/100
9th	Profitero 2009, Dun Laoghaire (Ireland), Acquired	Platform offering E- Commerce analytics solutions	$28.2M	Scaleworks, Polaris Partners & 10 others	73/100
10th	Riskified 2013, New York City (United States), Public	AI-based payment fraud prevention solutions for e-commerce solution	$232M	Founder Collective, Genesis Partners & 21 others	73/100
714th	Finomial 2010, New York City (United States), Acquired	Cloud based platform that automates the hedge fund subscription process	$13.4M	Bridgescale, 500 Global & 4 others	35/100