Vega - About the company
Vega is a series A company based in London (United Kingdom), founded in 2022 by Alexis Augier. It operates as a Company providing solution for wealth and asset managers. Vega has raised $28M in funding from Apollo Global Management and Motive Partners, with a current valuation of £*****. The company has 874 active competitors, including 109 funded and 110 that have exited. Its top competitors include companies like Addepar, Avaloq and KFin Technologies.
Company Details
Company providing solution for wealth and asset managers. It provides a distribution and client service operating system for alternative asset managers. It aims to revolutionize client service for these managers by providing a scalable, digitally-enabled platform for pre-trade, trade, and post-trade activities. It empowers alternative asset managers to efficiently service and scale their client base in an era of hypergrowth for alternatives.
- Website
- www.vega-alts.com/
- Email ID
- *****@vega-alts.com, *****@vega-alts.com
Key Metrics
Founded Year
2022
Location
London, United Kingdom
Stage
Series A
Total Funding
$28M in 2 rounds
Latest Funding Round
Post Money Valuation
£***** as on Nov 13, 2024
Investors
Ranked
17th among 874 active competitors
Employee Count
148 as on Sep 30, 2026
Legal entities associated with Vega
Vega is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
VEGA INVESTMENT TECHNOLOGIES LIMITED CIN: 14404352 , United Kingdom, Active | - | 9 (As on Dec 31, 2023) |
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Vega's funding and investors
Vega has raised a total funding of $28M over 2 rounds. Its first funding round was on Sep 28, 2023. Its latest funding round was a Series A round on Nov 12, 2024 for $*****. 2 investors participated in its latest round. Vega has 10 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Vega:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 12, 2024 | 7132617 | Series A | 7597205 | 1710348 | 4163237 | 9800840 |
Sep 28, 2023 | 4158652 | Seed | 7040587 | 5964641 | 1159098 |
View details of Vega's funding rounds and investors
Vega's founders and board of directors
Founder? Claim ProfileThe founders of Vega is Alexis Augier. Alexis Augier is the CEO of Vega.
Here are the details of Vega's key team members:
- Alexis Augier: Co-Founder & CEO of Vega and founder of 1 other company. They serve on the board of 1 company.Contact Info: 2 email addresses
Vega's Board of Directors
Vega's board has 6 active members. Alexis Augier is part of team and Tim Wanders, Neil Mehta, Byron Vielehr, Jacob Walker and Jacob Walker are independent board members.Here is the list of Vega's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 4y 0m | |
Independent board member | - | Current | 1y 10m | |
mmwkisn | Independent board member | - | Current | 7y 2m |
m{xddpf | Independent board member | - | Current | 1y 7m |
fhletzz | Independent board member | - | Current | 6y 8m |
natkucm | Independent board member | - | Current | 9y 6m |
View details of Vega's Founder profiles and Board Members
Vega's employee count trend
Vega has 148 employees as of Sep 26. Here is Vega's employee count trend over the years:
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Vega's Competitors and alternates
Top competitors of Vega include Addepar, Avaloq and KFin Technologies. Here is the list of Top 10 competitors of Vega, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Addepar 2009, New York City (United States), Series G | Wealth management solutions for advisors | $759M | 79/100 | |
2nd | Avaloq 1985, Zurich (Switzerland), Acquired | Cloud-based solutions for financial institutions | $301M | 78/100 | |
3rd | KFin Technologies 2017, Hyderabad (India), Public | Provider of software solutions for transaction management, compliance, and data analytics | $42.1M | 76/100 | |
4th | Broadridge 2007, United States, Public | Provider of tech solution for financial service and customer communication | - | 74/100 | |
5th | FNZ 2003, London (United Kingdom), Acquired | Provider of wealth management platforms for financial institutions and advisors | $3.97B | 72/100 | |
6th | SEI 1968, Oaks (United States), Public | Wealth and investment management solutions for institutional investors | - | 72/100 | |
7th | Centricity 2022, Gurugram (India), Series A | Digital private wealth management platform for individuals | $51M | 70/100 | |
8th | Altruist 2018, Culver City (United States), Acquired | Portfolio management software for financial advisors | $602M | 69/100 | |
9th | Gen II Fund Services 2009, New York City (United States), Acquired | Provider of private equity fund administration services. It offers fund administration, corporate services, tax compliance, and depositary management. The firm utilizes technology to optimize investment management and operational efficiency, providing timely and accurate reporting to investors. Services are tailored to various client sectors, including real assets, fund of funds, and credit. A global team supports clients with local expertise in key financial centers. | - | 65/100 | |
10th | Provider of software, data, analytics, and related services for financial institutions | - | 65/100 | ||
17th | Vega 2022, London (United Kingdom), Series A | Company providing solution for wealth and asset managers | $28M | 61/100 |
Looking for more details on Vega's competitors? Click here to see the top ones
Vega's Investments and acquisitions
Vega has made no investments or acquisitions yet.
Reports related to Vega
Here is the latest report on Vega's sector:
News related to Vega
Media has covered Vega for 1 event in last 1 year, It was about partnerships.
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Vega Raises $20 Million Series A Led by Apollo and Motive to Scale AltOS – The New “Core” for Private Markets Client Servicehttps://www.intelligence360.news/•Nov 21, 2024•Vega, Motive, Picus Capital, Citi and 1 other
•
Vega Raises $20M in Series A FundingFinSMEs•Nov 13, 2024•Vega Auto Accessories, Motive, Vega, Motive Partners and 3 others
•
UK WealthTech Vega launches with £8m equity investmentFintech•Sep 27, 2023•Vega, Motive Partners, Picus Capital, Citi and 6 others
•
Vega exits stealth with over $8 million in funding to reshape wealth managementPR Newswire•Sep 26, 2023•Vega, Motive Partners, Picus Capital, Citi and 3 others
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