Founded in 2021, 7RIDGE is a private market asset manager based in New York. It invests in financial services and associated transformative technologies, focusing on enterprise-facing technologies for trading, capital markets, and investment management across Europe and North America.
American Financial Exchange, LLC operates a self-regulated electronic marketplace designed to facilitate interbank funding for small and mid-sized American banks. Established in 2015 and headquartered in Chicago, the company provides a platform that reflects the borrowing costs and interest rates specific to these financial institutions. By connecting banks and financial entities, American Financial Exchange enables the execution of overnight unsecured loans, allowing participants to access real-time benchmark interest rates. This service not only supports the funding needs of smaller banks but also fosters a more competitive lending environment. The company has formed a strategic partnership with Citi to enhance its offerings and expand its influence in the financial sector.
Trading Technologies
Acquisition in 2021
Trading Technologies develops professional trading software and offers a SaaS platform that provides trading tools, server-based execution engines, charting and analytics, and access to major international exchanges and liquidity venues, enabling investment banks, brokers, hedge funds, proprietary trading firms, and other trading institutions to track real-time market data and execute trades reliably.
Digital Asset
Series D in 2021
Digital Asset is a New York-based company that specializes in distributed ledger technology aimed at enhancing financial processes. Founded in 2014 by Don Wilson, Eric Saraniecki, Sunil Hirani, and Yuval Rooz, the company provides a platform known as Daml, which allows organizations to create multi-party solutions that integrate previously isolated systems into cohesive networks. This technology eliminates latency and reduces errors by ensuring consistent data across various stakeholders. Digital Asset primarily serves sectors such as financial services, healthcare, and insurance, and has collaborated with five of the top ten stock exchanges. The company is supported by a range of strategic investors, including prominent firms like Salesforce, Samsung, and J.P. Morgan, positioning it as a leader in the development of tools for secure and efficient asset tracking and settlement.
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