Israeli SaaS Firm Capitolis Raises $110 Million At $1.6B Valuation

Israeli unicorn SaaS company for global capital markets Capitolis, announced this week it has secured $110 million in Series D funding to further bolster its capital marketplace. 

The latest round brings Capitolis’ total funding to $280 million at a $1.6 billion valuation. 

Fintech investors Canapi Ventures, 9Yards Capital, and SVB Capital co-led the investment round alongside participation from existing investors including a16z, Index Ventures, Sequoia Capital, S Capital, Spark Capital, Citi, State Street, and J.P. Morgan. 

“We are now moving to the next phase of growth for Capitolis as we grow exponentially year after year and deliver increased innovation for capital markets,” said Gil Mandelzis, CEO and founder of Capitolis.

Founded in 2017, Capitolis rethinks how capital markets operate. “Capitolis enables banks, investors, and institutional clients to expand their reach through a collaboration platform to connect opportunities with a democratized model of institutional capital, safely removing barriers that would otherwise restrict growth in the market.” According to Mandelzis, Capitolis has already been able to optimize more than $13 trillion in trades through its compression and novation engine, serving over 100 financial institutions. 

“Over the past two years, our vision to reinvent capital markets has gained tremendous momentum as we have tripled our revenue, customer base and team,” said Mandelzis. “We are just scratching the surface on reimagining the capital markets. We are thrilled to have partners like Canapi, 9Yards, and SVB Capital who bring strategic expertise, a true passion for the mission and a powerful network to leverage as we embark on our next chapter of growth.”