About Baton Systems
Baton Systems is a company based in Fremont (United States) founded in 2016.. Baton Systems has raised $28.26 million across 3 funding rounds from investors including Illuminate Financial, Alsop Louie Partners and Trinity Ventures. The company has 87 employees as of March 30, 2024. Baton Systems offers products and services including Baton CORE, Real-time Payments Control, Intraday Liquidity Management, Automated Collateral Management, and On-Demand FX PvP Settlement. Baton Systems operates in a competitive market with competitors including VAKT, Embed, Sernova Financial, RQD and Fidectus, among others.
- Headquarter Fremont, United States
- Employees 87 as on 30 Mar, 2024
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Baton-Ubixi Systems India Private Limited
- Date of Incorporation 26 Oct, 2018
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$1.43 M (USD)178.62as on Mar 31, 2023
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Net Profit
$123.13 K (USD)306.07as on Mar 31, 2023
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EBITDA
$233.67 K (USD)139.86as on Mar 31, 2023
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Total Equity Funding
$28.26 M (USD)
in 3 rounds
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Latest Funding Round
$16.26 M (USD), Series A
Mar 20, 2020
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Investors
Illuminate Financial
& 3 more
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Employee Count
87
as on Mar 30, 2024
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Products & Services of Baton Systems
Baton Systems offers a comprehensive portfolio of products and services, including Baton CORE, Real-time Payments Control, Intraday Liquidity Management, Automated Collateral Management, and On-Demand FX PvP Settlement. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for real-time post-trade process management and automation.
Tool to reduce funding costs and manage payment risks effectively.
System for optimizing intraday funding and increasing financial resiliency.
Service for efficient asset allocation and risk reduction in trades.
Solution for safe bilateral FX trade settlements with precision.
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Funding Insights of Baton Systems
Baton Systems has successfully raised a total of $28.26M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $16.26 million completed in March 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $16.3M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2020 | Amount | Series A - Baton Systems | Valuation | Illuminate Financial |
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| Aug, 2019 | Amount | Series A - Baton Systems | Valuation | Trinity Ventures | |
| Nov, 2016 | Amount | Seed - Baton Systems | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Baton Systems
Baton Systems has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Illuminate Financial, Alsop Louie Partners and Trinity Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Early-stage technology venture capital firm specializing in risk-oriented investments with a humanist approach.
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Founded Year | Domain | Location | |
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Venture capital firm investing in early-stage technology and real estate companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Baton Systems
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Baton Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Baton Systems Comparisons
Competitors of Baton Systems
Baton Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as VAKT, Embed, Sernova Financial, RQD and Fidectus, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Blockchain-based post-trade settlements are facilitated securely by VAKT.
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| domain | founded_year | HQ Location |
Provider of API's for broker-dealers, RIAs, and banks
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| domain | founded_year | HQ Location |
Cloud-based post-trade services are provided for clearing and risk management.
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| domain | founded_year | HQ Location |
A clearing and settlement platform for trades is offered.
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| domain | founded_year | HQ Location |
Post-trade solutions for brokerage firms are automated digitally.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Baton Systems
Frequently Asked Questions about Baton Systems
When was Baton Systems founded?
Baton Systems was founded in 2016.
Where is Baton Systems located?
Baton Systems is headquartered in Fremont, United States. It is registered at Fremont, California, United States.
Is Baton Systems a funded company?
Baton Systems is a funded company, having raised a total of $28.26M across 3 funding rounds to date.
How many employees does Baton Systems have?
As of Mar 30, 2024, the latest employee count at Baton Systems is 87.
What is the annual revenue of Baton Systems?
Annual revenue of Baton Systems is $1.43M as on Mar 31, 2023.
What does Baton Systems do?
Baton Systems was founded in 2016 and is headquartered in Fremont, United States. Operations focus on the fintech sector, providing post-trade clearing and settlement services tailored for merchants. A distributed ledger-based platform is utilized to enable real-time reconciliation between bank ledgers and merchant systems through industry-standard protocols. Direct integrations with banks, custodians, and industry hubs are maintained to capture and synchronize asset movements and liabilities across counterparties.
Who are the top competitors of Baton Systems?
Baton Systems's top competitors include VAKT, Sernova Financial and Embed.
What products or services does Baton Systems offer?
Baton Systems offers Baton CORE, Real-time Payments Control, Intraday Liquidity Management, Automated Collateral Management, and On-Demand FX PvP Settlement.
Who are Baton Systems's investors?
Baton Systems has 4 investors. Key investors include Illuminate Financial, Alsop Louie Partners, Trinity Ventures, and Commerce Ventures.
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