About Baton Systems
Baton Systems is a Technology company based in Fremont (United States) founded in 2016. Post-trade clearing and settlement solutions are offered for merchants. 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. Its Indian entity Baton-Ubixi Systems India Private Limited reported revenue of ₹20.90 Cr. 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. Its focus areas include FinTech, Investment Tech, Capital Market IT and Trade Management. Its competitors include Embed and RQD; 1 of its 2 listed competitors has raised funding.
Company details
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.
- Headquarters Fremont, United States
- Employees 87
- SectorsTechnology
- Email••••••••
- Website batonsystems.com
- Social LinkedIn X YouTube
- Legal Name Baton-Ubixi Systems India Private Limited
- Date of Incorporation 26 Oct, 2018
- Jurisdiction Chennai, Tamil Nadu, India
- Indian entity revenue₹20.90 Cr
FY 2025 · +17% YoY
- Indian entity net profit₹1.60 Cr
FY 2025 · 8% margin
- Indian entity EBITDA₹2.20 Cr
FY 2025 · 11% margin
- Total Equity Funding$28.26M (USD)
in 3 rounds
- Latest Funding Round$16.26M (USD), Series A
Mar 2020
- InvestorsIlluminate Financial
& 3 more
- Employee Count87
Associated legal entities of Baton Systems
Baton Systems operates through Baton-Ubixi Systems India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Baton-Ubixi Systems India Private Limited CIN U72900TN2018PTC125459 | Active | 26 Oct 2018 | Chennai, Tamil Nadu | ₹20.9 Cr | 87 | 2 | View details |
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.
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.
Apps and channels of Baton Systems
its YouTube channel Baton Systems has 80 subscribers and 30 videos.
Videos from Baton Systems
The most watched videos on Baton Systems's YouTube channel, Baton Systems (80 subscribers). Click a video to play it here.
More on Baton Systems.
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 $28.26M
- Total Rounds 3
- Last Round Series A — $16.26M
- Investors Count 4
All 3 funding rounds of Baton Systems with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2020 | $16.26M | Series A | – | Illuminate Financial | – |
| Aug 2019 | $12M | Series A | – | Trinity Ventures | |
| Nov 2016 | Seed | – | – |
4 investors in total: 4 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| illuminatefinancial.com | ||||
Early-stage technology venture capital firm specializing in risk-oriented investments with a humanist approach. | alsop-louie.com | |||
Venture capital firm investing in early-stage technology and real estate companies. | trinityventures.com | |||
Investment in retail and financial services technologies. | commerce.vc |
Investor details for Baton Systems
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Baton-Ubixi Systems India Private Limited (Baton Systems)
Baton-Ubixi Systems India Private Limited is the primary company behind Baton Systems. The board of Baton-Ubixi Systems India Private Limited currently have 2 directors; the longest-serving is Sonia Munish Bathija, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sonia Munish Bathija DIN 08266906 | Director | 26 Oct 2018 | 8 yrs | Baton-Ubixi Systems India Private Limited |
| Arjun Jayaram DIN 08266907 | Director | 26 Oct 2018 | 8 yrs | Baton-Ubixi Systems India Private Limited |
People of Baton Systems
18 people are tracked at Baton Systems (11 in leadership, 2 in board & advisors, 5 in team); the tracked headcount is 87.
| Name | Role | Group |
|---|---|---|
| Head of Operations | Leadership | |
| CEO & Founder | Leadership | |
Ronn Baker | Senior Director of North American Sales | Leadership |
Tucker Dona | Head of Business Development & Client Success | Leadership |
Daniella Huggins | Director of Marketing | Leadership |
Alex Knight | Global Head of Sales & EMEA | Leadership |
Ragu Raymond | Director of Business Development & Client Success | Leadership |
David Ornstein | COO | Leadership |
Aaron Ayusa | Director of Client Success | Leadership |
Chingiz Mammadov | Director of Finance | Leadership |
Ravindra Madduri | Global Head of Product Management | Leadership |
J. Christopher Giancarlo | Advisor | Board & advisors |
Bill Coen | Advisor | Board & advisors |
M.D. Riyaz Ahmed | Product Manager | Team |
Lavanya Karthikeyan | Product Manager | Team |
Praveen C Ganapathy | Product Manager | Team |
Steena Xavier | Product Analyst | Team |
Amita Asthana | Human Resources Manager | Team |
Complete people profiles for Baton Systems
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Baton Systems
Figures of Baton-Ubixi Systems India Private Limited, the primary company behind Baton Systems, for FY 2025. Revenue was ₹20.90 Cr (+17% year on year). Net profit was ₹1.60 Cr (8% margin). EBITDA was ₹2.20 Cr (11% margin). Revenue has grown at a compounded annual rate of +42% over three years and +45% over five years.
- ₹20.90 CrRevenue · FY 2025 · +17% YoY
- ₹1.60 CrNet profit · 8% margin
- ₹2.20 CrEBITDA · 11% margin
- ₹1 LakhPaid-up capital
- 87Employees (provident fund records)
- +42%Revenue CAGR, 3 years
- +45%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Baton-Ubixi Systems India Private Limited are on its company page.
Detailed financial statements for Baton Systems
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Baton Systems
3 dated milestones of Baton Systems across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Baton Systems is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $16.3M.
Competitors of Baton Systems
Baton Systems has 2 listed competitors in our database, 1 of them funded. They include Embed and RQD.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| embed.com | 2020 | Vancouver, United States | $20M | Provider of API's for broker-dealers, RIAs, and banks | ||
| rqdclearing.com | 2021 | New York, United States | A clearing and settlement platform for trades is offered. |
Detailed competitors of Baton Systems
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of Baton Systems
The website of Baton Systems (batonsystems.com) receives about 3.8K visits a month.
- Monthly visits3.8K
▼ 51.1% vs previous month
Top companies in Investment & Financial Technology
3 companies that operate in the same segment as Baton Systems (Investment & Financial Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.58 B | USD 2.98 B | 4,841 | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | 602 |
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Related news about Baton Systems
Complete news archive for Baton Systems
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Frequently Asked Questions about Baton Systems
Baton Systems was founded in 2016.
Baton Systems is headquartered in Fremont, United States. It is registered at Fremont, California, United States.
Baton Systems is a funded company, having raised a total of $28.26M across 3 funding rounds to date.
Baton Systems has 87 employees.
The primary company behind Baton Systems, Baton-Ubixi Systems India Private Limited, reported revenue of ₹20.90 Cr for FY 2025, up 17% year on year.
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.
Baton Systems offers Baton CORE, Real-time Payments Control, Intraday Liquidity Management, Automated Collateral Management, and On-Demand FX PvP Settlement.
Baton Systems has 4 investors. Key investors include Illuminate Financial, Alsop Louie Partners, Trinity Ventures, and Commerce Ventures.
Baton Systems operates through Baton-Ubixi Systems India Private Limited.
The legal entities of Baton Systems currently have 2 directors, including Sonia Munish Bathija, Arjun Jayaram.