Fenergo

Dublin, Ireland Founded: 2009 • Age: 17 yrs Acquired By Astorg Partners
Cloud based KYC and AML management software
Annual revenue $6.2M Latest available
Total funding $181.0M 6 rounds
Employees 74 Tracked headcount
Investors 21 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About Fenergo

Fenergo is a company based in Dublin (Ireland) founded in 2009 was acquired by Astorg Partners in May 2021. Fenergo has raised $180.97 million across 6 funding rounds from investors including Investec, ABN AMRO and Bridgepoint Capital. The company has 74 employees as of March 31, 2021. Fenergo has completed 1 acquisition, including Sentinels. Fenergo offers products and services including Fenergo CLM, Know Your Customer, and Transaction Monitoring. Fenergo operates in a competitive market with competitors including PayPal, Zscaler, Chainalysis, Synchrony and New York Life Insurance, among others.

  • Headquarter Dublin, Ireland
  • Employees 74 as on 31 Mar, 2021
  • Stage Minicorn
  • Sectors
    Technology
    Industrial Goods & Manufacturing Financial Services
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $6.23 M (USD)
    21
    as on Mar 31, 2021
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $180.97 M (USD)

    in 6 rounds

  • Latest Funding Round
    $6 M (USD), Series B

    Feb 12, 2020

  • Investors
    Investec

    & 20 more

  • Employee Count
    74

    as on Mar 31, 2021

  • Investments & Acquisitions
  • Acquired by
    Astorg Partners

    (May 18, 2021)

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Products & Services of Fenergo

Fenergo offers a comprehensive portfolio of products and services, including Fenergo CLM, Know Your Customer, and Transaction Monitoring.

Product name locked
Category locked
Primary

Software for automating client onboarding and compliance processes

Product name locked
Category locked
Locked

Automates due diligence for regulatory and risk management

Product name locked
Category locked
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Detects suspicious activities in real-time for financial firms

People of Fenergo

Headcount 500-1000
Employee Profiles 274
Board Members and Advisors 4
Employee Profiles
People
Neil Breslin
Principal Engineer
People
Prachi Chari
Data Platform Engineer
People
Gary Sweeney
Product Manager
People
Telmo Miranda
Principal Engineer

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Board Members and Advisors
people
David Nicault
Non-Executive Director
people
Benoit Ficheur
Non-Executive Director
people
Chris Devereux
Non Executive Director
people
Emily Hyslop
Director

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Funding Insights of Fenergo

Fenergo has successfully raised a total of $180.97M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $6 million completed in February 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.

Investors in Fenergo

Fenergo has secured backing from 21 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Investec, ABN AMRO and Bridgepoint Capital.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investment firm scaling software and technology companies from early to late stages.
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Private equity and debt investments are directed toward financial sectors.
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Venture capital backed by Investec
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Investor details for Fenergo

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  • Investor locations
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Investments & Acquisitions by Fenergo

Fenergo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Sentinels.

Investments
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Investment portfolio details for Fenergo

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
API-based transaction monitoring solutions are provided for financial institutions.
Locked Locked 2020 Locked
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Complete acquisition details for Fenergo

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  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Fenergo

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Detailed financials for Fenergo

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Fenergo Comparisons

Fenergo Primary company
Description
Cloud based KYC and AML management software
Location
Dublin, Ireland
Founded Year
2009
Annual Revenue
$6.23 M (USD)
Net Profit
Not available
EBITDA
Not available
Employees
74
As of 2021
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Peer comparison for Fenergo

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Competitors of Fenergo

Fenergo 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 PayPal, Zscaler, Chainalysis, Synchrony and New York Life Insurance, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Online payment solutions are offered to consumers and businesses.
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Cybersecurity and zero trust solutions are delivered for secure networks.
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Blockchain data platform insights for cryptocurrency are delivered.
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Synchrony is engaged in providing credit cards and banking services.
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Mutual life insurance and asset management services are provided.
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Hybrid cloud infrastructure solutions are delivered for business management.
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Detailed competitors of Fenergo

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  • Domains and locations
  • Full company profiles
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  • Competitive positioning

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Latest news on Fenergo

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Complete news archive for Fenergo

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Fenergo

Fenergo was founded in 2009 and raised its 1st funding round 3 years after it was founded.

Fenergo is headquartered in Dublin, Ireland.

Fenergo is a funded company, having raised a total of $180.97M across 6 funding rounds to date.

As of Mar 31, 2021, the latest employee count at Fenergo is 74.

Annual revenue of Fenergo is $6.23M as on Mar 31, 2021.

Fenergo was founded in 2009 and is headquartered in Dublin, Ireland. Software solutions for client lifecycle management and regulatory compliance are provided to financial institutions. Focus is placed on customer onboarding processes, with adherence to anti-money laundering and know-your-customer regulations ensured. Operations center on cloud-based platforms that support businesses in managing compliance requirements across various jurisdictions.

Fenergo's top competitors include Zscaler, Snowflake and Synchrony.

Fenergo offers Fenergo CLM, Know Your Customer, and Transaction Monitoring.

Fenergo has made 1 acquisition, including Sentinels.

Fenergo has 21 investors. Key investors include Investec, ABN AMRO, Bridgepoint Capital, Aquiline Capital Partners, and DXC.

The valuation of Fenergo is $636.35M as of Feb 2019.

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