Finomial

New York, United States Founded: 2010 • Age: 16 yrs Acquired By sei
Hedge fund subscriptions are automated via Finomials cloud platform.
Annual revenue - Latest available
Total funding $13.4M 6 rounds
Employees 1 Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Finomial

Finomial is a company based in New York (United States) founded in 2010 was acquired by sei in October 2021. Finomial has raised $13.44 million across 6 funding rounds from investors including sei and Silver 8 Capital. The company has 1 employees as of December 31, 2022. Finomial operates in a competitive market with competitors including Sedgwick, Quantexa, ComplyAdvantage, Perfios and IDnow, among others.

  • Headquarter New York, United States
  • Employees 1 as on 31 Dec, 2022
  • Sectors
    Technology
    Industrial Goods & Manufacturing Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
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
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $13.44 M (USD)

    in 6 rounds

  • Latest Funding Round
    $7.04 M (USD), Series A

    Feb 21, 2018

  • Investors
    sei

    & 1 more

  • Employee Count
    1

    as on Dec 31, 2022

  • Acquired by
    sei

    (Oct 27, 2021)

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People of Finomial

Headcount 1000-5000
Employee Profiles 355
Board Members and Advisors 8
Employee Profiles
People
Brian Doria
Incident Manager
People
Julie Reid
Employment Law Attorney
People
Mike Frederick
Director -- Private Wealth Management
People
Brandon Bates
Managing Director, Private Banking Solutions

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Board Members and Advisors
people
Alfred P. West, Jr.
Executive Chairman
people
Karin A. Risi
Board Member
people
Tom C. Naratil
Board Member
people
Carmen V. Romeo
Director

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Funding Insights of Finomial

Finomial has successfully raised a total of $13.44M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $7.04 million completed in February 2018. 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 Finomial

Finomial has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include sei and Silver 8 Capital.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
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Wealth and investment management solutions are offered to institutional investors.
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Investor details for Finomial

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Finomial

Investments
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Investment portfolio details for Finomial

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Financial Statements - Finomial

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Detailed financials for Finomial

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  • Profit trends
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Finomial Comparisons

Finomial Primary company
Description
Hedge fund subscriptions are automated via Finomial's cloud ...
Location
New York, United States
Founded Year
2010
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
1
As of 2022
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Peer comparison for Finomial

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Competitors of Finomial

Finomial 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 Sedgwick, Quantexa, ComplyAdvantage, Perfios and IDnow, among others.

Company Name Domain Founded year HQ Location Description
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Claims administration, loss adjusting, and benefits management services are provided.
Locked Locked Locked
AI-powered data and decision intelligence solutions are provided for businesses.
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Cloud-based anti-money laundering solutions are provided for compliance.
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Provides financial technology solutions for data analysis and verification globally.
Locked Locked Locked
Automated and expert-led identity verification services are provided.
Locked Locked Locked
Software solutions for identity management are provided via APIs.
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Detailed competitors of Finomial

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Latest news on Finomial

SEI buys Finomial to expand platform digitisation capabilities
Privatebankerinternational4 years ago
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Complete news archive for Finomial

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Frequently Asked Questions about Finomial

Finomial was founded in 2010 and raised its 1st funding round 1 year after it was founded.

Finomial is headquartered in New York, United States. It is registered at New York, New York, United States.

Finomial is a funded company, having raised a total of $13.44M across 6 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Finomial is 1.

Finomial was founded in 2010 in New York, United States, as a cloud-based platform in the financial services sector. The hedge fund subscription process is automated, with investor analytics provided on compliance, marketing, and investor relations. FATCA-compliant solutions are offered to streamline client lifecycle management for hedge funds, supporting operations in investor onboarding and relations.

Finomial's top competitors include ComplyAdvantage, Sedgwick and IDnow.

Finomial has 2 investors. Key investors include sei, and Silver 8 Capital.

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