SteelEye

London, United Kingdom Founded: 2017 • Age: 9 yrs
Cloud-based regulatory intelligence is delivered for financial institutions.
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About SteelEye

SteelEye is a company based in London (United Kingdom) founded in 2017 by Matthew Storey, Shankar Vasudevan, Chris Young, Matt Smith, and David Haines.. SteelEye has raised $38.29 million across 3 funding rounds from investors including Eight Roads Ventures, Ten Coves Capital and Fidelity International Strategic Ventures. The company has 37 employees as of December 31, 2020. SteelEye offers products and services including Integrated Surveillance, Compliance CoPilot, and Archiving & Record Keeping. SteelEye operates in a competitive market with competitors including PayPal, Zscaler, Chainalysis, Synchrony and New York Life Insurance, among others.

  • Headquarter London, United Kingdom
  • Employees 37 as on 31 Dec, 2020
  • Founders Matthew Storey, Shankar Vasudevan, Chris Young, Matt Smith, David Haines
  • Sectors
    Industrial Goods & Manufacturing
    Financial Services Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Steeleye Limited
  • Date of Incorporation 24 Jan, 2017
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems
Financial Services → FinTech & Digital Finance
Technology → Enterprise Software & Productivity Solutions
Technology → Cybersecurity & Privacy Solutions
Key Metrics
  • Annual Revenue
    $5.91 M (USD)
    59
    as on Dec 31, 2022
  • Net Profit
    $-9.25 M (USD)
    -41
    as on Dec 31, 2022
  • EBITDA
    $-10.05 M (USD)
    -38
    as on Dec 31, 2022
  • Total Equity Funding
    $38.29 M (USD)

    in 3 rounds

  • Latest Funding Round
    $21 M (USD), Series B

    Sep 07, 2022

  • Investors
  • Employee Count
    37

    as on Dec 31, 2020

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Products & Services of SteelEye

SteelEye offers a comprehensive portfolio of products and services, including Integrated Surveillance, Compliance CoPilot, and Archiving & Record Keeping. 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.

Primary

Platform for oversight of trading and communications activities.

AI system to streamline compliance reviews and reduce inefficiencies.

Secure platform for storing and retrieving compliance data.

People of SteelEye
Headcount 50-200
Employee Profiles 53
Employee Profiles
People
Arjun Shivraj
Product Owner
People
John Higgins
Senior Solutions Engineer, Master-data Lead
People
Emmy Granström
Global Head of Marketing
People
Patrícia Lima
Python Developer | Data Intelligence Team Lead

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Funding Insights of SteelEye

SteelEye has successfully raised a total of $38.29M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $21 million completed in September 2022. 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 Rounds 3
  • Last Round Series B — $21.0M
  • First Round

    (22 Nov 2018)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2022 Amount Series B - SteelEye Valuation Ten Coves Capital
Feb, 2020 Amount Series A - SteelEye Valuation Eight Roads Ventures
Nov, 2018 Amount Seed - SteelEye Valuation Illuminate Financial
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in SteelEye

SteelEye has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Eight Roads Ventures, Ten Coves Capital and Fidelity International Strategic 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Fintech startups are funded by this venture capital firm.
Founded Year Domain Location
Venture capital is invested in fintech sectors by the firm.
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by SteelEye

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - SteelEye

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Steeleye Comparisons

Employees
+
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Competitors of SteelEye

SteelEye 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. 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
Online payment solutions are offered to consumers and businesses.
domain founded_year HQ Location
Cybersecurity and zero trust solutions are delivered for secure networks.
domain founded_year HQ Location
Blockchain data platform insights for cryptocurrency are delivered.
domain founded_year HQ Location
Synchrony is engaged in providing credit cards and banking services.
domain founded_year HQ Location
Mutual life insurance and asset management services are provided.
domain founded_year HQ Location
Hybrid cloud infrastructure solutions are delivered for business management.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Steeleye

Frequently Asked Questions about SteelEye

When was SteelEye founded?

SteelEye was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Where is SteelEye located?

SteelEye is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Who is the current CEO of SteelEye?

Matt Smith is the current CEO of SteelEye. They have also founded this company.

Is SteelEye a funded company?

SteelEye is a funded company, having raised a total of $38.29M across 3 funding rounds to date. The company's 1st funding round was a Seed of $7.29M, raised on Nov 22, 2018.

How many employees does SteelEye have?

As of Dec 31, 2020, the latest employee count at SteelEye is 37.

What is the annual revenue of SteelEye?

Annual revenue of SteelEye is $5.91M as on Dec 31, 2022.

What does SteelEye do?

SteelEye was founded in 2017 in London, United Kingdom, focusing on the financial technology sector. Regulatory intelligence solutions are offered through a cloud platform that utilizes encryption for secure data storage. Financial institutions are assisted in meeting compliance requirements by capturing, archiving, and monitoring transaction and execution data. Consolidated business insights are provided, enabling visualization and interpretation of activities across operations.

Who are the top competitors of SteelEye?

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

What products or services does SteelEye offer?

SteelEye offers Integrated Surveillance, Compliance CoPilot, and Archiving & Record Keeping.

Who are SteelEye's investors?

SteelEye has 5 investors. Key investors include Eight Roads Ventures, Ten Coves Capital, Fidelity International Strategic Ventures, Illuminate Financial, and Beacon Equity Partners.

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