Third Financial

London, United Kingdom Founded: 2007 • Age: 19 yrs Acquired By Nucleus Financial
Software solutions for wealth and investment managers are provided.
Annual revenue $13.6M Latest available
Total funding $10.9M 6 rounds
Employees 62 Tracked headcount
Investors 2 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About Third Financial

Third Financial is a company based in London (United Kingdom) founded in 2007 was acquired by Nucleus Financial in February 2024. Third Financial has raised $10.88 million across 6 funding rounds from investors including Nucleus Financial and Grafton Capital. The company has 62 employees as of December 31, 2021. Third Financial offers products and services including Mobile App, Investment Platform, and API Services. Third Financial operates in a competitive market with competitors including Addepar, sei, Avaloq, 360 One and Centricity, among others.

  • Headquarter London, United Kingdom
  • Employees 62 as on 31 Dec, 2021
  • Stage Minicorn
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Third Financial Software Limited
  • Date of Incorporation 07 Dec, 2007
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $13.63 M (USD)
    34
    as on Dec 31, 2022
  • Net Profit
    $2.51 M (USD)
    48
    as on Dec 31, 2022
  • EBITDA
    $2.51 M (USD)
    137
    as on Dec 31, 2022
  • Total Equity Funding
    $10.88 M (USD)

    in 6 rounds

  • Latest Funding Round
    $1.95 M (USD), Series A

    Oct 27, 2020

  • Investors
  • Employee Count
    62

    as on Dec 31, 2021

  • Acquired by
    Nucleus Financial

    (Feb 09, 2024)

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Products & Services of Third Financial

Third Financial offers a comprehensive portfolio of products and services, including Mobile App, Investment Platform, and API Services.

Product name locked
Category locked
Primary

App for quick access to client investments on iOS and Android.

Product name locked
Category locked
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Platform providing CRM and reporting for wealth management.

Product name locked
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API for accessing services from client-facing interfaces.

People of Third Financial

Headcount 50-200
Employee Profiles 12
Employee Profiles
People
Jack Wynn
Head, Regulated Operations
People
Michael Scott
CFO
People
Emma Cooper
Customer Support Manager
People
Jamie Hutchinson
Cloud Infrastructure Engineer

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Funding Insights of Third Financial

Third Financial has successfully raised a total of $10.88M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $1.95 million completed in October 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 Third Financial

Third Financial has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Nucleus Financial and Grafton Capital.

All
Venture Fund
Investor Description Founded Year Domain Location
VC & PE firm focused on technology companies
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Portfolio management solutions are offered to financial advisors.
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Investor details for Third Financial

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Investments & Acquisitions by Third Financial

Investments
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Investment portfolio details for Third Financial

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Financial Statements - Third Financial

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Detailed financials for Third Financial

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Third Financial Comparisons

Third Financial Primary company
Description
Software solutions for wealth and investment managers are pr...
Location
London, United Kingdom
Founded Year
2007
Annual Revenue
$13.63 M (USD)
Net Profit
$2.51 M (USD)
EBITDA
$2.51 M (USD)
Employees
62
As of 2021
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Peer comparison for Third Financial

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Competitors of Third Financial

Third Financial 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 Addepar, sei, Avaloq, 360 One and Centricity, among others.

Company Name Domain Founded year HQ Location Description
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Wealth management solutions are delivered for investment advisors.
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Wealth and investment management solutions are offered to institutional investors.
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Cloud-based solutions for financial institutions are provided by Avaloq.
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Asset and wealth management software is provided for businesses.
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Digital private wealth management platform for individuals
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Cloud-based solutions are offered for wealth management and financial advising.
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Detailed competitors of Third Financial

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Latest news on Third Financial

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Complete news archive for Third Financial

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Frequently Asked Questions about Third Financial

Third Financial was founded in 2007 and raised its 1st funding round 2 years after it was founded.

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

Third Financial is a funded company, having raised a total of $10.88M across 6 funding rounds to date.

As of Dec 31, 2021, the latest employee count at Third Financial is 62.

Annual revenue of Third Financial is $13.63M as on Dec 31, 2022.

Third Financial provides software solutions for wealth and investment managers. It offers solutions such as Tercero software, an operations management solution for investment management firms; Tercero Digital Wealth, a client-facing web platform for connecting investment firms with the clients; Tercero Platform, custody, clearing, and administration service solution; and more.

Third Financial's top competitors include Addepar, Delta Capita and sei.

Third Financial offers Mobile App, Investment Platform, and API Services.

Third Financial has 2 investors. Key investors include Nucleus Financial, and Grafton Capital.

The valuation of Third Financial is $13.4M as of Sep 2019.

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