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
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Sectors
Technology
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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
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Annual Revenue
$13.63 M (USD)34as on Dec 31, 2022
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Net Profit
$2.51 M (USD)48as on Dec 31, 2022
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EBITDA
$2.51 M (USD)137as on Dec 31, 2022
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Total Equity Funding
$10.88 M (USD)
in 6 rounds
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Latest Funding Round
$1.95 M (USD), Series A
Oct 27, 2020
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Investors
Nucleus Financial
& 1 more
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Employee Count
62
as on Dec 31, 2021
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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.
App for quick access to client investments on iOS and Android.
Platform providing CRM and reporting for wealth management.
API for accessing services from client-facing interfaces.
People of Third Financial
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series A — $2.0M
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First Round
First Round
(30 Jan 2009)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2020 | Amount | Series A - Third Financial | Valuation | Grafton Capital |
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| Sep, 2019 | Amount | Series A - Third Financial | Valuation |
investors |
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| Nov, 2017 | Amount | Series A - Third Financial | Valuation |
investors |
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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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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VC & PE firm focused on technology companies
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Founded Year | Domain | Location | |
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Portfolio management solutions are offered to financial advisors.
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Founded Year | Domain | Location |
Investments & Acquisitions by Third Financial
Financial Statements - Third Financial
Third Financial Comparisons
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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Wealth management solutions are delivered for investment advisors.
|
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| domain | founded_year | HQ Location |
Wealth and investment management solutions are offered to institutional investors.
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| domain | founded_year | HQ Location |
Cloud-based solutions for financial institutions are provided by Avaloq.
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| domain | founded_year | HQ Location |
Asset and wealth management software is provided for businesses.
|
|
| domain | founded_year | HQ Location |
Digital private wealth management platform for individuals
|
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| domain | founded_year | HQ Location |
Cloud-based solutions are offered for wealth management and financial advising.
|
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. The company's 1st funding round was a Series A of $987.6K, raised on Jan 30, 2009.
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.