New York based complex investment analytics platform raised $15m in venture financing led by Citi, the Westly Group and Viola Fintech.
This round brings T-REX’s total funding to $30 million, including a $10 million Series C back in May. The company makes a SaaS platform that tracks complex investments across their life cycles, making it easier for investment banks, accounting firms, rating agencies, asset managers and project finance lenders to evaluate risk and communicate about investments. This is a big step away from the traditional, spreadsheet-based way of managing assets and tracking investments. T-REX’s website claims the tool is 4,300 times faster than Excel.