Total amount raised
$516.3 Thousands
Latest funding date
2/1/2016
Location
Obsidian has successfully raised funding through multiple rounds, with its last funding type being a Seed round. The company has attracted six investors, including Force Over Mass Capital and Theo Osborne.
Keep reading to explore the intricacies of Obsidian's fundraising journey and the investors backing this innovative platform.
What Is Obsidian?
Obsidian, founded in 2013, is a cloud-based software company located in London, England. The company focuses on helping fund managers grow their business by optimizing their investor relations efforts.
Founded by Lazar Radenovic, Obsidian has developed a new portal framework for investment managers. Their flagship product, Obsidian Suite, helps fund managers build lasting investor relationships.
With a team of 11-50 employees, Obsidian continues to innovate in the asset management industry, providing essential tools for client data management and financial reporting.
How Much Funding Has Obsidian Raised?
- Seed Round
- Amount Raised: $16,500
- Date: July 2015
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To kickstart the development of their flagship product, Obsidian Suite.
- Seed Round
- Amount Raised: $500,000
- Date: February 2016
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand their product offering and meet the evolving needs of the asset management industry.
Total Amount Raised: $516,500. Current Valuation: Not publicly disclosed.
Key Investors
- Force Over Mass Capital
- Details: Force Over Mass Capital is a venture capital firm based in London. They focus on early-stage technology investments.
- Investment Focus Areas: FinTech, Artificial Intelligence, SaaS
- Notable Investments: Revolut, Onfido, Thought Machine
- Theo Osborne
- Details: Theo Osborne is a private investor with a background in finance and technology. He has been involved in several successful startups.
- Investment Focus Areas: Technology, Finance, Startups
- Notable Investments: Not publicly disclosed
- Experienced Institutional Investors in London
- Details: These investors are well-established institutions in the financial sector. They provide significant capital and strategic support.
- Investment Focus Areas: FinTech, Asset Management, Financial Services
- Notable Investments: Not publicly disclosed
- Private Investors in London
- Details: These are high-net-worth individuals with a keen interest in innovative financial technologies. They bring both capital and industry expertise.
- Investment Focus Areas: FinTech, Startups, Innovation
- Notable Investments: Not publicly disclosed
What's Next for Obsidian?
Obsidian stands at the cusp of significant growth, driven by the increasing demand for automated solutions in the asset management industry. With the backing of experienced investors, the company is well-positioned to expand its product offerings and meet the evolving needs of fund managers.
Future fundraising opportunities appear promising as Obsidian continues to innovate and enhance its platform. However, the company must navigate the challenges of adapting to constantly changing regulations and managing cost pressures while maintaining the intuitiveness and accessibility of its solutions.
Use Clay to Get Funding Data
Sales professionals, take advantage of Clay's platform to access comprehensive fundraising data on companies like Obsidian and gather other critical business insights.
Sign up for free on Clay and start leveraging these powerful tools today.
