London based Fintech Landytech Secures $6M in Funding

Landytech is pleased to announce the completion of its Series A funding of $6m.

The funding has been “raised primarily from Adelie Capital and Greenwood Way Capital, a number of family offices and financial influencers also participated in the funding round.”

Landytech is a fintech start up, “based in London, that began in 2019 with a mission to empower asset owners, asset managers and advisors by transforming their access to investment information with intelligent, easy to use tools ultimately delivering the single source of truth for investment decision making.”

Landytech have “developed Sesame©, a next-generation software platform for investment reporting and risk analytics that is used by family offices, asset managers and fiduciaries.”

Sesame centralizes all investment data “from any source and any asset type.”

Sesame provides easy navigation “into the complexities of investment portfolios with sophisticated analysis, on-demand custom reports and critical alerts on any limits to enable better and more informed investment decision making.”

As a result of the new funding, Landytech have “created a new Board led by Chairman Michael Dobson, Chairman of Schroders and former CEO for 16 years.”

He is joined by Jean-Manuel Costa who “represents Adelie Capital and minority investors.”

Landytech CEO Benjamin Moute and Gregory Chouette COO “complete the composition of the Board.”

Landytech currently “has 55 staff with plans to double in size over the next 12 months.”

Benjamin Moute, CEO commented

This is a major achievement in the development of our company. Our Investors share our commitment to empower asset owners, managers, and advisors by delivering a more enriched experience for managing their investments and making decisions on one single version of the truth. This investment will support our aggressive growth plans to become the vendor of choice for investment reporting and analytics in our target markets.”

Jean-Manuel Costa, Managing Partner of Adelie Capital commented:

“We have been impressed by the vision and passion of the founders of Landytech and the rapid progress they have made in their short time of operation. We believe asset owners, managers and advisors deserve an easier process for managing their investments and the Landytech proposition does just that. The focus on developing an extensive range of interfaces to source data for investment portfolios together with the comprehensive analytics and real time reporting makes them unique in the market. We are excited to be able to support Landytech in their next chapter of growth.”

As noted in the update, Landytech is a software company “developing innovative software solutions to empower asset owners, managers, and advisors to make well informed investment decisions.”

Sesame, their investment management platform, “provides sourcing, analysis and reporting for any investment portfolios and holdings.”

As mentioned in the announcement, Adelie is a Paris & London based venture capital fund launched in 2019 “to finance fast growing technology companies across Europe with a focus on Series A & B.”

The fund “benefits from a large base of experienced entrepreneur investors and a partnership with Clipperton, a pan-European tech investment banking platform.”

Investments from the team “include: Advens, AramisAuto, Botify, Fenergo, Glovo, Leetchi, Odoo, Sendinblue, Teads, Thirdbridge, Withings.”

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