Trade surveillance fintech Eventus secures $30m Series B funding

Trade surveillance and transaction monitoring platform provider Eventus has closed a $30 million Series B funding round.

Eventus CEO Travis Schwab

The round, led by growth equity fund Centana Growth Partners, saw participation from DRW VC and existing investors such as Jump Capital, which invests in the DeFi and crypto sectors.

Centana partner Ben Cukier has also joined Eventus’ board of directors.

The firm has now raised $48.5 million to date, including $10.5 million from a Series A growth capital funding round in February 2020, led by Jump Capital and LiveOak Venture Partners.

Eventus will spend the cash on scaling the organisation by growing its sales, product and engineering teams and expanding its flagship Validus platform.

It also plans to introduce new products focusing on different asset classes and incorporate financial risk applications into the Validus platform.

Eventus CEO Travis Schwab says the Texas-based firm has quadrupled its workforce since its Series A funding round.

“This new investment positions us to achieve our ambitious plans for further growth and penetration into new markets, as well as our never-ending quest for delivering market-leading solutions and support across the capital markets ecosystem,” Schwab adds.

Source: https://www.fintechfutures.com/2021/09/trade-surveillance-fintech-eventus-secures-30m-series-b-funding/

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