Banking Giants Morgan Stanley and UBS Back Israeli Fintech Unicorn Capitolis

Capitolis is an Israeli fintech startup and a unicorn, helping to create safer and more vibrant capital markets. The firm raised another $20 million in investment including $5 million each from new investors Morgan Stanley and UBS.

Capitolis joined the coveted unicorn club in March 2022 with a $1.6 billion valuation after a $110 million Series D round of investment co-led by top fintech investors Canapi Ventures, 9Yards Capital, and SVB Capital. A unicorn is a startup valued at $1 billion or more.

The transaction and its proceeds will be utilized to propel Capitolis’ expansion across its Capital Marketplace and Portfolio Optimization divisions. Leveraging a team of experienced financial and technology experts, and pioneering industry solutions, Capitolis has established itself as a strategic partner within the financial industry. Its distinctive approach of collaborating closely with clients to identify and address core optimization challenges positions it as a true differentiator.

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Capitolis, a leading fintech innovator recognized by CNBC, Euromoney, and Fast Company, is experiencing strong business momentum. As demand for its solutions grows, the company is seeing increased revenue, expanding network participation, and the launch of new products.

Founded in 2017 by CEO Gil Mandelzis, Tom Glocer, and Igor Teleshevsky, Capitolis has an SaaS platform that drives financial resource optimization for capital markets. Through collaborative technology, Capitolis helps clients eliminate unnecessary positions and find the most suitable party to hold the remaining positions – freeing up capital and removing barriers that would otherwise restrict trading. To date, Capitolis has eliminated trillions of dollars in overall positions for more than 100 financial institutions, including many of the top global and regional banks and leading buy-side firms.

Capitolis—which combines deep markets expertise with a Silicon Valley mindset—arms banks, asset managers and hedge funds across the market ecosystem with an innovative technology platform that allows them to free up capital and safely remove barriers that would otherwise restrict growth.

“Capitolis has been partnering closely with the industry to make the financial markets safer and stronger within a well-regulated system, and we have seen tremendous growth because of this,” said Gil Mandelzis, CEO and Founder of Capitolis. “Our partnership with the world’s leading banks over the last few years has been terrific and we are excited to expand these relationships as well as add more of the world’s foremost financial institutions as both investors and board members.”