OpenFin lands $35m in Series D funding
US-based workspace management and workflow automation start-up, OpenFin, has secured $35 million in a Series D funding round led by Bank of America.
The round also saw “significant” participation from Pivot Investment Partners and ING Ventures, as well as additional investors including CME Ventures, CTC Venture Capital, SC Ventures and Tribeca Early Stage Partners.
Founded in 2010 and headquartered in New York, with offices in London and a presence in Hong Kong and Singapore, OpenFin provides workspace platforms to financial services firms to help their employees work more efficiently.
It claims its operating system is used at more than 3,800 banks, wealth, and asset management firms in more than 60 countries.
The latest funding follows on from a $10 million investment from ING Ventures and a strategic investment and partnership with In-Q-Tel (IQT) in November 2022.
“OpenFin Workspace is empowering financial institutions to transform experience for their employees and their customers, replacing traditional browsers with an enterprise browser designed for work,” says Mazy Dar, CEO of OpenFin.
The new funding will be used to accelerate the adoption of OpenFin’s software across the financial services industry.