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Landytech Secures $12 Million Series B

Landytech, the company that owns the leading investment reporting platform Sesame, reported receiving an investment of $12 million following the results of the Series B financing round.

Landytech Secures $12 Million Series B

Source: Pixabay.com

The company received the bulk of financing from Aquiline Technology Growth (ATG). Also, a regular investor of the firm Adelie Capital took part in the financing round.

The new capital raising is a continuation of $6 million Series A funding in March 2021. This indicates the rapid growth of the company, which is likely to continue in the foreseeable future.

The increase in the financial base will allow Landytech to step up the implementation of its intentions to expand activities at the international level. Also, as part of the mastering of investments, the company will create new products.

Currently, Landytech’s customer base consists of residents from more than 15 countries.

The Sesame platform allows clients to optimize reporting processes and make informed decisions about the application of investments using a complete set of data, analytics, and reporting tools. Companies have the opportunity to seamlessly consolidate investment data on public and private assets, combining them on one platform.

The intuitive Sesame report builder allows you to save time and implement investment plans in complex distributions and structures of enterprises with the help of fully customizable and template reports.

Benjamin Mote, CEO and founder of Landytech, stated that the company was created to revolutionize the way financial resource owners, investment managers, and consultants access asset information. He called the new financing a confirmation of the partners’ confidence in the firm’s market activity strategy.

The decision to cooperate with Aquiline, according to Benjamin Moore, was made because of the company’s unsurpassed experience at the intersection of financial services and technology.

As we have reported earlier, Highbeam Raises $10 Million to Expand Cash Management Platform.

Serhii Mikhailov

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Serhii’s track record of study and work spans six years at the Faculty of Philology and eight years in the media, during which he has developed a deep understanding of various aspects of the industry and honed his writing skills; his areas of expertise include fintech, payments, cryptocurrency, and financial services, and he is constantly keeping a close eye on the latest developments and innovations in these fields, as he believes that they will have a significant impact on the future direction of the economy as a whole.