Observed Signal · Sep 16, 2026 · Funding · Source: Trending Topics (DACH/CEE Innovation & Tech) · Impact: 1/5 · Sentiment: Positive
ETFBOOK Raises $13 Million for Global Expansion
ETFBOOK (SquaredData AG), a Zürich-based provider of ETF data and analytics, has raised $13 million in a funding round led by Expedition Growth Capital, with participation from existing investor BlackFin Capital Partners. The funds will be used to expand the platform from Europe into the US and Asia-Pacific, enhance data coverage, strengthen its web application, and integrate AI capabilities. The company addresses fragmented and error-prone ETF data infrastructure by providing a centralized, harmonized data layer for ETF issuers, fund managers, market makers, and institutional investors. With over 70 enterprise clients in EMEA and annual recurring revenue growing over 100%, ETFBOOK plans to establish a US entity and New York office, a Hong Kong team, and add staff at its Kraków office. Steve Twomey of Expedition Growth Capital will join the board to support US market entry.
Funding news for a niche fintech data platform; moderate relevance to AdTech/MarTech.
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Key Takeaways & Evidence Grounding
- ETFBOOK raised $13 million in a funding round. The round was led by Expedition Growth Capital with participation from BlackFin Capital Partners.
- ETFBOOK plans to expand into the US and Asia-Pacific, including establishing a US entity and New York office, plus a Hong Kong team.
- ETFBOOK provides standardized ETF data and analytics, with over 70 enterprise customers in the EMEA region.
- The funding will support enhancing data coverage, integrating AI capabilities, and strengthening teams in Kraków and New York.
- Steve Twomey of Expedition Growth Capital joins ETFBOOK's board.
Ontology Mapping & Concepts
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