£21.0M
The investment was led by Portage with participation from State Street, management, and existing shareholders.
ZILO
ZILO develops enterprise software for the asset and wealth management sector.
£71.0MTotal raised
ZILO builds software for asset and wealth management firms to replace legacy systems and modernise operations. The company provides cloud-based platforms designed for global custodians and fund managers.
Categories
Founders
PG
Philip Goffin
Founder and Chief Executive Officer
PG
Phil Goffin
Founder and CEO
Investors
- £21.0MState StreetFollow-on
- £25.0M
- £25.0M
Funding history
£25.0M
Zilo secured £25m in Series A funding from institutional backers to support its technology platform.
The oversubscribed round was backed by Fidelity International Strategic Ventures, Portage, State Street Corporation and Citi.
£25.0M
The oversubscribed round will support product development and international expansion for the asset management software provider.