New York City fintech startup Capital Markets Gateway (CMG) raised a $25 million round to fuel growth of its tech platform that helps streamline the equity capital markets deal flow process.
Barclays, Citi, Fidelity Investments, Goldman Sachs, J.P. Morgan, and Morgan Stanley invested, in addition to existing investors including Canaccord Genuity, Franklin Templeton, Shea Ventures, and Seattle-based firm StageDotO.
CMG provides workflow and real-time data analytics tools that digitize capital raising for deals such as IPOs and follow-on offerings.
The 35-person company has a Seattle office with about 10 workers, including former Microsoft employees. The Seattle region has a growing cohort of fintech startups, and firms such as Madrona Venture Group are making an effort to expand Seattle as a fintech hub.
