Irwin, a software developer for the capital markets, has closed its Series A round on $20m, which will support the expansion of its services.
K1 Investment Management served as the lead investor to the round.
Proceeds from the round will be used scale its global team and operations, as the demand for investor relation and capital market software continues to rise. The FinTech company will also bolster support for its customers and partners.
Other plans for the capital include expanding into new markets and extending its product reach to new customer segments.
Irwin offers an all-in-one software solution that monitors buying and selling activity within any shareholder base. It also identifies and connects capital seekers with investors using high-quality data and insights.
The CRM solution also gives users a centralised system to track investor relation engagements and help automate workflows.
Irwin COO and Co-Founder Mark Fasken said, “Client trust was integral to Irwin’s early success. We have a very loyal customer base because clients know our team will work tirelessly to ensure we solve their unique challenges.
“This injection of funds will allow us to accelerate the rate at which we respond to client feedback, adjust and build new features. Our focus will remain on offering best-in-class solutions and support as we continue to scale our team and product rapidly.”
The FinTech company recently signed a strategic partnership with Investis Digital to provide clients with resources to enhance their online presence through websites, virtual events and more.
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