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BORN is a digital innovation agency that develops technology solutions and interactive digital experiences for consumer brands across various global markets. The organization currently operates as a dedicated subsidiary of Tech Mahindra following its formal acquisition by the multinational technology enterprise in 2019. The agency provides comprehensive digital services and custom project development for major enterprise clients and recognizable corporate partners, including Oreo and SAP. As part of its digital service offerings, the firm has received notable industry recognition, winning four Webby Awards in 2021 and securing twelve dotCOMM Awards in 2022. The executive leadership team managing these operations includes Global Head of Born XDS Scott Sorokin, Chief Creative Officer Mark Allardice, and Chief Financial Officer Bharat Dasari. While the exact founding year remains undisclosed in public records, the agency was originally established by founder Dilip Keshu.
BORN has raised $23.0M across 3 funding rounds.
BORN has raised $23.0M in total across 3 funding rounds.
# BORN: A Technology Company Overview
There are multiple companies operating under the "BORN" name in different sectors. The most prominent are Born Technology (BornTec), a capital markets technology infrastructure provider founded in 2002, and BORN Group, a digital agency acquired by Tech Mahindra in 2019. This analysis focuses on Born Technology, the financial services technology company.
Born Technology (BornTec) is a software solutions and technology infrastructure provider for the capital markets that helps financial institutions harness trading data for compliance, surveillance, and reporting.[5] The company serves banks, hedge funds, asset managers, and proprietary trading firms with solutions that reduce latency in order execution and provide regulatory compliance capabilities.[2]
BornTec's flagship product, CrossCheck 2 (CC2), is a trade data integration platform that consolidates financial information from multiple sources into a centralized data warehouse, enabling real-time analysis for trade surveillance, audit trail reporting, and market abuse monitoring.[5] The company operates as a vendor-neutral, independent proprietor with no trading or brokering operations, positioning itself as a pure technology infrastructure provider rather than a market participant.[2]
Founded in 2002 in Chicago by Buck Haworth (Founder & CFO) and Derek Haworth (CEO), BornTec was among the first companies to provide dedicated trading technology services to banks, hedge funds, and professional trading groups.[2] The company initially operated under the name Born Capital before rebranding to Born Technology and later BornTec as it evolved its product focus.
The founding team recruited experienced professionals from independent software vendors (ISVs), futures commission merchants (FCMs), and exchanges, assembling a team with over 30 years of combined experience in managing electronic trading infrastructures.[2] This deep domain expertise in financial markets technology became foundational to the company's credibility and service quality.
BornTec operates at the intersection of two powerful trends: regulatory intensification in financial markets and the shift toward cloud-based infrastructure. As regulators worldwide have tightened requirements around trade surveillance, audit trails, and market abuse detection, demand for specialized compliance technology has grown substantially. The company's positioning as a managed service provider aligns with the broader industry migration from on-premise systems to hosted infrastructure.
The company also benefits from the ongoing consolidation and complexity of global trading venues. As financial institutions execute across multiple exchanges and asset classes—futures, options, OTC swaps, and more—the need for unified data integration and monitoring platforms becomes more acute.[1] BornTec's multi-asset, multi-venue approach addresses this fragmentation.
BornTec remains a specialized, capital-markets-focused infrastructure provider with a small but experienced team (approximately 20 employees) and modest revenue (under $5 million).[2][5] The company's recent strategic partnership with CapitalMarkets.Technology and expansion of its sales team suggest efforts to scale beyond its traditional North American base.[5]
The company's future trajectory will likely depend on its ability to modernize its platform for cloud-native architectures while maintaining the low-latency performance that trading firms demand. As regulatory requirements continue to evolve—particularly around market surveillance and algorithmic trading oversight—BornTec's compliance-focused product suite positions it to capture demand from institutions seeking to automate complex reporting workflows. However, competition from larger financial technology vendors and the consolidation pressures facing niche infrastructure providers will shape whether BornTec remains independent or becomes an acquisition target for a larger fintech or exchange operator.
BORN has raised $23.0M across 3 funding rounds. Most recently, it raised $15.0M Series A in September 2025.
BORN has raised $23.0M in total across 3 funding rounds.
BORN's investors include Accel, Plug & Play Ventures, Yang Zou, Laton Ventures, Tencent, Luca Bocchio, Ilkka Paananen, Johannes Heinze, Lior Shiff, Riccardo Zacconi, Scooter Braun, Julien Bek.
