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§ Private Profile · New York City, NY, USA
Financial technology company offering Capital Marketplace & Portfolio Optimization for banks and institutional investors.
Based in New York, New York, Capitolis is a financial technology company that develops software to unlock capital constraints and optimize balance sheets for global banks and institutional investors. The firm operates a proprietary capital marketplace that facilitates access to diversified funding while offering portfolio optimization tools designed to reduce regulatory capital requirements by systematically offsetting trading positions. Operating within the broader capital markets sector, the enterprise currently provides its technology infrastructure to a customer base comprising over 100 of the world's largest financial institutions. The organization maintains a global workforce of more than 200 employees and is guided by an executive leadership team featuring industry veterans like Richard McDonald, who previously served at the electronic bond trading platform MarketAxess. Capitolis was officially established in 2017 by co-founders Gil Mandelzis and Tom Glocer.
Capitolis has raised $381.0M across 8 funding rounds.
Capitolis has raised $381.0M in total across 8 funding rounds.
Capitolis has raised $381.0M across 8 funding rounds. Most recently, it raised $56.0M Other Equity in August 2025.
Capitolis is a financial technology (fintech) company founded in 2017 that builds a B2B platform to unlock capital constraints in global capital markets, enabling banks and institutional investors to access diversified capital more efficiently.[1][2][3][4] It offers solutions like the Capital Marketplace, which connects banks with scalable origination capabilities to institutional investors, and Portfolio Optimization, which reduces risk and capital requirements by offsetting redundant positions across counterparties.[3][4] Serving global and regional banks, hedge funds, asset managers, and over 100 leading financial institutions, Capitolis solves inefficiencies exposed by events like the global financial crisis, such as risk concentration and limited capital access, while promoting safer, more transparent markets through regulatory-compliant innovation.[1][2][5] The company has demonstrated strong growth, facilitating over $60 billion in financing shortly after launch, raising $280 million at a $1.6 billion valuation, and expanding rapidly with offices in New York, London, and Tel Aviv.[1][2]
Capitolis was founded in 2017 by Gil Mandelzis, a serial entrepreneur and current CEO, who previously led EBS BrokerTec (NEX Group's FX and fixed income business) and founded Traiana, a post-trade processing firm acquired by ICAP for $250 million in 2007.[1][3] Drawing from decades of experience in financial services technology, the team identified capital market inefficiencies—such as banks' risk exposure and investors' limited access—exacerbated by the global financial crisis, leading to the creation of tailored optimization solutions.[2][5] Early traction was swift: just two years post-launch, Capitolis facilitated over $60 billion in financing with leading banks and 50+ institutional investors; by 2022, two-thirds of the world's largest global banks used its tech for balance-sheet compression, with 50% headcount growth.[2] Backed by top venture capital firms and global banks, the company has scaled globally from its New York HQ.[1][2][3]
Capitolis stands out in fintech through these key strengths:
Capitolis rides the fintech wave addressing capital market inefficiencies, particularly post-financial crisis risks like balance-sheet constraints and siloed liquidity, amplified by rising regulatory demands for transparency and efficiency.[1][2][5] Timing is ideal amid global economic pressures—e.g., 2022 bank participation in its solutions—where tech enables collaborative ecosystems over fragmented markets.[2] Market forces like institutional demand for diversified, low-risk investments and banks' need for capital optimization favor its growth, blending AI-driven tech with domain expertise to enhance systemic safety.[1][4] It influences the ecosystem by pioneering portfolio tools that unite originators and investors, setting standards for safer markets and inspiring B2B fintech models.[2][3][5]
Capitolis is poised for continued exponential growth as capital markets demand more efficient, tech-enabled risk management amid volatile global conditions. Expect expansion of its Novations and Capital Marketplace to capture larger shares of FX, fixed income, and beyond, potentially surpassing its $1.6B valuation through deeper bank integrations and new investor networks.[2][4][5] Trends like AI-optimized trading, stricter regulations, and decentralized finance will shape its path, amplifying its role in resilient markets. As a leader transforming constraints into opportunities, Capitolis exemplifies how fintech unlocks prosperity for all market participants, echoing its mission to make financial systems work better for everyone.[1][3]
Capitolis has raised $381.0M in total across 8 funding rounds.
Capitolis's investors include Theo Osborne, Kester Keating, Junaid Baig, Citi, Shay Grinfeld, Matthew Franklin-Lyons, Morgan Stanley, State Street, UBS, 9Yards Capital, Andreessen Horowitz, Citi Ventures.