Capitolis Announces $220 Million in Financing, Including $120 Million Series E at $1.9 Billion Valuation

Capitolis Announces $220 Million in Financing, Including $120 Million Series E at $1.9 Billion Valuation

Client News
Capitolis, the financial technology company, announced the successful completion of $220 million of financing. The financing comprised a $120 million Series E equity financing round at a $1.9 billion valuation, as well as debt. Participants in the Series E financing included a consortium of eight banks, as well as other new and existing investors. The debt financing will be provided by First Citizens Innovation Banking (formerly Silicon Valley Bank), Hercules Capital, and Pinegrove Venture Partners.

The financing will support Capitolis' acquisition of eSecLending, adding securities lending to its financial resource optimization platform and expanding access to a network of institutional asset owners, further strengthening the foundation for future innovation.

WilmerHale served as legal advisor to Capitolis in the financing.

The WilmerHale team conducting the Series E financing was led by Lisa Firenze and Avery Reaves and included Michaela Rosen and Brandon Hornlein, and the Debt financing team was led by Brandt Tierney and included Alex Dean and Madeline Simpson.

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