ETFbook, a Zurich-based provider of data and analytics for the exchange-traded funds (ETF) market, has raised €4 million in a Series A funding round. The investment was led by BlackFin Capital Partners, marking the firm’s first external funding. The company, which operates in major European financial centers, has been expanding its client base since its launch in mid-2020. With this funding, ETFbook aims to enhance its platform, strengthen its team, and enter the US market by the end of the year.
Earlier reports on ETFbook highlighted its rapid growth within the European ETF landscape, emphasizing its role as a centralized data solution. Unlike previous updates that focused on its technological advancements, this funding round signals a shift toward global expansion and AI-driven product enhancements. BlackFin Capital Partners’ involvement also indicates a broader interest from institutional investors in ETF data solutions, underlining the increasing demand for sophisticated analytics tools in the sector.
How will the funding be used?
ETFbook plans to allocate the newly secured capital towards product development, expanding data coverage, and talent acquisition. The company aims to refine its analytics tools by integrating artificial intelligence to improve automation and provide predictive insights. Additionally, the funds will support its planned entry into the US market, extending its reach beyond Europe.
“This investment will accelerate the execution of our ambitious product roadmap and geographic expansion strategy, enabling ETFbook to better serve the ever-evolving data & analytics needs in the thriving ETF markets, globally,” said Pawel Janus, co-founder and CEO of ETFbook.
What does ETFbook offer to the market?
ETFbook provides institutional clients with a detailed data and analytics platform covering fund flows, product comparisons, and liquidity assessments. As the ETF market becomes more complex, the platform supports new issuers by generating portfolio composition files and facilitating real-time data access through web applications and APIs. The company serves a diverse client base, including ETF issuers, index providers, fund service firms, and market makers.
“ETFbook’s experienced team has developed a comprehensive platform that should be a valuable addition to every investor’s toolkit,” said ETF expert Arnaud Llinas, former head of Amundi ETFs and Lyxor ETFs.
BlackFin Capital Partners, the lead investor in this funding round, specializes in financial technology investments across Europe. With over €4.3 billion in assets under management, the firm has supported multiple fintech, insurtech, and regtech companies. ETFbook’s latest investment aligns with BlackFin’s focus on data-driven financial services, reinforcing its position in the ETF analytics space.
“We have been impressed by the robustness of ETFbook’s platform as well as its founding team’s execution capabilities,” said Romain Grimal, Senior Investment Manager at BlackFin Capital Partners.
ETFbook’s expansion reflects the growing demand for sophisticated ETF analytics amid an increasingly complex investment environment. With ETFs experiencing significant weekly launches and expanding asset classes, investors require centralized tools to track trends and compare performance. AI integration in financial data platforms is becoming more common, with firms like ETFbook using automation to enhance decision-making. As it prepares for US market entry, the company will likely face competition from established data providers, making its ability to differentiate through AI and comprehensive coverage a key factor in its success.
