News and Analysis

Fintech company Exabel raises third seed round

Exabel raises its third seed round, bringing the total amount raised by the European company to more than $12m. The funding was led by 17 existing and 11 new investors.

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Exabel, which provides an AI, analytics and data platform for active asset managers, said it has raised $3.6 million for its third seed round, bringing the total amount raised by the company to more than $12 million. The company said the funding was led by 17 existing and 11 new investors.

Previous investors in the company include Vatne Equity, Andenæsgruppen, Sanden, Melesio Capital, Axan Invest, First Partners Holding 5, Holta Invest and LT Invest. Exabel, founded in 2016, has offices in Oslo, Norway, and in London, and it is looking to build out in Europe and North America.

Source: Press release