BondIT

Company Overview

Snapshot

Founded in February 2015 by Etai Ravid, BondIT operates with 11–50 employees. The company has raised $32.72 million across 4 funding rounds from 5 investors.

Business overview

BondIT offers a scalable SaaS platform designed to digitize fixed income investing for financial institutions, asset managers, asset owners, insurance companies, and wealth managers. The platform leverages explainable artificial intelligence and machine learning to identify investment opportunities, build, and optimize fixed income portfolios with enhanced accuracy and speed. It also provides real-time quotes, market data, analytics, and trade execution capabilities, operating within the Fintech & Insurtech sector.

Strategic signal

In December 2023, Liquidnet integrated BondIT's AI-based Scorable Credit Analytics into its electronic trading offering, expanding its fixed income capabilities. This partnership signals BondIT's continued validation and adoption within the institutional trading landscape, demonstrating the market's demand for advanced AI-driven credit analysis tools to navigate attractive fixed income yields and identify trading opportunities.

Company Intelligence Q&A

What was a significant product launch involving BondIT in 2023?

In September 2023, BNY Mellon's Pershing launched BondWise, a fixed income research and trading tool, developed in collaboration with BondIT. This tool is available on its NetX360®+ platform, providing advisors with real-time access to market and pricing data for bonds and other fixed-income securities.

Which company partnered with BondIT to enhance its electronic trading offering?

In December 2023, Liquidnet partnered with BondIT to integrate BondIT's AI-based Scorable Credit Analytics into its platform, enhancing its fixed income electronic trading capabilities by providing investment firms with access to crucial credit data.

When did BondIT announce a strategic partnership with First Rate?

In June 2023, BondIT announced a strategic partnership with First Rate, a provider of wealth management solutions. This collaboration aims to deliver advanced Explainable AI (XAI) technology and an innovative API-driven client reporting tool to wealth management firms in the US market.

Which major financial institution led an investment round for BondIT in 2022?

In December 2022, BNY Mellon led a $14 million investment round for BondIT, a credit analytics and fixed income technology firm. BNY Mellon also took a seat on BondIT's board as part of this investment.

What acquisition did BondIT make in 2020?

In November 2020, BondIT acquired Scorable, a German startup specializing in AI-driven bond credit risk analysis. This acquisition, made through a stock swap valued at $12-16 million, aimed to create an integrated portfolio management and research solution for the fixed income market.