BondIT Overview
BondIT offers a scalable SaaS platform that enables financial institutions, asset managers, asset owners, insurance companies, and wealth managers to fully digitize fixed income investing. By combining explainable artificial intelligence and machine learning, BondIT aims to help clients identify investment opportunities ahead of the market and build and optimize fixed income investment portfolios quickly and with greater accuracy than existing systems. BondIT also provides real-time quotes, market data, and analytics and enables its users to execute trades.
Cumulative Funding Raised Over Time ($)
$14.0MDec 2022
$14.0MJul 2015
$14.0MMay 2022
$14.5MOct 2016
$32.7MOct 2017
Latest News
growth-positive
Liquidnet enhances electronic trading offering with bondIT credit analytics integration - The TRADE
Liquidnet has partnered with fintech firm bondIT to expand its fixed income electronic trading capabilities. The partnership will integrate bondITs AI-based Scorable Credit Analytics into Liquidnets platform, providing investment firms with access to crucial credit data. The analytics tool uses machine learning to anticipate credit spreads and ratings, and identify future trading opportunities. The integration comes at a time when yields have become more attractive in fixed income due to the current rates environment, sparking renewed interest in the asset class.
PartnersExpand
growth-positive
BNY Mellon's Pershing Debuts BondWise, an Innovative Fixed Income Research and Trading Tool
BNY Mellons Pershing has launched BondWise, a fixed income research, management and trading tool available on its NetX360®+ platform. The tool was developed in collaboration with bondIT, a fintech company that uses data science, AI and machine learning technologies to create tools for the fixed income market. BondWise enables advisors to research and trade bonds and other fixed-income securities in real time, providing instant access to market and pricing data. BNY Mellon led a capital round that raised $14M for bondIT.
PartnersInvestment
growth-positive
First Rate and bondIT Announce Strategic Partnership to Provide AI-Driven Fixed Income Analysis and Reporting Solutinos for the US Wealth Market
First Rate, a provider of wealth management solutions, and bondIT, a provider of next-generation investment technology, have announced a partnership to provide advanced Explainable AI (XAI) technology and an innovative API-driven client reporting tool to wealth management firms. The partnership aims to facilitate better investment decision making and enhance transparency. bondIT’s Scorable solution uses Machine Learning and Explainable AI to turn data into actionable insights and helps firms anticipate critical bond rating changes. First Rate’s AI-driven reporting tool allows wealth managers to customize their client reports by integrating Scorable’s Explainable AI technology.
Partners
growth-positive
BNY Mellon invests in fixed income tech firm bondIT
BNY Mellon has led a $14 million investment round for BondIT, a credit analytics and fixed income technology firm. BondIT uses machine learning and Explainable-AI to digitize fixed investment, automating and optimizing portfolio construction, management, and research. The technology allows fixed income investors to create credit and yield-optimized portfolios based on data-driven analytics in minutes. The investment comes a year after BondIT participated in BNY Mellons accelerator program. BNY Mellon will also take a place on the BondIT board.
InvestmentPartners
growth-positive
BondIT raises $14M for development of investment technologies in bonds | CTech
Israeli fintech company BondIT has raised $14 million in a Series C round led by Bank of New York Mellon and existing investors. The investment will allow BondIT to develop new solutions and add products and services to its bond investment technology. BondITs system uses artificial intelligence to analyze market data and enables institutional entities to automatically manage their clients bond portfolios. The company was founded in 2015 and has raised a total of $32 million to date.
Investment
| Sector | Fintech & Insurtech |
Funding
| Total funding | $32.72M |
| Last funding | $14M |
| Stage | A |
| Rounds | 5 |
| Investors | 6 |
Team Members
4
Employees: 11-50
Web & Social Links
| Website | bonditglobal.com |
| Careers | Careers page |
Locations
Abba Eban Blvd 16, Herzliya, Israel
295 Madison Ave, New York, NY 10017, USA
Berlin, Germany
Photos & Videos
No files yet
BondIT Business
Business models
B2B
Product stage
Released
Employees
11-50
Sector
Fintech & InsurtechTrading & InvestingTarget Customer
Financial ServicesInvestment & Portfolio ManagementCustodianFund ManagementFinancial ProductsCreditFinancial InstitutionsComplianceBanksBrokerageCore Technology
Artificial IntelligenceDeep LearningMachine LearningNatural Language ProcessingPlatforms & InterfacesSoftwareWebAPIData StorageCloudTags (17)
banksmachine-learningsaasbig-data-analyticsfintechinvestmentsasset-managementtradingenterprise-solutionsfinancial-institutionsinsurance-companiesfinancial-servicesartificial-intelligencealgorithmsportfolio-managementinvestorstrading-and-investingSolutions
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{"title":"Financial Services","description":"BondIT provides an AI-powered fixed income portfolio management platform for financial institutions, offering tools for portfolio construction, optimization, analytics, and trading to enhance efficiency and performance.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":4,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Customer Acquisition","value":3,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Risk Mitigation","value":4,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Talent Development","value":3,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
Use Cases
For Insurers For Asset & Portfolio Managers For Wealth ManagersFor Asset Owners For Financial InstitutionsGeographic Markets
GlobalJapanWestern EuropeNorth AmericaAmericasEastern EuropeEuropeSouthern EuropeAustraliaNorthern EuropeBondIT Financials
$32.72M
Total funding
Undisclosed
Capital raised
$14M
Last funding
A
Funding stage
5
Total rounds
6
Investors
Cumulative Funding Raised Over Time ($)
$14.0MDec 2022
$14.0MJul 2015
$14.0MMay 2022
$14.5MOct 2016
$32.7MOct 2017
Private Equity Funding
Undisclosed Round
Dec 2022
$14M
BNY Mellon (Lead)
,
Talanx
Equity crowdfunding
May 2022
Undisclosed
Together We Invest
A Round
Oct 2017
$18.2M
Fosun Pharma (Lead)
Seed
Oct 2016
$500K
SixThirty
Pre-Seed
Jul 2015
$16.25K
Startupbootcamp Smart City & IoT Amsterdam
Mergers & Acquisitions
MNAEvent
Nov 2020
Undisclosed
BondIT Lifecycle
Cumulative Funding Raised Over Time
$14.0MDec 2022
$14.0MJul 2015
$14.0MMay 2022
$14.5MOct 2016
$32.7MOct 2017
All Events
Undisclosed Round
Dec 2022
$14M
BNY Mellon (Lead)
,
Talanx
Equity crowdfunding
May 2022
Undisclosed
Together We Invest
A Round
Oct 2017
$18.2M
Fosun Pharma (Lead)
Seed
Oct 2016
$500K
SixThirty
Pre-Seed
Jul 2015
$16.25K
Startupbootcamp Smart City & IoT Amsterdam
MNAEvent
Nov 2020
Undisclosed
BondIT News
14 articles
growth-positive
Liquidnet enhances electronic trading offering with bondIT credit analytics integration - The TRADE
Liquidnet has partnered with fintech firm bondIT to expand its fixed income electronic trading capabilities. The partnership will integrate bondITs AI-based Scorable Credit Analytics into Liquidnets platform, providing investment firms with access to crucial credit data. The analytics tool uses machine learning to anticipate credit spreads and ratings, and identify future trading opportunities. The integration comes at a time when yields have become more attractive in fixed income due to the current rates environment, sparking renewed interest in the asset class.
PartnersExpand
growth-positive
BNY Mellon's Pershing Debuts BondWise, an Innovative Fixed Income Research and Trading Tool
BNY Mellons Pershing has launched BondWise, a fixed income research, management and trading tool available on its NetX360®+ platform. The tool was developed in collaboration with bondIT, a fintech company that uses data science, AI and machine learning technologies to create tools for the fixed income market. BondWise enables advisors to research and trade bonds and other fixed-income securities in real time, providing instant access to market and pricing data. BNY Mellon led a capital round that raised $14M for bondIT.
PartnersInvestment
growth-positive
First Rate and bondIT Announce Strategic Partnership to Provide AI-Driven Fixed Income Analysis and Reporting Solutinos for the US Wealth Market
First Rate, a provider of wealth management solutions, and bondIT, a provider of next-generation investment technology, have announced a partnership to provide advanced Explainable AI (XAI) technology and an innovative API-driven client reporting tool to wealth management firms. The partnership aims to facilitate better investment decision making and enhance transparency. bondIT’s Scorable solution uses Machine Learning and Explainable AI to turn data into actionable insights and helps firms anticipate critical bond rating changes. First Rate’s AI-driven reporting tool allows wealth managers to customize their client reports by integrating Scorable’s Explainable AI technology.
Partners
growth-positive
BNY Mellon invests in fixed income tech firm bondIT
BNY Mellon has led a $14 million investment round for BondIT, a credit analytics and fixed income technology firm. BondIT uses machine learning and Explainable-AI to digitize fixed investment, automating and optimizing portfolio construction, management, and research. The technology allows fixed income investors to create credit and yield-optimized portfolios based on data-driven analytics in minutes. The investment comes a year after BondIT participated in BNY Mellons accelerator program. BNY Mellon will also take a place on the BondIT board.
InvestmentPartners
growth-positive
BondIT raises $14M for development of investment technologies in bonds | CTech
Israeli fintech company BondIT has raised $14 million in a Series C round led by Bank of New York Mellon and existing investors. The investment will allow BondIT to develop new solutions and add products and services to its bond investment technology. BondITs system uses artificial intelligence to analyze market data and enables institutional entities to automatically manage their clients bond portfolios. The company was founded in 2015 and has raised a total of $32 million to date.
Investment
growth-positive
28 Most Innovative Machine Learning Startups & Companies (Herzliya)
The article showcases the best Herzliya based Machine Learning companies. Cipia (formerly Eyesight Technologies) is highlighted as a leading provider of computer vision AI based solutions for the automotive in-cabin industry. The impact on the company is growth-positive. The key theme of the article is innovation. The key issues discussed are customers and partners. The date of the event described in the article is not provided. The confidence level is 8.
CustomersPartners
growth-positive
WealthTech100 - The world's most innovative WealthTech companies that every leader in the wealth and asset management industries needs to know about
The article discusses the WealthTech100 list, which recognizes the worlds most innovative WealthTech companies. The list aims to help executives in wealth and asset management, private banking, and financial advisory evaluate digital wealth management and financial advisory models with market potential. Being included in the list can generate awareness and interest from investment firms, asset managers, clients, and partners. The WealthTech100 companies are selected based on factors such as industry significance, growth, innovation, and potential impact on clients. The article is published by FinTech Global, a leading provider of FinTech information services.
CustomersPartnersInvestment
growth-positive
Talanx takes start-up Scorable to next level with merger
Scorable, a start-up that uses artificial intelligence for bond credit risk analysis, is merging with BondIT, a portfolio construction technology provider for fixed income. Talanx, the parent company of Scorable, will retain a stake in the merged entity through its subsidiary Ampega. The merger aims to drive the digital transformation of the bond market and offer an integrated portfolio management and research solution. The transaction is expected to close at the end of 2020. The combined company will leverage cutting-edge technology and AI to automate and optimize the investment process for fixed income asset managers and financial advisors. The merger will also enhance the international reach of the combined company in the global asset management market.
AcquisitionPartners
growth-positive
MEAG digitises risk management workflows with BondIT partnership - The TRADE
Asset manager MEAG has partnered with BondIT to digitise its credit risk workflows using Scorable Credit Analytics. The analytics will be used by MEAGs global credit research teams in Munich and New York to support its credit exposure decisions during periods of market volatility. Scorable analyses over 250 data variables and translates raw data from financial statements, fundamentals and capital market data into actionable insights for investors. The technology leverages machine learning and explainable-AI (XAI) to predict changes in the credit risk profiles and rating transition probabilities of almost 3,000 corporate issuers.
Partners
https://www.theiaengine.com/tech-sprint/episode-12-how-can-you-utilise-the-best-technology-to-propel-your-business-forward/
growth-positive
חברת BondIT הישראלית רוכשת את Scorable הגרמנית
Israeli fintech company BondIT has acquired Scorable, a company that provides a system for predicting and explaining credit ratings. The acquisition will be made through a stock swap valued at $12-16 million. As part of the deal, Ampega, an investment firm, will become a major shareholder in BondIT, and the CEO and Chairman of Ampega will join BondITs board of directors. Ampega will also acquire and embed BondITs system in its operations. The employees of Scorable will join BondITs offices in New York, Australia, and Israel. BondITs system uses AI-based analysis to optimize investment portfolios and provide real-time advanced services to institutional and private portfolio managers.
PartnersInvestment
https://finance.yahoo.com/news/bondit-expands-us-team-two-140000460.html
growth-positive
BondIT Raises $4 Million in New Funding, Adding to Series B - Finovate
BondIT, a fixed income portfolio management platform provider, has raised $4 million in new funding, bringing its Series B investment round total to $18.2 million. The funding will be used for product development and other initiatives. Fosun Group, a division of Fosun International Limited, led the Series B round. BondIT uses machine learning algorithms and data science to improve fixed income advisors recommendations, client engagement, risk management, trade execution speed, and compliance. The company has a strategic partnership with Fosun Group and a relationship with Chinese financial data provider Wind. BondIT also recently partnered with IBM to enhance its fixed income portfolio services. The technology is cloud-based, allowing for scalability and immediate platform enhancements.
Investment
growth-positive
Israeli fintech co BondIT raises $14.25m from Fosun
Israeli fintech company BondIT has raised $14.25 million through a strategic investment from Chinas Fosun Group. This investment marks Fosuns first investment in Israeli fintech and will have representation on BondITs board. BondIT provides solutions to fixed income traders and their portfolios, using automation tools powered by proprietary machine learning algorithms. The company aims to bring efficiency to the global bond markets through the application of artificial intelligence and data science.
Investment
BondIT Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 37 |
| Team members | 4 |
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BondIT Internal
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Admin Info
| Confidence | 99/100 |
| Missing | video or image, markets |
| BI Verification | Jenny Sotnik-Talisman |
| Registrar ID | 514679166 |
| Crunchbase | bondit |
| Phone | +97297792500 |
| Creator | Sophie Pollock |
| Creator email | pollos@blair.edu |
| Last updater | Jenny Sotnik-Talisman |
| Updater email | jenny.sotnik@sncentral.org |
| Last update | 2023-03-20T00:00:00.000Z |
| Created | 2014-07-01T00:00:00.000Z |
| Claimed | Yes |