Overview
NetGuardians, a leading Swiss software company recognized for its innovative solutions to control all operational and fraud risks within banks (from business operations to IT), raised its second round of funding to further finance its growth.
Significance
Founded in 2007, NetGuardians was the first company to emerge from the innovation incubator of the HEIG-VD Business School and Engineering Vaud, in Yverdon-les-Bains, Switzerland. It has a steadily growing client base in Europe, Africa, the Middle East and Asia. Funding was raised from:
– SBT Venture Capital manages a fintech fund investing in early-stage growth financial industry start-ups that are already generating revenue, in need for capital, brains and the right network to reach scale. It has a solid experience in the banking industry, a wide network of financial services companies and related technology vendors, and one of the biggest banks globally as their main partner (Sberbank).
– Orbium is a leading IT and business consulting firm exclusively focused on the financial services industry. Orbium seamlessly integrates clientsÂ’ business and organizational strategies with IT implementations thus helping them achieve a higher return on investments. As an Avaloq Premium Implementation Partner with offices in Geneva, Frankfurt, Hong Kong, London, Luxembourg, Manila, Paris, Singapore, Sydney, Warsaw and Zurich, Orbium prides itself on its strong track record based on quality and successful project completion.
– Polytech Ventures is an early-stage VC firm based in Switzerland with a strong international focus. Dedicated to promoting advanced research and innovation, they are strategically located at EPFL in Lausanne, one of the most dynamic and recognized innovation centers in the world.
Our Role
NovitasFTCL was sole financial adviser to NetGuardians in organizing its capital raising process, which ended up in an investment of CHF 5m by new investors SBT Venture Capital and Orbium, and by existing investor Polytech Ventures.
The process targeted a wide range of financial investors as well as selected industry participants. The final investment syndicate includes both the former and the latter, requiring specific structuring given their different investment perspectives.
