Primary Portal, a London, UK-based provider of platform for deal information, raised £5.3M in funding.
The round was led by Dutch Founders Fund, with participation from Flow Traders.
The company intends to use the funds to expand operations and its business reach entering the US market, and to extend its offerings, such as enabling institutional investors to communicate feedback and indications of interest to banks.
Founded by John Bentinck and Ilan Leshem in 2020. Primary Portal provides a digital platform that aggregates and digitises equity capital market deals for fund and flow traders. When looking at the dashboard, clients can see live IPOs, recently priced ABOs, Convertibles, rights issues, and other equity products.
The company has established itself with over 50 banks and 1,000 active users throughout Europe and Asia, and launched its offering in the US market at the beginning of November.
FinSMEs
19/12/2022