InvestTech Jacobi snares $10m in Series A haul


Jacobi, an investment technology company, has secured $10m in a Series A round headed by Queensland Investment Corporation.

Alongside QIC, Illuminate Venture Partners, Western Technology Investment and 8VC also took part in the round.

In addition to the funding, Crystal Russell of QIC and Bill Miller of Makena Capital will join the Jacobi board of directors.

Established in 2014, Jacobi claims its technology transforms front office-to-end-client investment processes enabling portfolio design, analytics and client engagement.

The firm added that its cloud-based platform provides a powerful and highly customisable suite of tools for designing, managing and visualising multi-asset portfolios.

Jacobi will use the funding to further accelerate the development of the company’s platform and expand its team and clientele globally.

Tony Mackenzie – CEO and co-founder of Jacobi – said, “We are proud to be backed by the highly respected global investor QIC as we continue to grow our global business. Our valued client base spans some of the world’s leading asset managers, owners, investment consultants, RIA’s and family offices. Each of these firms has looked to Jacobi for flexible technology that is purpose-built for the multi-asset investor.

“Our open-architecture means we can configure our solution to each firm’s own investment strategy including their capital market assumptions, data, risk engines and optimization techniques – and combine that with dynamic visualization tools for better end-client engagement.”

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