Appital: Secures additional £1.7 million investment led by Frontline Ventures
- Appital offers institutional investors a new platform to proactively source liquidity, including in highly illiquid securities
- Announced it has secured an additional £1.7 million investment from Frontline Ventures
- The investment follows last year’s £2.5m round led by Frontline Ventures and additional funding from angel investors
- This comes ahead of launching the world’s first algorithmic bookbuilding platform in partnership with Turquoise
- Platform enables the buyside community to originate and participate in liquidity discovery, price formation
- The latest funding follows the successful integration with EMS providers FactSet, FlexTrade and TS Imagine
