BankingBusiness

SteelEye: Raises additional capital as it eyes expansion into North America

  • SteelEye a RegTech and data analytics firm that established to reduce the complexity and cost of financial compliance
  • Beacon Equity Partners a private equity firm investing in innovative software and technology companies
  • Expansion support North American firms facing increased regulatory pressures and meet heightened demand for cloud-based compliance
  • The business raised more than $17 million through two funding rounds in 2020
  • The SteelEye platform reduces the complexity and cost of financial compliance by providing a range of regulatory tools
  • The second and more recent round completed in December with U.S. based investor Beacon Equity Partners leading the round
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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