Vistara backs Kurtosys

Kurtosys underwent a rebranding in January 2020. It plans to use the fresh capital to back its international expansion and to continue to develop its software platform and services, according to a statement.

Canada-based GP Vistara deploys $5-15m per investment and provides both equity and debt capital.

Vistara had not responded to a request for comment at the time of publication, and Kurtosys was not available for comment.

Previous funding
In January 2006, True Ventures backed the company in a €5.15m financing round. The VC also invested $8.5m in the business in August 2008.

In December 2013, True Ventures and Triangle Peak Partners backed the company's $8m series-C round. Kurtosys had 100 staff and reported revenues of $8m at the time of the investment.

Company
Kurtosys was founded in 2002. It provides an end-to-end digital experience platform for financial service companies. The platform enables firms to create, manage and publish their financial data, documents, websites and content in a secure, compliant environment. The platform aims to reduce costs, increase security and enable quicker publishing of documents.

The company's client base includes Generali Investments, Citi and JP Morgan Asset Management, according to its website.

Kurtosys is headquartered in London and has two offices in the US. It employs 251 staff, according to LinkedIn. It generates revenues of $7m, according to Zoominfo.

People
Kurtosys – Mash Patel (founder, CEO).
Vistara Capital Partners – Noah Shipman (partner).

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