ETFBOOK has raised funding to expand its ETF data and analytics platform into the Americas and Asia-Pacific, broaden its data coverage and strengthen its global presence.
Tamara Djurickovic42 minutes ago
ETFBOOK (SquaredData AG) has raised $13
million in a funding round to expand its ETF data and analytics platform into
the Americas and Asia-Pacific. Expedition Growth Capital led the round
with participation from existing investor BlackFin Capital Partners.
ETFBOOK provides data infrastructure
and analytics for the exchange-traded fund market, bringing fragmented ETF data
from multiple sources into a standardised platform. Its products are used by
ETF issuers, fund administrators, market makers, authorised participants and
buy-side investors including asset and wealth managers and hedge funds.
The company is targeting a growing data
challenge as the global ETF market expands. According to ETFBOOK, global ETF
assets under management have reached $25 trillion and are on track to approach
$35 trillion by 2030. More than 1,300 new funds have launched across Europe and
the US so far in 2026, increasing the volume of data that market participants
need to process and reconcile.
Global capital has been moving out of
mutual funds and into ETFs for years, and there is no turning back. What never
kept up is the data and analytics underneath this growth, globally and for
AI-native applications.
There is no single’s the problem ETFBOOK is solving, and this
round is what takes our AI-native approach from the EMEA region into the AMER
and APAC markets
said Pawel Janus, co-founder and CEO of
ETFBOOK.
ETFBOOK’s platform connects and
normalises ETF data to provide clients with a singlenalytics. Its offering spans three
areas: Data, which provides access to standardised information through APIs, Analytics,
delivered through ETFBOOK’s web application, and Workforce, which allows
clients to combine verified ETF data and workflows with their own or
third-party sources for ETF data operations
The company is also adding an AI
conversational layer to its products and has developed AI tools to support data
ingestion, processing and distribution.
Bartlomiej Igla, co-founder and CTO of
ETFBOOK, said the company’s architecture is designed to automate core
operations without requiring headcount to grow at the same rate. He added that
the new funding will allow ETFBOOK to broaden its product offering and data
coverage as it expands internationally.
The company plans to use the investment
to add more ETF markets and deeper datasets to its coverage, expand the
analytics available through its web platform and strengthen its presence in the
Americas and Asia-Pacific. ETFBOOK is establishing a US entity and a New York
office as part of the expansion, alongside a team in Hong Kong and further
hiring at its Kraków delivery hub.
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