Fundraising Fox

BondLink

Boston, US · Founded 2015 · Delaware corporation · 24 employees on LinkedIn · 4 known investors

BondLink provides SaaS investor relations, deal marketing and debt management software for U.S. municipal bond issuers.

Also known as BondLink, Inc.

Founders & leadership

BondLink was founded in 2015 by Carl Query and Colin MacNaught.

CQ
Carl QueryinCo-founder
CM
Colin MacNaughtinCo-founder

Board

RS
Robert StevensonBoard director

Investors · 4

Also in the syndicate · 2

FinTech SandboxFranklin Templeton Investmentslead

Reported raises · per SEC filings

Form D private placements

$34.9M disclosed across 4 of 7 rounds · 2015–2021

$18MraisedMay 2021 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Lynn MartinDirector
  • Carl QueryExecutive Officer, Director, Promoter
  • Colin MacNaughtExecutive Officer, Director, Promoter
  • Robert StevensonDirector
Amount sold
$18M
First sale
May 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$4MraisedMar 2020 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Carl QueryDirector, Promoter
  • Colin MacNaughtExecutive Officer, Director, Promoter
  • Robert StevensonDirector
Offering amount
$6M
Amount sold
$4M
First sale
Feb 2020
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$12.1MraisedJan 2018 · 6 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Robert StevensonDirector
  • Carl QueryDirector, Promoter
  • Colin MacNaughtExecutive Officer, Director, Promoter
Offering amount
$12.1M
Amount sold
$12.1M
Minimum investment
$25K
First sale
Dec 2017
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$775KraisedJan 2016 · 3 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • COLIN MACNAUGHTExecutive Officer, Director, Promoter
  • CARL QUERYExecutive Officer, Director
Offering amount
$2M
Amount sold
$775K
Minimum investment
$25K
First sale
Dec 2015
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

BondLink is a Boston-based financial technology company that sells cloud-based software to issuers in the municipal bond market, which its own materials and press coverage describe as roughly $4 trillion in size. The platform is organized around three product areas: investor relations (turnkey issuer IR websites and investor communication tools), deal marketing (printing, distribution, virtual roadshows, deal pages and investor intelligence for working groups executing a bond sale), and debt management (automatically updated views of an issuer's debt portfolio, annual planning and payment analyses). The company describes its offering as an all-in-one debt management platform combining software with a dedicated support team that functions as an extension of an issuer's back office, covering tasks from compliance filings to investor identification to bond sale preparation.

A second side of the platform serves institutional investors, who can build custom portfolios of followed issuers, credits and bond sales, monitor an issuer activity feed of newly posted documents and project updates, view an enhanced bond sale calendar with associated documents and investor presentations, search issuers by sector, geography, CUSIP or keyword through an issuer discovery tool, configure daily notifications and real-time alerts, and contact issuer representatives directly through the platform.

The company was founded in 2015 by Colin MacNaught (CEO) and Carl Query (CTO). Third-party sources classify it as a venture-backed fintech/SaaS company at Series A stage with investors including Franklin Templeton Investments, Coatue Management, Accomplice, FinTech Sandbox and Galaxy Capital, plus a strategic investment from Intercontinental Exchange described by the company as its Series B.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Addressable municipal bond market sizeJan 2018$4T
Bonds issued by BondLink clients since 2018Jan 2026$115B
EmployeesAug 202631 people
Estimated revenue range (third-party estimate)Aug 2026$6M-$16M
Share of top 50 institutional investors using BondLinkJan 2026100%
Total funding (third-party database)Aug 2026$26M
U.S. public sector bond issuers targetedJan 201850,000 issuers
Visits to client investor relations sites (cumulative)Jan 20262,000,000 visits

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 1

by search overlap

Companies competing with BondLink for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 7

launches, deals, and filings
Mar 2026
City of St. Louis, Missouri launches investor relations website

Company news item announcing that the City of St. Louis, Missouri launched a new investor relations website to enhance financial transparency.

source ↗

Feb 2026
BondLink named to GovTech 100 for eighth consecutive year

source ↗

Jan 2026
St. Joseph County, Indiana launches investor relations hub with BondLink

source ↗

Mar 2020
Funding round with Coatue Management as lead

A $6.0 million round listed with Coatue Management as lead and participation from Accomplice and FinTech Sandbox, per a third-party startup database.

$6M source ↗

Jan 2018
BondLink raises $10 million Series A led by Franklin Templeton Investments

Boston-based BondLink announced a $10 million Series A financing led by Franklin Templeton Investments with participation from Coatue. Franklin Templeton's Robert Stevenson joined BondLink's board of directors. Proceeds were earmarked for accelerating adoption of its software among the roughly 50,000 U.S. public sector bond issuers.

$10M source ↗

Jan 2018
Robert Stevenson joins board of directors

In conjunction with the Series A, Robert Stevenson, vice president, portfolio manager and research analyst at Franklin Templeton Investments' Franklin Equity Group, joined BondLink's board of directors.

source ↗

Jan 2015
Strategic Series B investment from Intercontinental Exchange

Intercontinental Exchange, a provider of data, technology and market infrastructure, made a strategic investment in BondLink as its Series B, according to the company's own account. No date or amount is stated.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
BondLinkDelaware

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does BondLink do?
BondLink provides SaaS investor relations, deal marketing and debt management software for U.S. municipal bond issuers.
Who founded BondLink?
BondLink was founded by Carl Query, Colin MacNaught in 2015.
Who are BondLink's investors?
BondLink's investors include Coatue Management, Franklin Templeton.
How much funding has BondLink raised?
BondLink has disclosed $34.9M raised across 4 of its 7 known rounds.
Where is BondLink headquartered?
BondLink is headquartered in Boston, US.