Fundraising Fox

Capitolis

Unicorn · $1.6B

New York, US · Founded 2017 · Delaware corporation · 219 employees on LinkedIn · 13 known investors

Capitolis provides portfolio optimization and capital marketplace solutions that help banks reduce risk, improve capital efficiency, and access funding. The company serves financial institutions seeking to optimize their capital management and risk profiles.

Also known as Capitolis Inc. · Capitolis UK

Founders & leadership

Capitolis was founded in 2017 by Gil Mandelzis.

GMGil Mandelzis
Gil MandelzisinFounder and CEOGil Mandelzis is the founder and CEO of Capitolis, a financial technology company offering portfolio optimization and capital marketplace solutions for financial institutions. He has previously founded and scaled multiple companies.

Investors · 13

Also in the syndicate · 5

BarclaysBNPCitiJ.P. MorganJPMorgan

Reported raises · per SEC filings

Form D private placements

$2.5M disclosed across 2 of 6 rounds · 2016–2025

$626.3KraisedDec 2017 · 10 investors · Other Banking and Financial Services
Rule 506(b)
Officers, directors & promoters on the filing
  • Gil MandelzisExecutive Officer, Director
  • Tom GlocerDirector
  • Haim SadgerDirector
Amount sold
$626.3K
First sale
Sep 2017
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1.8MraisedSep 2017 · 15 investors · Other Banking and Financial Services
Rule 506(b)
Officers, directors & promoters on the filing
  • Gil MandelzisExecutive Officer, Director
Amount sold
$1.8M
First sale
Dec 2016
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Valuation · disclosed

Disclosed events
$1.6Bvaluation at Series DJan 2022
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

Company profile

researched Aug 2026

Capitolis is a New York-headquartered financial technology company that operates two principal businesses for capital markets participants. Its Portfolio Optimization business offsets redundant positions between banks and other counterparties, allowing clients to reduce regulatory capital requirements and the costs associated with carrying those portfolios. Its Capital Marketplace connects global banks that have scalable origination capabilities with institutional investors willing to supply capital, giving banks access to third-party capital and investors access to bank-originated opportunities.

The company describes itself as combining advanced technology with financial structuring expertise, serving both global and regional banks and institutional investors. Its platform enables institutions to offset positions across asset classes, reducing the regulatory capital required for open positions and freeing capacity for additional trading activity. Capitolis states that more than 100 of the world's largest institutions work with it and that it has more than 200 employees and senior management; a 2025 press report put headcount at 160.

Capitolis operates under financial-markets regulation in multiple jurisdictions: its UK entity has been approved by the FCA to operate an Organized Trading Facility, and the CFTC has issued no-action relief covering post-trade risk reduction services relevant to the company.

Compiled by commissioned research from 7 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Annual growth rate (per company insiders)Aug 2025100%
Capital marketplace notional transactedJan 2022$60B
Employees (press report)Aug 2025160 people
Employees and senior management (company site)Jan 2026200 people
Financial institutions served (compression & novation)Jan 2022100 institutions
HeadcountAug 2026219
Institutions working with CapitolisJan 2026100 institutions
Total funding raised to dateAug 2025$350M
Trades optimized via compression & novation engineJan 2022$13T
Valuation (Series D)Jan 2022$1.6B

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

Competitors · 2

by search overlap

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

Timeline · 11

launches, deals, and filings
Jan 2026
Capitolis to acquire 20 Gates Management's U.S. secured financing platform

Announced acquisition intended to expand the Capital Marketplace business.

source ↗

Jan 2026
Named one of American Banker's Best Places to Work in Financial Technology

source ↗

Jan 2026
Named to CNBC World's Top Fintech Companies 2026 list

source ↗

Jan 2026
Named to Fortune's America's Most Innovative Companies 2026 list

source ↗

Jan 2026
Ashwath Bhat appointed Chief Financial Officer

Bhat oversees financial planning and analysis, accounting, treasury, corporate governance, reporting and M&A; previously CFO at Fractal, which IPO'd in February 2026, and earlier held finance leadership roles at Nielsen, IBM and GE.

source ↗

Jan 2026
Okan Pekin appointed President

source ↗

Jan 2026
CFTC issues no-action relief for post-trade risk reduction services

source ↗

Jan 2026
Capitolis UK approved by the FCA to operate an Organized Trading Facility (OTF)

source ↗

Aug 2025
Close of $56M strategic round with Barclays, BNP Paribas and J.P. Morgan

New bank investors Barclays and BNP Paribas joined existing investor J.P. Morgan, along with Citi, Morgan Stanley, State Street and UBS which had previously invested in the round. VC investors Canapi Ventures, 9Yards Capital and Greenfield Partners increased their investments. No valuation disclosed; reported as a second consecutive SAFE-like round.

$56M source ↗

Nov 2024
Strategic investment of $20M led by Citi

SAFE-like round led by Citi with participation from Morgan Stanley, UBS and State Street; no valuation disclosed.

$20M source ↗

Jan 2022
Capitolis raises $110M Series D at $1.6B valuation

Series D co-led by Canapi Ventures, 9Yards Capital and SVB Capital; Jeffrey Goldstein, Dan Beldy and George Osborne joined the Board of Directors. Total raised to date reported at $280 million.

$110M source ↗

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

Legal entities · 1

corporate structure
CapitolisDelaware

In the news

Research sources · 7

primary sources listed

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

Frequently asked questions

What does Capitolis do?
Financial technology company offering portfolio optimization and a capital marketplace connecting banks with institutional investors.
Who founded Capitolis?
Capitolis was founded by Gil Mandelzis in 2017.
Who are Capitolis's investors?
Capitolis's investors include Andreessen Horowitz, Greenfield Partners, Index Ventures, 9Yards Capital, Canapi Ventures, Communitas Capital Partners, S Capital, Spark Capital.
How much funding has Capitolis raised?
Capitolis has disclosed $2.5M raised across 2 of its 6 known rounds.
Where is Capitolis headquartered?
Capitolis is headquartered in New York, US.