Capitolis
Capitolis helps banks optimize capital and connect with institutional investors.
Capitolis operates a B2B marketplace and SaaS platform that enables global financial institutions to optimize their trading positions and access diversified capital. Using proprietary algorithms, the platform allows banks, hedge funds, and asset managers to eliminate redundant positions, reduce capital requirements, and connect with institutional investors. The company has optimized over $17 trillion in gross notional trades and transacted $76+ billion through its capital marketplace, serving 100+ financial institutions including major global banks.
Problem solved
Financial institutions hold redundant trading positions that tie up capital and credit lines unnecessarily, and lack efficient mechanisms to connect with institutional capital providers at scale.
Target customer
Tier-1 and Tier-2 global banks, hedge funds, asset managers, and institutional investors with significant trading volumes and capital deployment needs
Founders
G
Gil Mandelzis
Founder & CEO
Founded Traiana (acquired by ICAP/Nex Group for $250M in 2007), later CEO of EBS BrokerTec; member of CFTC Global Market Structure Subcommittee; MBA from INSEAD.
T
Tom Glocer
Co-Founder & Executive Chairman
Former CEO of Reuters/Thomson Reuters (11 years), M&A lawyer at Davis Polk & Wardwell; Executive Chair of BlueVoyant; JD from Yale Law School.
Funding history
Seed
$9M
2016
Led by Unknown
· Unknown
Series A
$20M
March 2018
Led by Sequoia Capital
· Index Ventures
Series B
$40M
2019
Led by Unknown
· Unknown
Series C
$90M
2021
Led by Unknown
· Unknown
Series D
$110M
March 2022
Led by Canapi Ventures
· 9Yards Capital, SVB Capital
Growth Round
$20M
November 2024
Led by Citi
· Morgan Stanley, UBS, State Street
Series D Follow-up
$56M
August 2025
Led by Citi
· Morgan Stanley, State Street, UBS, Barclays, BNP Paribas
Total raised:
$358M
Industries
Pricing
Not publicly available. Company offers both B2B marketplace and SaaS-based optimization services.
Notable customers
NatWest, Brevan Howard, 100+ financial institutions globally (specific names not fully disclosed)
Tech stack
Lightbox (JavaScript libraries)
jQuery Migrate (JavaScript libraries)
jQuery (JavaScript libraries)
core-js (JavaScript libraries)
AOS (JavaScript libraries)
Zendesk (Documentation)
RSS
Open Graph
HTTP/3
WordPress (Blogs)
Google Ads Conversion Tracking (Analytics)
Google Analytics (Analytics)
reCAPTCHA (Security)
Twitter Emoji (Twemoji)
Google Font API (Font scripts)
PHP (Programming languages)
Apple iCloud Mail (Webmail)
Microsoft 365 (Email)
Google Hosted Libraries (CDN)
Cloudflare (CDN)
MySQL (Databases)
Google Ads (Advertising)
Yoast SEO (SEO)
Amazon Web Services (PaaS)
WP Engine (PaaS)
Genesis theme (WordPress themes)
Contact Form 7 (WordPress plugins)
Dropbox (Digital asset management)
Website
Competitors
Virtu
Market maker and trading technology company with different business model focused on execution rather than position optimization.
Halo Investing
Focuses on alternative investment allocation; less specialized in post-trade compression and capital marketplace connectivity.
M-DAQ
Provides market data and analytics; does not offer the integrated marketplace or compression engine that Capitolis provides.
CloudMargin
Specializes in collateral management; lacks Capitolis's position compression and institutional capital marketplace features.
Why this matters: Capitolis achieved unicorn status in 2022 and has raised $358M from elite investors including Sequoia, a16z, and major banks (Citi, Morgan Stanley, UBS, State Street). The company operates in a massive, underserved market—having optimized $17+ trillion in notional trades—and attracts top institutional capital, indicating strong product-market fit in a critical financial infrastructure segment.
Best for: Tier-1 global banks and large hedge funds seeking to optimize capital efficiency, reduce regulatory capital requirements, and access institutional capital at scale.
Use cases
Position Compression & Novation
When two counterparties have offsetting positions (e.g., one owes $400 and is owed $500), Capitolis enables them to restructure to a single net position ($0 owed, $100 received), eliminating redundant capital reserves and reducing operational complexity.
Capital Marketplace Connection
Banks with strong origination capabilities but limited balance sheet capacity can connect with institutional investors seeking yield, enabling syndication of loans and securities while providing investors direct access to bank-originated deals.
Portfolio Optimization for ROE
Large asset managers and hedge funds can optimize their entire balance sheet through Capitolis's algorithms, identifying and offsetting redundant exposures across multiple counterparties to reduce capital intensity and improve return on equity.
Alternatives
Virtu
Choose Virtu if you need pure execution and market-making services; choose Capitolis for post-trade optimization and capital sourcing.
CloudMargin
CloudMargin excels at collateral management; Capitolis is better for structural position optimization and connecting with institutional capital.
FAQ
What does Capitolis do? +
Capitolis operates a B2B marketplace and SaaS platform that helps financial institutions optimize trading positions, reduce capital requirements through compression and novation, and connect with institutional capital providers. The platform uses proprietary algorithms to identify redundant positions across multiple counterparties and facilitate efficient restructuring or matching with capital sources.
How much does Capitolis cost? +
Pricing is not publicly disclosed. Capitolis offers custom enterprise solutions; interested institutions should contact the company directly for pricing based on trading volume and optimization scope.
What are alternatives to Capitolis? +
Alternatives include Virtu (execution and market-making), CloudMargin (collateral management), M-DAQ (market data), and Halo Investing (alternative investment allocation). Each serves different aspects of capital markets infrastructure.
Who uses Capitolis? +
Capitolis serves 100+ financial institutions globally, including Tier-1 banks (NatWest), hedge funds (Brevan Howard), asset managers, and institutional investors. Customers include some of the largest financial institutions in the world seeking to optimize capital efficiency and ROE.
How does Capitolis compare to Virtu? +
Capitolis focuses on post-trade position optimization, compression, and institutional capital marketplace connectivity, while Virtu is primarily a market maker and execution technology platform. Capitolis targets capital efficiency and sourcing; Virtu targets transaction execution and liquidity provision.
Tags
post-trade optimization
capital markets
position compression
novation
institutional finance
capital marketplace
banking infrastructure