Asset analysis, Blockchain firm raises $25M

NORTHVILLE—Officials at Inveniam Capital Partners Inc. announced that the company would close its $25 million Series A round this month with lead investments from Bermuda-based Apex Group Ltd., Cedarhurst, N.Y.-based K20 Fund LLC, Charlotte, N.C.-based Dev.Pro, and Orlando-based Global Blockchain Ventures.

Inveniam Capital Partners’ software platform, Inveniam.io, is the operating system for real asset data in the rapidly developing decentralized market.

“The use of blockchain to transmit trust in data will drive automation in valuation and price discovery in the private markets,” said Todd Stevens, global head of capital markets for Inveniam. “Inveniam.io allows data rich, low-frequency trading private market assets to have monthly marks by subject matter experts. Price discovery for illiquid assets with fully observable inputs will transform the balance sheets of corporate owners. Low yields in the bond market are driving defined benefit plans to higher performing asset classes, but those fiduciaries need third party price discovery. Our operating platform unlocks value across private equity, commercial real estate, private credit, and infrastructure.”

This Series A funding follows consistent growth of client installations and assets on the platform (“AOP”) with low ten figures of assets currently on the platform. Company forward-looking estimates project AOP to approach $200 billion by year end 2023.

This news follows Inveniam’s acquisition of the assets of Factom Inc. in early 2021, including its blockchain patent portfolio. Factom’s IP patent portfolio coupled with Inveniam’s has resulted in the company becoming the eighth largest U.S.-based holder of blockchain patents and patent applications as reported by UnifiedPatents.com.

“We are proud of the work of our team to build an institutional quality software that delivers immediate value to private markets by laying the foundation for investors to fully participate in the DeFi evolution of capital markets,” sadi Inveniam chairman and CEO Patrick O’Meara. “Our high-quality strategic and capital investors are testament to the strength of the business we have built, and we are excited to work in partnership as we pursue our aims of becoming the global standard for trust in private market data globally.”

“As allocations to private asset classes continue to grow, trusted data is essential to being able to transact in private market assets,” added Peter Hughes, CEO and founder of Apex Group. “Using data that is verified on blockchain, our partnership with Inveniam will create efficiencies and deliver benefits for the $1.5 trillion of client assets we service. We’re excited about the potential of this partnership and the prospect of beginning onboarding significant assets to the Inveniam platform.”

And Joe Lieberman, managing partner of K20 Fund, added: “A decentralized blockchain ecosystem is the fulcrum of the new financial network that benefits institutions and individuals alike. Inveniam offers a compelling and innovative DeFi platform to institutional-grade clients, while also solving some of the most complex problems in the sector.”

Inveniam.io uses big data, artificial intelligence, and blockchain technology to provide Verified by Inveniam, real-time pricing of private, infrequently traded assets, along with identifying buyers for those assets.

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