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Cyndx Announces Investment by Rakuten Capital

Cyndx Announces Investment by Rakuten Capital

Funding to accelerate product development and support global expansion

NEW YORK, NY – Cyndx Holdings LLC (“Cyndx”) today announced that Rakuten Capital, the investment arm of global innovation leader Rakuten, Inc., headquartered in Tokyo, is making an investment into Cyndx and its subsidiaries, Cyndx Networks LLC and CDX Advisors LLC.

The investment will help Cyndx accelerate the development of its unique suite of fintech products as well as support the expansion of CDX Advisors globally.

“We are very excited to have Rakuten as our new partner and look forward to leveraging their world-class fintech expertise, heritage of innovation and global reach and experience,” said James McVeigh, founder and CEO of Cyndx.

Following the investment, Oskar Mielczarek de la Miel, Managing Partner at Rakuten Capital, will join the board of Cyndx.

“Cyndx is bringing a disruptive, tech-enabled approach to investment analysis, private capital sourcing and M&A advisory. We look forward to working with them to continue to grow the business and develop a next-generation investment advisory and data platform,” said Oskar Mielczarek de la Miel, Managing Partner at Rakuten Capital.

Cyndx’s fintech products leverage its proprietary database and use AI, deep learning and NLP algorithms to provide companies, investors and advisors with the most relevant information for capital raising, M&A and other strategic decisions. The company’s unique approach of fostering collaboration between data scientists, software product experts and M&A specialists is enabling the creation of new products that help customers find the right partners and discover new business opportunities.

Rakuten Capital is a corporate venture capital group that invests in innovative and disruptive financial services start-ups across the world and provides funding, expertise in financial services and asset management to help portfolio companies grow and expand into new markets. Since its launch in 2015, Rakuten Capital has invested more than $1.5 billion globally in dozens of technology ventures.

About Cyndx
Cyndx is a financial technology company reimagining how people discover business opportunities. Cyndx has developed and continues to refine a SaaS platform, powered by AI, deep learning and NLP-driven algorithms, that enables companies, advisors and investors to see relationships and emerging opportunities in the global private capital markets as they happen. For more information: https://cyndx.net/

About CDX Advisors
CDX Advisors provides a unique set of investment banking services to growth companies in the TMT sector. CDX combines a highly experienced team of bulge-bracket trained advisors with a suite of technology tools using AI, deep learning and NLP, along with a massive proprietary database, to provide differentiated insights and deliver superior outcomes for its clients. For more information: https://cdxadvisors.com/

About Rakuten Capital
Rakuten Capital is a corporate venture capital group that provides funding, sector experience and operational support to its portfolio companies across the world. Rakuten Capital is part of the Rakuten Group, one of the world’s leading Internet service companies. Rakuten has built and invested in innovative Internet businesses in e-commerce, financial services, digital content and advertising since 1997. Rakuten has ranked in the top 30 of Forbes Magazine’s annual “World’s Most Innovative Companies” list, and operates in Asia, Europe and the Americas. The company is headquartered in Tokyo and is publicly traded on the Tokyo Stock Exchange. For more information: https://capital.rakuten.com/

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