• FOUNDING YEAR: 2014
    LOCATION:
    United States
    REGION:
    Illinois
    Last Update:
    22 Oct, 2019

Description

FOCUS

PRODUCTS & SERVICES:
CFX Markets is an online platform to where investors can buy and sell shares of alternative assets with each other. It provides an open and secure network to facilitate secondary transfers of private securities. It facilitates ownership transfers of alternative assets, such as public non-traded REITs, BDCs, and Regulation A+ securities.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Investors

PEOPLE

FOUNDERS:
Juan Hernandez, Jordan Fishfeld
Board Members and Advisors:
Jordan Fishfeld, Juan Hernandez
NUMBER OF EMPLOYEES:
11-50
INVESTORS:
West Loop Ventures, M25 Group, Origami Capital Partners, Harvard Business School Angels of Chicago and SixThirty Ventures.
KEY EMPLOYEES:
Dan Breen (Head of Trading); Jordan Fishfeld (Managing Director); Juan Hernandez (CTO)
COMMENT:
Juan is a veteran of technology and electronic exchange networks, with over 18 years of financial technology and strategic management experience. Dan has over 20 years of secondary market experience in alternative assets, working primarily with public non-traded REITs and BDCs.

TRACTION

TRANSACTIONS COMMENT:
Since the launch in Jan. 2016, the company has completed thousands of transactions. (Nov 2017)

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$2.2 Millions
DATE OF LAST FUNDING:
Nov 2017
TOTAL FUNDING COMMENT:
The company will use the funds to expand into new markets and accelerate development of new innovation in trading, clearing & settlement, and distributed ledger technology. (Nov 2017)
SEED & PRIOR FUNDING:
$2.2 Millions
SEED CLOSED ON:
Nov 2017
LISTED:
NO

LATEST RESEARCH