Jacobi Raises $10M Series A

Jacobi Strategies, a San Francisco, Ca-based investment technology firm, raised $10M in Series A funding.

The round was led by Queensland Investment Corporation (QIC), which joined joins existing investors Illuminate Venture Partners, 8VC and Western Technology Investment (WTI). Joining the board of Jacobi Inc will be Crystal Russell (QIC) and Bill Miller (Makena Capital).

The company intends to use the funds to further accelerate the development of the platform and expand its team and clientele globally.

Led by CEO Tony Mackenzie, Jacobi Strategies provides cloud-based technology to support the design and management of multi-asset portfolios at scale, streamlining investment workflows and enabling dynamic client engagement. Founded in 2014, the company provides its technology to some of the world’s largest asset management firms including T.Rowe Price, MFS, LGIM and WTW. Its global client base now represents assets under management over US$7 trillion.

The company also has offices in Australia and the United Kingdom.