Investment management platform Jacobi raises $11 million for European expansion

Jacobi co-founders Greg Knox, Tony Mackenzie, and Tanya Bartolini. Source: supplied

 

  • The Brisbane investment technology platform has raised AU$11 million from US investors 

  • Client base includes sovereign wealth and retirement funds, and asset and wealth managers with more than $1.5 trillion in assets under management

  • Expands internationally with launch of UK office to target Europe. 

 
Investech platform Jacobi Inc. has raised AU$11 million from US investors, led by Silicon Valley VC firms Illuminate Venture Partners, 8VC and Credit Ease Venture Fund.

Founded in Brisbane in 2014 by a trio of regional Queensland financial executives who worked for the likes of the Queensland Investment Corporation, JPMorgan, BlackRock and Colonial First State, Jacobi’s clients include sovereign wealth funds, retirement funds, asset and wealth managers and investment consultants who have combined assets under management of more than AU$1.5 trillion.

The business is now has its HQ in San Francisco, while maintaining a Brisbane presence and recently opening in London.

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