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VantagePoint leads $10m Series A for InvestLab

9 Mar 2012

VantagePoint Capital Partners has led a $10m financing round for financial technology company InvestLab.

The venture firm was joined in the Series A round by Citi Ventures, a unit of global financial services company Citigroup.

VantagePoint managing director and head of emerging markets Asia, Melissa Guzy, will join the InvestLab board of directors alongside founder Mark Munoz and Nate Emerson.

The company’s products, a social investing website which uses sentiment analysis to rank and rate stocks, and cross-border retail trading solution MIX.

Guzy said, “VantagePoint funds transformative technologies that answer obvious social and business needs.

“As Asian economies mature, investors across the region are increasingly seeking new investment platforms that leverage new technologies to break down the barriers to global markets.

“InvestLab is developing solutions that respond directly to those needs.”

Munoz said, “The capital helps us further grow our global community of investors on Tradepop, expand our sentiment platform and deliver our trading technology to clients.”

Earlier this week fellow VantagePoint portfolio company MiaSolé secured $55m in venture funding to push forward its next wave of growth.

Silicon Valley-based VantagePoint has more than $4.5bn in committed capital invested across more than 70 companies.

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