Mid-market PE firm Bowmark Capital has made an investment in CubeLogic, a provider of SaaS risk management solutions geared at customers in the energy, commodities and financial services sectors to manage credit, compliance, liquidity and market risk.
Founded in 2009, CubeLogic’s RiskCubed platform leverages business intelligence to consolidate complex and fragmented data sources and provide real-time analytics, insight and reporting capabilities for its customers. The provider operates in the UK, US, Germany, Singapore and India and employs over 150 people. According to a press release, its revenue has grown over 30% per annum.
According to a press statement, its partnership with Bowmark will help the company to continue its “strong record of growth, through further investment in people, technology and new product development, as well as expanding internationally and into adjacent vertical markets”.
Bowmark has previously supported businesses that provide specialist technology solutions to the financial services industry, such as Pirum Systems, a provider of capital markets infrastructure technology; WSD, a provider of workflow automation software to the structured products industry; and Lendscape, a technology provider to the secured commercial finance market.
