Firm58 simplifies trade operations for capital markets firms. Our web-based financial management software manages the processes associated with fees, commissions and payouts. Firm58's Software as a Service (SaaS) platform automates middle- and back-office processes across asset classes to provide insight into daily profitability, increase operational efficiency, and protect revenue. We offer solutions for billing, profit/expense analysis, commission sharing arrangements/soft dollars and compliance & surveillance. Unlike point solutions that address narrow business challenges, or expensive legacy systems that are difficult to integrate, Firm58's solutions are designed for the complexity of post-trade processes, yet are cost-efficient and easy to deploy. Founded in 2005, Firm58 is headquartered in Chicago and is backed by New World Ventures and North Bridge Venture Partners.
Type
Private
HQ
Chicago, US
Founded
2005
Employees
19 (est)
Firm58 was founded in 2005 and is headquartered in Chicago, US

Key People at Firm58

Doug Donohoe

Doug Donohoe

VP of Engineering
Doug States

Doug States

CFO
James Mullen

James Mullen

Co-Founder & Chief Technology Officer
Samuel Mele

Samuel Mele

Co-Founder & Managing Director
Nick Fera

Nick Fera

CEO
Jonathan Arney

Jonathan Arney

VP of Sales

Firm58 Locations

Chicago, US

Firm58 Metrics

Firm58 Summary

Founding Date

2005

Total Funding

$19.2 M

Latest funding size

$7 M

Time since last funding

over 6 years

Investors

Firm58's latest funding round of $7 M was in June 2010. In total, Firm58 has raised $19.2 M.
11% of current employees of Firm58 are female and 89% are male.

Firm58 Company Life

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