FinOptSys, Inc. announced that it expects to receive $9.067547 million in funding from State Street Corporation
January 23, 2023
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FinOptSys, Inc. announced that it has raised $9,067,547 in a round of funding on January 23, 2023. The company issued 1,190,576 series A-1 preferred stock at an issue price of $5.3483 per share,411,345 series A-2 preferred stock at an issue price of $5.3483 per share, and 116,859 series A-3 preferred stock at an issue price of $5.3483 per share. The preferred shares of all the series will be convertible in common shares at their fixed original issue price. The shares are convertible, non-redeemable. The round is raised at a post-money valuation of $23,804,674. The shares are issued at a par value of $0.0001 per share.
On the same date the company closed its first tranche from State Street Corporation.
State Street Corporation is a financial holding company organized around 2 areas of activity:
- investment services (83.1% of net sales): services intended mainly to mutual funds, collective investment funds, corporate and public retirement plans, insurance companies and foundations. The group provides services including custody, daily pricing, record keeping and administration, shareholder services, foreign exchange, brokerage and other trading services, securities finance, loan and lease financing, investment manager and hedge fund manager operations outsourcing, performance, risk and compliance analytics;
- investment management (16.9%). State Street Corporation offers, primarily to institutional investors, investment management and investment research services for managing financial assets, including passive and active United States and non-United States equity and fixed-income.
The United States accounts for 55.1% of net sales.
STATE STREET CORPORATION 
