R3 HoldCo LLC
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R3 HoldCo LLC - overview
Established
2015
Location
New York, NY, US
Primary Industry
Software
About
Based in New York, the US, and founded in 2015, R3 HoldCo LLC operates as a fintech company that offers distributed ledger technology to its clients. The company was founded by David E. Rutter (CEO), Todd McDonald, and Jesse Edwards. As of 2022, R3 HoldCo raised USD 107 million in a series A fundraising round led by BI Group, Bank of America Merrill Lynch, HSBC, Intel, and Temasek.
In the year 2022, the company has a global team of more than 110 professionals with more than 80 global financial institutions and regulators on six continents. The company offers an enterprise technology platform that delivers services to streamline clients’ business. The products offered by the firm include Corda which is a production-grade DLT platform that offers asset modeling capabilities and Coclave which is a confidentiality computing platform that delivers technical assurances of trust. These products provide solutions to Banks, Exchanges and central counterparties, corporates, etc.
The company plans to use 2022, funds to extend its strategic alliances for product deployment and to expedite its technological development.
Current Investors
Bank of America Merrill Lynch, Wells Fargo Bank, SBI Holdings
Primary Industry
Software
Sub Industries
Financial Services, Accounting/Finance Software
Website
www.r3.com
Verticals
Cloud Computing, FinTech
Company Stage
Series A
Total Amount Raised
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