Yields NV

Based in Belgium, Yields NV is a software platform dedicated to providing advanced Model Risk Management (MRM) solutions, aimed at enhancing operational efficiency for financial institutions through streamlined processes and comprehensive oversight of model lifecycles. Yields NV, founded in 2017, operates from Brussels, Belgium, focusing on Model Risk Management solutions. The company has not undergone any strategic pivots or changes in its operational focus. Co-founded by Jos Gheerardyn and Sebastien Viguie, it has raised a total of EUR 4.

8 million in funding, with the most recent round occurring on June 19, 2023, led by G+D Ventures alongside Pamica NV and Volta Ventures. The company has successfully completed two deals to date. Yields NV specializes in technology solutions for Model Risk Management (MRM), offering products such as Yields for Governance and Yields for Performance. These modules facilitate model validation, monitoring, and documentation for financial institutions, including major banks and regional firms.

The Yields for Governance module features a dynamic model inventory and customizable documentation tools, while the Yields for Performance module automates model monitoring and standardizes testing. Yields’ products cater to critical needs in high-risk environments, primarily marketed within North America and Europe. In the most recent year reported, Yields generated revenue of EUR 199,851. 30, with an EBITDA of EUR -1,096,898.

80 for the year 2023. Revenue is primarily derived from subscription-based models and partnerships with financial institutions, allowing clients to access essential tools for model validation and performance monitoring. Following the recent funding round of EUR 4. 8 million on June 19, 2023, Yields NV plans to utilize these resources for business expansion and technology advancement.

The company aims to enhance its product offerings and expand into new geographic regions, targeting further penetration in the financial sectors of North America and Europe. Specific upcoming product launches have not been detailed, but the funding will support overall growth and innovation initiatives.