ETFBOOK Secures $13M to Scale AI-Native ETF Data Intelligence Across US and APAC Markets

Quick Summary

Swiss fintech ETFBOOK has raised $13M in funding led by Expedition Growth Capital to scale its AI-native ETF data platform globally. By unifying fragmented data across 11,000+ ETFs, the platform provides a single source of truth for wealth managers and institutional investors navigating a $25 trillion market.

How Does ETFBOOK Solve Fragmented ETF Data Challenges?

The ETF data platform addresses the critical lack of a single source of truth in the rapidly expanding exchange-traded fund market. With over 1,320 new ETFs launched in 2026 alone - averaging seven every trading day - manual reconciliation by research teams has become impossible. ETFBOOK connects and normalizes fragmented data layers into an actionable intelligence layer, allowing firms to bypass the need for piecing together raw data from conflicting vendors and formats.

• Automated data ingestion powered by AI-native infrastructure.
• T+1 data coverage across flows, holdings, and segment analytics.
• Programmatic API access for custom tool development.

"Global capital has been moving out of mutual funds and into ETFs for years, and there is no turning back. What never kept up is the data and analytics underneath this growth, globally and for AI-native applications. Most firms still piece raw data together by hand, across a stack of vendors, formats, languages or conflicting versions. There is no single source of truth for global ETF markets across ETF data layers. That's the problem ETFBOOK is solving, and this round is what takes our AI-native approach from the EMEA region into the AMER and APAC markets." said Pawel Janus, PhD, Co-Founder and CEO at ETFBOOK.

What Results Has the ETFBOOK Platform Delivered for Enterprise Clients?

Since its Series A, ETFBOOK has doubled its enterprise footprint, now serving 70+ major clients including ETF issuers, market makers, and hedge funds. The company has maintained 100% annual recurring revenue growth, proving the demand for specialized ETF-native intelligence. By utilizing an intelligent architecture, the firm has decoupled headcount growth from platform scaling, allowing a lean team to manage data for assets running into the trillions of dollars.

• 70+ enterprise clients across the buy-side and sell-side.
• 100% YoY growth in recurring revenue.
• 11,000+ ETFs covered across Europe and the US.

"We are rethinking how financial data platforms scale and deliver value. We’ve built an intelligent architecture that automates our core operations and frees us from linear headcount growth. This allows a lean team of technical and domain experts to focus on the best product experience for every user segment across our massive global ecosystem. With new funding, we will scale our product offering into the AMER and APAC regions, delivering an unprecedented level of unification and depth in ETF data and analytics. All that while maintaining flawless operational efficiency." said Bartlomiej Igla, Co-Founder and CTO at ETFBOOK.

Why is Global Expansion into AMER and APAC Critical Now?

The global ETF market is on a trajectory to reach $35 trillion by 2030, yet infrastructure remains localized and fragmented. By establishing new hubs in New York and Hong Kong, ETFBOOK aims to become the default intelligence layer for global capital markets. The investment from Expedition Growth Capital, which includes Steve Twomey joining the Board of Directors, specifically targets the US go-to-market strategy to capture the massive demand for unified analytics in the American and Asian markets.

• New York and Hong Kong offices to support local market entry.
• $13M capital injection to fund regional talent acquisition.
• AI conversational layer integration for enhanced user experience.

"ETF markets are booming, but the data and workflows supporting the industry remain fragmented and outdated. ETFBOOK has built the specialist data, analytics and operating layer this market increasingly needs, and we are excited to support its expansion from a strong European base into the US and APAC." said Steve Twomey, Partner at Expedition Growth Capital.

FF NEWS TAKE:

This $13M round for ETFBOOK definitely moves the needle in the capital markets space. While generalist data giants often treat ETFs as a subset of equities, ETFBOOK’s ETF data platform treats them as a unique asset class requiring specialized AI-native infrastructure. As the industry hurtles toward a $35T valuation, the ability to provide a unified data layer across three continents isn't just a convenience - it's a mission-critical requirement for institutional survival.