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Venture Capital News: CFX Markets raises $2.17M

2017-11-05
CHICAGO, IL, Secondary market trading platform for alternative assets, has closed its Seed/Series A funding round, led by local Chicago venture capitalists.
CFX Markets, a Chicago-based secondary market trading platform for alternative assets, has closed its Seed/Series A funding round, led by local Chicago venture capitalists, West Loop Ventures, joined by M25 Group, Origami Capital Partners, Harvard Business School Angels of Chicago, SixThirty Ventures, and known angel investors David Schwartz of Waterton Capital and David Krell, founder of ISE.
Under the leadership of Chicago-based managing directors, Jordan Fishfeld and Juan Hernandez, CFX Markets enables alternative investors to buy and sell shares of previously illiquid assets in an open and efficient way. The CFX Markets platform securely facilitates the trades between buyers and sellers, including REITS, Limited Partnerships, Regulation D, EB-5, Regulation A+, LLCs and BDCs using their custom build proprietary software. Since the launch in Jan. 2016, the company has completed thousands of transactions. With the new funding, CFX Markets will expand into new markets and accelerate development of new innovation in trading, clearing & settlement, and distributed ledger technology.
"We are honored to have the support of such influential local investors and a lead with industry experience," said Fishfeld. "CFX Markets continues to provide the most efficient and speedy solution for investors looking to to buy or sell non-exchange traded securities. Thanks to our investors, we now have a scalable means for serving this sophisticated industry in new and innovative ways."
"We are excited to partner with CFX Markets and the management team; it furthers our effort to support early stage companies in the Chicagoland area," said Drew Thomas, investor at Harvard Business School Angels of Chicago. "CFX Markets has a tremendous market opportunity to be an early disruptor in secondary markets for historically illiquid, alternative assets."
Carter will be joining the board of directors, currently consisting of the two founders. CFX Markets is headquartered in Chicago with offices in Los Angeles and New York City.
To learn more about CFX Markets, visit cfxtrading.com.
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About CFX Markets
CFX Markets is a secure online trading platform that facilitates secondary market transactions of non-listed alternative investments. We bring the option of liquidity to all investors who invest nationwide in the alternative investments industry. The CFX Markets proprietary listing platform is optimized to assist shareholders, buyers, RIAs, Broker-Dealers and sponsors find solutions for the unique liquidity needs of non-listed limited partnerships, REITs, Regulation D, EB-5, Regulation A+, LLCs and BDCs.
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