Overview of Transaction

• On June 30, 2021, OpenExchange announced the initial closing of nearly $23 million in its Series D financing round
• The round was led by Kingfisher Investment Advisors, a San Francisco-based venture growth fund focused on late-stage, high-growth tech companies and Stonebridge Ventures, a leading Korea-based venture fund with a global portfolio
• Based in Boston, New York, London, Hong Kong and Seoul, OpenExchange video-enables the vital daily communications of the financial services and professional investment industry and its clients with advanced one-to-one, one-to-many, and many-to-many video technologies, tools and services
• The pandemic has dramatically accelerated the adoption of virtual meeting technologies, and OpenExchange has become a trusted partner to every major bank as a result
• Using its unique combination of specifically designed technology and services, OpenExchange has carved out the dominant position for virtual conferences with the top 10 investment banks, pioneered the high-touch approach for virtual NDRs, and organically built the must-use tools for Capital Markets virtual roadshows

Significance of Transaction

• The new investment will support further development of OpenExchange’s recently announced OE VIZION, a next-generation platform for virtual and hybrid events, as well as complementary acquisitions in content development, meeting logistics, media streaming, and data analytics

FT Partners' Role

• FT Partners served as exclusive strategic and financial advisor to OpenExchange
• This transaction highlights FT Partners’ deep expertise in Capital Markets Technology, as well as its successful track record generating highly favorable outcomes for high-growth FinTech companies globally