Investment in Genesis Global Technology by Accel

Deal typePrivate Equity & Transaction Services
IndustryFinancial Services & Technology & Media
Client nameAccel Partners Management

BDO provided financial due diligence services to Accel on its series B investment into Genesis Global Technology.

London-based capital markets software provider, Genesis Global Technology has raised $45 million in Series B funding led by global venture capital firm, Accel with participation from a host of other investors.

Genesis has now raised $50 million since its first external capital injection in November 2018. The UK startup will use the investment to further the development of its platform’s core technology as well as to bolster sales and marketing efforts.

"This was a great opportunity to continue to build on our relationship with Accel, whilst also working with Genesis, an exciting high growth business."

Mark Jones, Associate Director, BDO