About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Simudyne Closes $6M Series A Funding Round with Plans to Expand

Subscribe to our newsletter

Simulation technology specialist Simudyne has closed a $6 million Series A fundraising led by Barclays. The new funds will help Simudyne to continue to interact with the financial services sector while expanding the applications of its enterprise-ready software beyond bank stress testing, financial risk and contagion management.

Simudyne’s solutions assist organisations to harness the power of agent-based modelling, AI, and machine learning to test drive their decisions and drive growth. Leveraging agent-based simulation, the firm’s technology enables clients to simulate millions of scenarios to test drive their decisions and fail without consequences in order to gain insight.

Already in use at Barclays and in other large financial institutions, the firm claims to have seen a 600% increase in revenue in 2018, following the acquisition of new banking clients. It plans to use the funding to expand its team as it seeks to enter new areas such as market execution, anti-money laundering and fraud.

“We expect simulation will be a multi-billion-dollar market within the next five years and we will be positioned to capitalise on that opportunity,” says CEO Justin Lyon. “With simulation, traders can generate effective synthetic trade data, account for adaptive trading strategies, optimise their algorithms against buy-side policies, test against stressed scenarios, and demonstrate transparency and proper governance to regulators.”

Graphene Ventures and Gauss Ventures joined Barclays in the funding round.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Navigating the Build vs Buy Dilemma: Cloud Strategies for Accelerating Quantitative Research

Date: 20 May 2026 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes For many quantitative trading firms and asset managers, building a self-provisioned historical market data environment remains one of the most time-consuming and resource-intensive steps in establishing a new research capability. Sourcing data, normalising symbologies, handling corporate actions and maintaining...

BLOG

From Broker Bias to Independent Insight: The Case for Cloud-Native TCA

For years, the path of least resistance for buy-side transaction cost analysis (TCA) was simple: let the broker do it. Historically, asset managers have relied on their execution counterparties to provide post-trade reporting. It was a workflow of convenience. Brokers executed the trades and subsequently provided the analysis on how well they performed. However, this...

EVENT

Data Management Summit New York City

Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

What the Global Legal Entity Identifier (LEI) Will Mean for Your Firm

It’s hard to believe that as early as the 2009 Group of 20 summit in Pittsburgh the industry had recognised the need for greater transparency as part of a wider package of reforms aimed at mitigating the systemic risk posed by the OTC derivatives market. That realisation ultimately led to the Dodd Frank Act, and...