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: Data platform modernisation: Best practice approaches for unifying data, real time data and automated processing

Date: 17 March 2026 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Financial institutions are evolving their data platform modernisation programmes, moving beyond data-for-cloud capabilities and increasingly towards artificial intelligence-readiness. This has shifted the data management focus in the direction of data unification, real-time delivery and automated governance. The drivers of...

BLOG

ITRS Acquires IP-Label to Expand Digital Experience Monitoring Capabilities

ITRS, the performance monitoring and analytics provider, has agreed to acquire IP-Label, the Paris-based specialist in Digital Experience Monitoring (DEM) and performance analytics, with the aim of strengthening its DEM capabilities and expanding its presence in Europe. The acquisition brings IP-Label’s Ekara platform into the ITRS portfolio, adding capabilities including Synthetic Transaction Monitoring (STM), Real...

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

Preparing For Primetime – How to Benefit from the Global LEI

They say time flies when you’re enjoying yourself, and so it seems the industry have been having a blast with its preparations for the introduction of the global legal entity identifier (LEI) next month. But now it’s time to get serious. To date, much of the industry debate has centred on the identifier itself: its...