FLX Networks Secures $10 Million in Strategic Investments, Led by Barings
11.03.22
Allianz Life Ventures and Broadridge Financial Solutions join asset manager, rounding out global investment in modernized model
BERNARDSVILLE, N.J., Nov. 3, 2022 /PRNewswire/ -- FLX Networks, the technology platform modernizing the engagement between asset and wealth management firms, today announced a capital raise of $10 million. The growth equity round, which values the company at approximately $50 million, was led by global investment manager Barings, with participation from industry leaders Allianz Life Ventures and Broadridge Financial Solutions (NYSE: BR).