ETFBOOK raises $13M to expand ETF data and analytics globally

SquaredData AG, trading as ETFBOOK, has successfully secured $13 million in funding to broaden its reach into the ETF data and analytics market. Led by Expedition Growth Capital, the investment round was joined by existing investor BlackFin Capital Partners. ETFBOOK specializes in aggregating fragmented ETF data from various sources into a unified platform, serving a diverse clientele including issuers, fund administrators, and market participants.

As the global ETF market has burgeoned, with assets under management reaching $25 trillion and projected to soar to $35 trillion by 2030, the demand for comprehensive data solutions has skyrocketed. ETFBOOK's platform currently caters to over 1,300 new funds launched in Europe and the US alone in 2026. The company's products are designed to streamline ETF data operations, making them indispensable for AI-native applications.

Pawel Janus, co-founder and CEO of ETFBOOK, emphasized that the newly raised capital will enable the company to extend its AI-native approach into the Americas and Asia-Pacific markets, areas it has not previously dominated. ETFBOOK's offerings are segmented into three domains: Data (via standardized APIs), Analytics (delivered through an interactive web application), and Workforce (a suite of tools for managing and integrating verified ETF data with existing workflows). The company is also integrating AI tools to automate data processing and distribution.

Furthermore, with this influx of funding, ETFBOOK plans to augment its product suite and data coverage as it ventures into new international markets. The company is set to establish a presence in the United States and Hong Kong, complemented by additional hires at its existing Kraków hub to accommodate this strategic expansion.