Baton Systems

Private

Fremont, CaliforniaFinTechhttps://batonsystems.com/

Last Round

Series A

Jan 21, 2025

Total Funding Raised

$37.3M

Company Overview

Baton Systems is a fintech company that provides a distributed ledger technology platform for real-time clearing, settlement, and payments for financial institutions.

Sector

FinTech

Verticals

Blockchain Infrastructure, Digital Payments, Corporate Banking

Business Model

B2B

Customer Profile

Subscription SaaS, Services & Consulting

AI Layer

Application

Keywords

post-trade processingcollateral managementdistributed ledger technologyDLTreal-time settlementT+0 settlementliquidity optimizationcapital markets infrastructurepayment orchestrationsettlement automationcross-border settlementfinancial workflow automationfintech infrastructureintraday liquidityblockchain settlementinstitutional banking software

Historical Pricing

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Caplight Momentum Score

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Baton Systems Comps

Public and private peers based on sector, stage, and business model.

Baton Systems comps — public and private peers by sector, stage, and business model
Company	Status	Est. Valuation	Rev Multiple
OpenAI	Private	$86.0B	~40x
Cohere	Private	$5.0B	--
Competitor 1	Public	$XX.XB	XXx
Competitor 2	Public	$XX.XB	XXx

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Baton Systems Funding Rounds

Historical fundraising activity

Data table
Round	Date	Amount Raised	Valuation	Investors	Sources
Series A	Jan 21, 2025
Seed	Nov 14, 2023
Series A Extension	Jan 30, 2020
Series A	Aug 30, 2019
Seed	Nov 1, 2016

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Key People

Founding team and executive leadership

David Ornstein

Chief Operating Officer

Executive Team

Baton Systems Investors

Notable investors and investment history

Baton Systems investors
Investor	Rounds
Burst Capital	Series A
Techstars	Seed
Commerce Ventures	Series A
Obvious Ventures	Series A
Fluent Ventures	Series A
Dorm Room Fund	Seed
Zeno Ventures	Series A

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Market signals

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May 22, 2025
Fnality partnership follows successful proof-of-concept for FX settlement.
Mar 5, 2025
Launched the Integration Manager for post-trade, payments, and settlements.

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Baton Systems Filings

SEC and related filings with document metadata.

Data table
Typed	Date	Amount Offered	Amount Sold	Filling	Pages	Download
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Baton Systems Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersFremont, California

Employee Range143

Year Founded2016

Last FundingJan 21, 2025

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