Bloqhouse Technologies, an Amsterdam-based fintech company, has announced that it has reached the €1 billion mark in funding volume via its platform. 

In recent years, private markets have become increasingly popular as investors look to diversify their portfolios beyond traditional public markets. 

According to a report by PwC, the total value of global private markets exceeded $7 trillion in 2020, and this figure is expected to continue growing in the coming years. 

Bloqhouse Technologies has been at the forefront of this market, providing clients with the tools they need to manage their funds, assets, loans, and equity more efficiently.

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Founded by Tim Rutgers in 2016, Bloqhouse Technologies provides cloud-based software solutions to manage their funds, assets, loans, and equity more efficiently. 

In a statement, Tim Rutgers, CEO and founder of Bloqhouse Technologies, expressed his delight at reaching this milestone: “We are thrilled to have reached this significant milestone! It serves as a big achievement for our team, and reflects the trust and confidence that our clients have in our solutions. We remain committed to driving positive change in the financial industry and helping our clients succeed.”

The company has digitalised the funding pipeline, helping make the process of raising capital simple and cost-efficient. 

Bloqhouse is creating the digital backbone for effective fund management that’s inclusive of an automated KYC process and empowers investors through an extraordinary digital experience.

Currently, the Dutch company is providing white-label fund management software to 40+ clients across the spectrum of investment classes in the private markets.

In April 2022, Chromaway invested €2.1 million in Bloqhouse Technologies to allow the company to scale up its development and account management capacity. This investment has enabled the company to address the growing demand for its Fund Management Platform. 

Besides the Fund Management Platform, Bloqhouse Technologies has also launched two new products: the Loan Administration Platform and the Cap Table Platform. 

These solutions provide financial institutions, loan servicing companies, and businesses with the tools they need to streamline their loan administration processes and manage equity ownership more effectively.