FINCAD
Surrey, British Columbia, Canada
2023 Revenue
$10.9M(Est.)
Funding
$15.8M
Team · 2021
139
Founded
1990
FINCAD Revenue & Funding (2023)
FINCAD generated an estimated $10.9M in annual revenue in 2023. Source: GetLatka estimate
Developer of financial risk analytics software intended to help firms make better investment and risk decisions. The company's software platform provides derivative analytics technology, modeling and analytics, risk management, derivatives software, hedge accounting, and other financial software to global asset managers, hedge funds, businesses, and individuals, enabling organizations to enhance investment returns, manage risk, reduce costs, comply with regulations, and provide confidence to investors and shareholders better.
Last updated
FINCAD Revenue
In 2023, FINCAD's revenue reached $10.9M. The company previously reported $7.9M in 2021.
| Year | Milestone | Source |
|---|---|---|
| 2023 | FINCAD Hit $10.9m revenue in October 2023 | Estimated |
| 2021 | FINCAD Hit $7.9m revenue in April 2021 | Not recorded |
| 1990 | Launched with $0 revenue |
FINCAD Valuation, Funding Rounds
FINCAD has not publicly disclosed its valuation. The company has raised $15.8M in total funding to date.
FINCAD has raised $15.8M in total funding across 2 rounds, with its most recent round in 2019.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2019 | Funding round | $12M | - | - | Not recorded |
| 2002 | Funding round | $3.8M | - | - | Not recorded |
Founder / CEO
Mark D'Arcy
CEO
A former systems engineer, Mark has more than 20 years of experience building and leading global risk functions within financial institutions, driving change in complex and ambiguous situations, and spearheading innovation. Mark is a graduate from the University of California, San Diego, and holds an MBA from New York University’s Leonard N. Stern School of Business.
Customers
We do not have customer count information for FINCAD yet.
FINCAD Employees & Team Size
FINCAD employs approximately 139 people as of 2026, including 2 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 139 employees (April 2021) | Not recorded |
Frequently Asked Questions about FINCAD
Is FINCAD still an independent company?
No. FINCAD was acquired by Numerix.
What is FINCAD's revenue?
As of 2023, FINCAD generated an estimated $10.9M in annual revenue.
Who founded FINCAD?
FINCAD was founded by Mark D'Arcy.
How much funding does FINCAD have?
FINCAD raised $15.8M across 2 rounds.
How many employees does FINCAD have?
As of 2021, FINCAD had 139 employees.
Where is FINCAD headquartered?
FINCAD is headquartered in Surrey, British Columbia, Canada.
Compare FINCAD to the industry
FINCAD operates across multiple industries. Browse revenue, funding, and growth data for FINCAD in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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