Atreyu, a technology-driven brokerage for data-driven financial traders, has agreed to terms with Decathlon Capital on a multi-million-dollar investment that will fund growth.
Atreyu’s trading platform delivers market access technology to professional traders without the multi-million-dollar technology buildout or months-long wait. The platform serves medium-sized quant funds that require the low-latency infrastructure and benefit from the wholesale pricing that Atreyu provides. The company also offers a compliance and risk management solution.
“Atreyu supports traders that develop new machine learning, data-driven algos,” said George Kledaras, CEO of Atreyu. “Our technology is a state-of-the-art trading platform that delivers low latency access to institutional trading destinations without fixed infrastructure costs. We have been helping clients automate their trading strategies since 2016.”
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Atreyu will use the Decathlon Capital investment to fund sales expansion and growth into new markets.
“Decathlon Capital’s support speeds up Atreyu’s growth strategy, allowing us to connect with more traders and funds that can benefit from Atreyu’s powerful platform and innovative financial technology,” said John Pyrovolakis, board director for Atreyu.
Unlike traditional equity investments, Decathlon Capital’s funding comes without any exchange of ownership or company control.
“Atreyu’s technological innovation and strong execution in a high-growth market is impressive,” said John Borchers, managing partner of Decathlon Capital. “Our support powers the company into new markets where high operating leverage and long-term growth opportunity awaits.”
