Vinyl Equity Secures $11.5M Seed Round for Modern Transfer Agent Platform

Vinyl Equity, a company focused on modernizing transfer agent services, has raised an $11.5 million seed round co-led by Index Ventures and Spark Capital. Traditional transfer agents have relied on outdated, error-prone processes, often resulting in inefficient equity management. This new capital will help Vinyl Equity enhance their platform, which offers real-time visibility and automation to streamline administrative workflows. Through integration with cloud-native fintech, AI, and machine learning, Vinyl Equity's platform addresses compliance, automates shareholder record reconciliation, and removes the need for outdated practices like the Medallion Signature Guarantee. The platform aims to connect stakeholders and streamline processes, ultimately saving issuers time and money while reducing compliance risks.