Thalēs
Thalēs is a New York-based, SEC/FINRA-regulated fintech intermediary that connects institutional allocators with alternative fund managers via its Agora capital introduction platform, Harvest post-trade portal, and capital raising, manager research, and derivatives brokerage services.
- Company typePrivate
- Founded2012
- HeadquartersNew York, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Thalēs does
Thalēs is a New York-based fintech intermediary serving the alternative investment industry through a platform-plus-services model. Founded in 2012 by Stephan Solomon and Marc Cohen after senior careers at Prudential Securities, Société Générale's Fimat, and Newedge, the firm operates through two regulated entities: Thalēs Trading Solutions LLC (CFTC/NFA-registered introducing broker) and Thalēs Capital Partners LLC (SEC/FINRA/SIPC-registered broker-dealer). Thalēs serves institutional investors (endowments, foundations, family offices, pensions, consultants, fund-of-funds), alternative fund managers (hedge funds, private credit, private equity, infrastructure), and commodity traders across global markets.
The company's core technology consists of two proprietary platforms: Agora, a digital capital introduction platform that enables institutional investors to discover, evaluate, and connect with alternative investment managers through curated profiles, filtering, peer group comparisons, document sharing, virtual events, and a reverse-solicitation connection model; and Harvest, a post-trade operations portal that consolidates futures and FX data across multiple banks and FCMs, providing matching-engine reconciliation, interactive trade allocation, custom reporting, and a Notification Center for trigger-event alerts. Harvest is built on technology provided by Gravitas. These platforms are complemented by three professional service lines: Capital Raising Services for fund managers, Investment Manager Research for institutional allocators, and Derivatives Brokerage for commodity traders. The 2014 Jefferies multi-year technology partnership validated the platform against a major broker, and the firm spun off its Fintech unit in 2017.
Thalēs monetizes through professional-services retainers for capital raising, subscription or recurring research fees for manager sourcing, and transaction-based brokerage fees for clearing and execution. Pricing is quote-based with a reported $45M+ average ticket size and multi-year enterprise contracts; no public pricing exists. The go-to-market is high-touch, relationship-led enterprise sales. The firm has facilitated over $4B in capital raises for alternative fund managers and reports working with 900+ global investment firms. Thalēs is privately held, has no disclosed external funding rounds, and operates from offices in New York and Chicago with 11-50 employees.
Thalēs firmographics
Firmographics- Name
- Thalēs
- Legal name
- Thalēs Trading Solutions LLC
- Website
- https://thales.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Thalēs is a New York-based, SEC/FINRA-regulated fintech intermediary that connects institutional allocators with alternative fund managers via its Agora capital introduction platform, Harvest post-trade portal, and capital raising, manager research, and derivatives brokerage services.
- Ownership category
- akta.pro rank
Thalēs industry classification
Industry- Product category
- Alternative Investment Capital Introduction & Brokerage
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231), Commodity Contracts Intermediation (52316)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Institutional API Connectivity, OMS/EMS & FIX Gateways (FSADAJAJ)
- akta.pro secondary industry
- Liquidity Aggregation & Smart Order Routing (FSADAJAD)
Keywords
Where Thalēs is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Thalēs business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Capital Raising Services: Strategic, curated capital raising support for alternative fund managers, providing access to a curated network of institutional investors throughout the fundraising process.
- Investment Manager Research: Sourcing and vetting alternative investment managers to align with institutional investor objectives.
- Derivatives Brokerage: High-touch brokerage support with multi-broker access for clearing, execution, and operational coordination in futures, options, and FX markets.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Enterprise institutional services |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
Thalēs product offering
Product offeringCore offering
Thalēs is a fintech firm that delivers capital introduction and institutional placement services for alternative fund managers, sourced-and-vetted investment manager research for institutional allocators, and high-touch derivatives brokerage with multi-broker post-trade reconciliation for commodity traders. These services are delivered alongside two proprietary technology platforms — Agora for alternative investment manager discovery and Harvest for multi-FCM post-trade operations — operated through two SEC/FINRA/CFTC-registered entities.
Product overview
Thalēs is a fintech company offering a platform-plus-services model for the alternative investment industry. The core products consist of Agora (a digital capital introduction platform for alternative investment manager discovery and engagement) and Harvest (a post-trade operations portal for multi-broker data consolidation and reconciliation). These are complemented by three service offerings: Capital Raising Services for fund managers, Investment Manager Research for institutional investors, and Derivatives Brokerage Services for commodity traders. The platform enables fund managers to showcase their strategies and allocators to discover and connect with managers through a reverse-solicitation model.
Differentiator
Problem solved
Functional benefit
Brands
- Agora: A digital capital introduction platform for alternative investment discovery, enabling investors to discover, evaluate, and connect with alternative investment managers through a curated, investor-focused platform.
- Harvest
Products and services
- Agora A digital capital introduction platform enabling institutional investors to discover, evaluate, and connect with alternative investment managers through curated profiles, peer group comparisons, document sharing, connection requests, virtual events, and monthly report publishing. Built for institutional allocators (endowments, foundations, family offices, pensions, consultants, fund-of-funds).
- Harvest A post-trade operations portal that consolidates futures and FX data across multiple banks and FCMs, enabling clients to manage multi-FCM environments with a matching engine for reconciliation, interactive trade allocation, custom data-querying, graphically rich reports, and a Notification Center. Built for commodity traders and firms with multi-broker clearing relationships.
- Capital Raising Services Strategic, curated capital raising support connecting alternative fund managers (hedge funds, private credit, private equity, infrastructure) with institutional capital through access to a curated network of engaged investors throughout the fundraising process.
- Investment Manager Research Sourcing and vetting of alternative investment managers to align with institutional investor objectives, providing institutional allocators with access to a select group of alternative investment managers along with structured due diligence and peer group comparison tools.
- Derivatives Brokerage Services High-touch derivatives brokerage with multi-broker access for clearing, execution, and operational coordination in futures, options, and FX markets, including post-trade workflow streamlining through the Harvest portal.
Quantifiable outcome
- $4B+ capital raised for alternative fund managers
- +2 more outcomes
Companies that use Thalēs
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
Thalēs technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Thalēs partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- JefferiescoreMulti-year technology partnership where Thalēs serves as a key technology partner to enhance and support Jefferies' brokerage activities. Thalēs provides an advanced web-based application to support Jefferies' expanding client base in futures, options, and foreign exchange. The partnership reinforces Thalēs' strategy of differentiating from the traditional introducing broker model by showcasing proprietary technology.
Scale indicators6 records
Recent moves8 records
Expansion highlights5 records
Thalēs competitors and assessment
Company assessmentDirect peers
- iConnections: Digital platform for institutional capital introduction, fund manager sourcing, and alts-focused conferences. Directly comparable to Thalēs' Agora + events offering and serves the same allocator-to-manager discovery workflow.
Broad incumbents
- iCapital Network: Large, venture-backed marketplace connecting institutional investors with alternative investment managers and private markets funds. Competes with Thalēs' capital introduction service at greater scale and with broader product coverage.
- CAIS: Alts platform providing independent advisor and institutional access to hedge funds and private markets. Overlaps with Thalēs' manager-sourcing and research functions but at meaningfully larger scale with significant VC backing.
- Goldman Sachs Prime Brokerage Capital Introduction: In-house capital introduction team at a tier-1 prime broker. Competes directly with Thalēs' placement services by connecting hedge fund clients with institutional allocators through events, research, and one-on-one meetings.
- J.P. Morgan Prime Brokerage Capital Introduction: Capital introduction function within JPM's prime brokerage business. Thalēs' leadership includes former JPM prime brokerage senior MDs (e.g., Peter Lacalamita), making this the most direct large-firm benchmark for Thalēs' placement model.
- Morgan Stanley Capital Introduction: Capital introduction and hedge fund advisory team within Morgan Stanley's prime brokerage. Targets the same institutional allocator and hedge fund manager client base that Thalēs serves through its capital raising and brokerage services.
Emerging players
- Moonfare: Digital private equity and alternatives platform with curated fund offerings for investors. Comparable to Thalēs' alternative manager discovery and vetting workflow, though primarily focused on private markets rather than hedge funds.
- Six Trees Capital Group: Independent capital introduction and placement agent serving hedge fund and alternative managers. Highly comparable boutique peer to Thalēs Capital Partners' placement business model.
Others
- Maples Group (Fund Services): Major fund services and fiduciary provider adjacent to the alts ecosystem. Comparable client base (institutional investors and fund managers) and overlap with Thalēs' investment manager research service offerings.
- SS&C GlobeOp: Post-trade and middle-office services for hedge funds and asset managers, including multi-broker reconciliation. Comparable technology adjacency to Thalēs' Harvest post-trade portal in serving multi-FCM operational workflows.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Thalēs social profiles
Digital presenceThalēs compliance and trust
Trust signalCompliance5 records
Thalēs financial estimates
Financial estimateRevenue estimate
Valuation estimate
Thalēs leadership team
Management profileNumber of profiles
Profiles8 records
Thalēs funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Thalēs M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Thalēs
What does Thalēs do?
Thalēs is a fintech firm that delivers capital introduction and institutional placement services for alternative fund managers, sourced-and-vetted investment manager research for institutional allocators, and high-touch derivatives brokerage with multi-broker post-trade reconciliation for commodity traders. These services are delivered alongside two proprietary technology platforms — Agora for alternative investment manager discovery and Harvest for multi-FCM post-trade operations — operated through two SEC/FINRA/CFTC-registered entities.
Is Thalēs a public or private company?
Thalēs is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Thalēs founded?
Thalēs was founded in 2012. It employs 11 to 50 people.
Where is Thalēs based?
Thalēs is headquartered in New York, United States, in the North America region.
How does Thalēs make money?
Three revenue lines are on record. Capital Raising Services are the primary driver. The others are investment Manager Research and derivatives Brokerage.
Who are Thalēs's main competitors?
iConnections is listed as a direct peer. Broad incumbents are iCapital Network, CAIS, Goldman Sachs Prime Brokerage Capital Introduction, J.P. Morgan Prime Brokerage Capital Introduction and Morgan Stanley Capital Introduction. Emerging players are Moonfare and Six Trees Capital Group. Others are Maples Group (Fund Services) and SS&C GlobeOp.
Does Thalēs have an API?
No public API is recorded for Thalēs.
What industry is Thalēs in?
Thalēs's product category is Alternative Investment Capital Introduction & Brokerage. Its primary akta.pro industry code is FSADAJAJ, Institutional API Connectivity, OMS/EMS & FIX Gateways, with a secondary code of FSADAJAD, Liquidity Aggregation & Smart Order Routing. Its NAICS code is 5231 and its SIC code is 6211.