Euromoney Institutional Investor has announced that it is acquiring a 50 % stake in Estimize for $ 3.6mn . The deal is part of a $ 6mn Series B funding round , which will see Euromoney receive Series B preference stock , a board ##room seat and full information rights . Estimize is a comprehensive financial estimates platform which crowdsources earnings and economic estimates from hedge funds , institutional and independent firms as well as individuals .
Euromoney Institutional Investor has announced that it is acquiring a 10% stake in Estimize for $3.6mn. The deal is part of a $6mn Series B funding round, which will see Euromoney receive Series B preference stock, a board observer seat and full information rights. Estimize is a comprehensive financial estimates platform which crowdsources earnings and economic estimates from hedge funds, brokers and independent analysts as well as individuals.