Embankment
Embankment is a financial services firm providing cloud-based fund administration and depositary services for alternative investment managers. The 94-person company raised $24M in a January 2026 Series A.
The growth story
Embankment grew from 14 to 94 employees between 2023 and 2026, raising $24M along the way, most recently a Series A in January 2026.
About
Embankment offers a digital platform for fund managers to outsource back-office operations like accounting, compliance, and investor reporting. Its cloud-native approach targets firms seeking to replace legacy systems with automated workflows.
The Copenhagen-based startup reached 94 employees since its 2022 founding, with operations being its largest department (22 staff). Its $24M Series A was led by BlackFin Capital Partners and other European investors.
Founders and leadership
Operations is Embankment's largest department with 22 staff, reflecting its focus on fund administration services. The leadership team appears lean, with median tenure at just one year across the organization.
The Embankment org chart
David Svante Hansen (Chief Executive Officer) leads 27 mapped leaders with 3 direct reports. Click +N to expand a team; names link to the person’s public profile.
Departments, and which ones grew
Headcount by function: Operations 26 (+86% YoY), Business Development 14 (+100% YoY), Finance 13 (+117% YoY), Engineering 9 (+50% YoY), Entrepreneurship 5 (+25% YoY), Military and Protective Services 5 (+400% YoY).
Talent flow
Embankment recruits heavily from Nordic financial institutions like Nordea (7 hires) and professional services firms EY (6) and Deloitte (5). Alumni have moved to fintech startups like CodeLab Capital and corporate roles at Danske Bank.
Most common previous employers of Embankment staff: Nordea (7), EY (6), Deloitte (5), The Many (4), Danske Bank (4), CSC (4). Former Embankment employees most often moved to Danske Bank (1), CodeLab Capital (1), Landfolk (1), Triple Trading (1), Boozt (1), WirelessCar (1).
Web traffic
Traffic mix: 0% direct, 0% search, 0% social, 0% paid.
What this company is made of
Most common skills at Embankment: Business Strategy (25), Financial Analysis (23), Management (22), Microsoft Office (21), English (21), Customer Service (21), Project Management (20), Microsoft Excel (20).
Where the team actually sits
Embankment people are concentrated in Capital Region of Denmark, Denmark (38), Copenhagen Metropolitan Area (7), Luxembourg (5), Central Denmark Region, Denmark (5). 2 offices on record.
Frequently asked
Embankment has 94 employees as of September 2026.
Embankment has raised $24M in total, most recently a Series A round in January 2026.
Embankment was founded in 2022 by Rasmus Hummelmose.
David Svante Hansen (Chief Executive Officer) sits at the top of Embankment's reporting structure, with 3 direct reports.
The most common previous employers of current Embankment staff are Nordea (7 people), EY (6 people), Deloitte (5 people).
Former Embankment employees most often move to Danske Bank (1), CodeLab Capital (1), Landfolk (1).
The most common skills among Embankment staff are Business Strategy, Financial Analysis, Management, Microsoft Office, English.
Embankment staff are concentrated in Capital Region of Denmark, Denmark (38), Copenhagen Metropolitan Area (7), Luxembourg (5).
Embankment has about 26 people in Operations, up 86% over the past year, as of September 2026.
Embankment has about 14 people in Business Development, up 100% over the past year, as of September 2026.
Computed from 73 current and 15 former Embankment profiles, as of September 2026. Source: Crustdata.
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