London, UK – 18th April, 2023 – Vortexa today announced that Communitas Capital, took a stake in Vortexa – the leading real-time energy analytics company.

The partnership with Vortexa is combined with the firepower of Communitas Capital founders; Tom Glocer, Lead Board Director at Morgan Stanley and former CEO at Thomson Reuters alongside other industry heavyweights; Duncan Niederauer, the former CEO of NYSE and Partner at Goldman Sachs and Doug Atkin, the former CEO Instinet

While CEO at Thomson Reuters, Tom oversaw one of the largest news and information organizations in the world, including its financial terminal business before it became Refinitiv as part of the spin off transaction led by a Blackstone consortium in 2018 and later sold to London Stock Exchange in an all-share transaction valued at $27 billion.

In Tom Glocer’s words, “The traditional financial information networks were primarily based on the aggregation and distribution of market data. Vortexa is the first information platform of its kind using advanced AI to create a real-time fundamental view of the multi-trillion-dollar energy market. The speed in which Vortexa is attracting and working with the top energy traders in the market is a clear indication of something immensely valuable in the making.”

Fabio Kuhn, CEO of Vortexa: “Tom is a true legend in the financial information and news industry. In the game of basketball, our partnership would be the equivalent to having Michael Jordan joining the team – and I could not be more excited about the game plan we will build together.”

+++ Ends +++

About Communitas Capital

Communitas Capital is a New York based venture capital firm founded by financial industry veterans Doug Atkin, former CEO of Instinet, Tom Glocer, former CEO of Thomson Reuters, and Duncan Niederauer, former CEO of The New York Stock Exchange. Communitas invests in early-stage businesses in financial technology and other verticals – such as real estate tech, insurance, alternative data, blockchain and digital marketplaces – that demonstrate similar disruptive characteristics.

About Vortexa

Vortexa provides market-leading real-time data and advanced analytics for energy and freight markets. With the most accurate and complete picture of global flows, freight and inventories, Vortexa covers crude oil, refined products, LPG and LNG, across all vessel classes. We help traders, analysts and freight professionals gain a competitive edge into complex and opaque markets by making better trading decisions with confidence. Vortexa is a multidisciplinary force of over 115 employees combining the best of energy and freight expertise, data science and engineering across major hubs in London, Singapore, Houston, New York City and the UAE.

Media Contacts:

Comunitas: [email protected]Vortexa: [email protected]