Zeroflows Enable asset managers to improve liquidity search in EM/frontier equities Country: UK | City: London | Employees: 3 Year Started: February 2015 | Sector: Asset Management Product stage: Users | Website: zeroflows.com Team Product Team Founders: What is it? Zeroflows is a platform that enables asset managers to Yan Gloukhovski, CEO improve the way they search for blocks of shares 13 years of experience in EM equities - (stocks) in Emerging and Frontier markets. trading/salestrading/research. Cornell University, MBA INSEAD Revenue model: Software as a service (SaaS) Eugene Ratchinsky, CTO Scalability: 12 years of commercial experience delivering software Previous funding: $180,000 solutions in financial sector for Tier 1 financial Average monthly revenues: N/A institutions Barclays, RBC, Algorithmica. B. Eng Carleton Planned fundraising: $400,000 University Employees, Advisors & Investors: N/A Market What is the need or problem being satisfied? Currently searching for stocks: a. Involves a multitude of middlemen which results in information leakage and high transaction costs b. Is constrained by limited amount of sources which results in a lack of reliable information Zeroflows solves both of the above. Competitive Advantage: Zeroflows separates information from transaction, focussing on telling asset managers where to reach liquidity, rather than give them technology to execute a transaction. Zeroflows is also specifically built for less liquid stocks and EM & FM markets. All of the current competitor products are built for developed markets and then recycled for EM & FM. Market Size: Zeroflows will help brokerages capture $6bn in commissions generated in EM & Frontier stocks and enable asset managers to reduce $4bn in annual transaction costs. There are 5000 brokerages & 2000 asset managers in the space. Product is scalable to developed markets - 40,000 brokerages, 5000 funds. Competition: Bloomberg, Reuters, Algomi.

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