> For the complete documentation index, see [llms.txt](https://policies.fundapps.co/client-portal/-LubIC9uIsME-_T0mNXu/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://policies.fundapps.co/client-portal/-LubIC9uIsME-_T0mNXu/legal-information/governance/fundapps-group-structure-overview.md).

# FundApps Group Structure Overview

📝This page gives a clear overview of the FundApps Group structure and ownership chain as of April 2026.

## At a glance

* The ultimate controlling investors sit above the Rio Group entities. There are no external minority investors at the operating‑company level.
* The operating businesses are FundApps and SteelEye, with regional subsidiaries for certain markets.
* All operating subsidiaries are wholly owned, except where local law requires a nominal share to be held by a local director (noted below). None of the local formalities impact the group's control of its subsidiaries.
* There are no registrable beneficial owners; the company is controlled by its Board. Senior managing officials are disclosed as required under PSC/UBO regulations (see below).

***

## Ultimate beneficial ownership (UBO)

* Ownership is held via institutional holding companies within the Rio Group and staff shareholders.
* No single natural person meets the 25% UBO threshold. No individual directly or indirectly owns or controls 25% or more of the shares or voting rights in FundApps Ltd or SteelEye Limited.
* Control is exercised collectively by the Board; the directors may be treated as UBOs in their capacity as senior managing officials (SMOs).
* As no natural person can be identified via ownership or control, the following directors of Rio Group Topco Ltd are recorded as Persons with Significant Control in the capacity of Senior Managing Officials (SMOs):
  * Tom Gavin (Independent Chairman)
  * Brad Eric Bernstein, Richard Earnshaw, Max Weber (FTV)
  * Vivek Syal, Frederic Ceyte (FundApps)
  * Andrew Patrick White (Non-Executive Director)
* If you require Director identification details (such as certified passport), please send your request to <legal@fundapps.co>.
* Richard Earnshaw is [regulated by the FCA](https://register.fca.org.uk/s/individual?id=0030X00002F4vu0QAB).

***

## UK Persons with Significant Control (PSC)

* FundApps Ltd: Registrable PSC is Rio Group Topco Limited (Company No. 16541855), registered office 18th Floor, Hylo 105 Bunhill Row, London, England, EC1Y 8LZ. [\[1\]](https://find-and-update.company-information.service.gov.uk/company/16541855)
* SteelEye Limited: Registrable PSC is Rio Group Topco Limited (Company No. 16541855), registered office 18th Floor, Hylo 105 Bunhill Row, London, England, EC1Y 8LZ. [\[1\]](https://find-and-update.company-information.service.gov.uk/company/16541855)

***

## Ownership chain (top to operating companies)

{% stepper %}
{% step %}
**FTV VIII, L.P. (Delaware)**

Registration number 3974123.

Address: 601 California Street, Floor 19, San Francisco, CA, USA, 94108

Top-level investor entity. Holds 51.3499% of FTV-FA. Remaining minority interest held by other investors with no one entity or natural person holding over 25%.
{% endstep %}

{% step %}
**FTV- FA Aggregator, L.P (formerly Rio TopCo, L.P.) (Delaware)**

Holds 81.28% of Topco. Remaining minority held by shareholders.

No individual holds 25% of the ownership interests or voting rights of the LP. The LP does not (and is not required to have) a share register (as it does not have shares). Its function in this structure is to act as an aggregator vehicle for FTV and any co-investors.
{% endstep %}

{% step %}
**Rio Group Topco Limited (England & Wales)**

Holds 100% of Midco.
{% endstep %}

{% step %}
**Rio Group Midco Limited (England & Wales)**

Holds 100% of Bidco.
{% endstep %}

{% step %}
**Rio Group Bidco Limited (England & Wales)**

Holds 100% of Falcon Group Bidco Limited and FundApps Ltd.
{% endstep %}

{% step %}
**Falcon Group Bidco Limited (England & Wales)**

Holds 100% of SteelEye Limited.
{% endstep %}
{% endstepper %}

***

## Operating companies and subsidiaries

<table><thead><tr><th>Entity</th><th width="173">Jurisdiction</th><th width="120">Ownership</th><th>Notes</th></tr></thead><tbody><tr><td>FundApps Ltd</td><td>England &#x26; Wales</td><td>100%</td><td>Owned by Rio Group Bidco Limited</td></tr><tr><td>FundApps Inc</td><td>Delaware, USA</td><td>100%</td><td>Owned by FundApps Ltd</td></tr><tr><td>FundApps Pte Ltd</td><td>Singapore</td><td>100%</td><td>Owned by FundApps Ltd</td></tr><tr><td>SteelEye Limited</td><td>England &#x26; Wales</td><td>100%</td><td>Owned by Falcon Group Bidco Limited</td></tr><tr><td>SteelEye US Inc.</td><td>Delaware, USA</td><td>100%</td><td>Owned by SteelEye Limited</td></tr><tr><td>SteelEye Singapore Private Limited</td><td>Singapore</td><td>100%</td><td>Owned by SteelEye Limited</td></tr><tr><td>SteelEye Portugal Unipessoal, LDA</td><td>Portugal</td><td>100%</td><td>Owned by SteelEye Limited</td></tr><tr><td>SteelEye India Private Limited</td><td>India</td><td>99.9%*</td><td>*One equity share is held by a local director to meet local law. SteelEye Limited retains a call option over that share.</td></tr></tbody></table>

***

## Registered numbers and addresses

<table data-full-width="true"><thead><tr><th>Entity</th><th width="124">Company / Registration Number</th><th width="192">Registered Address</th><th width="206">Office Address</th><th>Jurisdiction</th></tr></thead><tbody><tr><td>FundApps Ltd</td><td>07380035</td><td>6th Floor 9 Appold Street, London, United Kingdom, EC2A 2AP</td><td>18th Floor, HYLO, 105 Bunhill Row, London EC1Y 8LZ</td><td>United Kingdom</td></tr><tr><td>FundApps Inc</td><td>6128527</td><td>Corporation Trust Center, 1209 Orange Street, Wilmington, New Castle County, Delaware 19801</td><td>276 5th Ave. Suite 502-503, New York, NY 10001, USA</td><td>Delaware, USA</td></tr><tr><td>FundApps Pte Limited</td><td>202301523G</td><td>5 Shenton Way, #12-01 UIC Building, Singapore 068808</td><td>71 Robinson Road, Singapore 068895</td><td>Singapore</td></tr><tr><td>SteelEye Limited</td><td>10581067</td><td>5th Floor, 55 Strand, London, WC2N 5LR</td><td>5th Floor, 55 Strand, London, WC2N 5LR</td><td>England &#x26; Wales</td></tr><tr><td>SteelEye US Inc.</td><td>5421210</td><td>919 North Market Street, Suite 725, Wilmington, County of New Castle, Delaware 19801, USA</td><td>600 Fifth Avenue, New York, NY 10020, USA</td><td>Delaware, USA</td></tr><tr><td>SteelEye Singapore Private Limited</td><td>202408545M</td><td>600 NORTH BRIDGE ROAD #23-01 PARKVIEW SQUARE SINGAPORE 188778</td><td>600 NORTH BRIDGE ROAD #23-01 PARKVIEW SQUARE SINGAPORE 188778</td><td>Singapore</td></tr><tr><td>SteelEye Portugal Unipessoal, LDA</td><td>516372009</td><td>Avenida da República, Nº 50, 10º, 1069-211 Lisboa, Portugal</td><td>Avenida da República, Nº 50, 10º, 1069-211 Lisboa, Portugal</td><td>Portugal</td></tr><tr><td>SteelEye India Private Limited</td><td>U74999KA2018FTC109662</td><td>No 7 KSRTC LAYOUT, CHIKKALASANDRA, BANGALORE, Bangalore, Karnataka, India, 560061</td><td>No 7 KSRTC LAYOUT, CHIKKALASANDRA, BANGALORE, Bangalore, Karnataka, India, 560061</td><td>India</td></tr></tbody></table>

***

## Visual chart

<figure><img src="/files/r00PEZ0mdkqnweaVSQhu" alt=""><figcaption></figcaption></figure>

***

## Contacts

For confirmations required in RFPs, DDQs, identification documents or contractual schedules, please reach out to the Legal team on <legal@fundapps.co>.


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