[Funding News] ZEMA Global Data Corporation Secures Growth Equity Investment

ZEMA Global Data Corporation (formerly ZE PowerGroup), a leading provider of enterprise data management and analytics for the commodity and energy sectors, announced it has secured a significant growth equity investment from FTV Capital, a sector-focused growth equity investment firm with a successful 25+-year track record of investing in enterprise and financial technology.

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Formerly known as ZE PowerGroup, the company has been renamed ZEMA Global Data Corporation to reflect its position in the highly dynamic global energy and commodities market. FTV Capital’s investment will enable ZEMA to expand its global presence and serve a rapidly growing customer base as the energy transition fuels demand for increasingly complex data and analytics.

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Alongside existing board members Dr. Zak El-Ramly (chairman), Aiman El-Ramly and Nader El-Ramly, as part of this growth investment, Robert Anderson, partner at FTV Capital, Brent Fierro, principal at FTV Capital, Payam Vadi, vice president at FTV Capital, and Andrea Remyn Stone (CEO), joined ZEMA’s board of directors.

Dr. Zak El-Ramly, founder and former CEO of ZEMA, will remain actively involved in the business, assuming the role of chairman of ZEMA and working alongside Stone to continue driving the company’s vision and strong growth trajectory. D.A. Davidson served as exclusive strategic and financial advisor to ZEMA Global Data Corporation. Financial terms were not disclosed. Industry veteran Andrea Remyn Stone named as CEO to drive business expansion for leading enterprise data and analytics platform serving the energy and commodities industry

“Andrea’s immense expertise and proven track record of growing and scaling innovative data companies make her an excellent fit to chart our next chapter of growth,” said Dr. Zak El-Ramly, founder of ZEMA Global Data Corporation. “With FTV’s investment, we gain not only vital growth capital but also a partner that brings value-added insights and a vast network to help us deliver our award-winning platform to an expanding global customer base across multiple industries.”

“ZEMA’s long standing reputation for high quality and integrity has earned industry awards and top rankings, supported by a culture with a passion for data and deep trust in its people,” said Stone. “I’m excited to pursue opportunities to deepen our analytics offering and enhance our services to better serve clients and to help the industry realize its potential in this next chapter of growth ahead.”

About ZEMA Global Data Corporation

Established in 1995, ZEMA Global Data Corporation’s sole purpose is to help clients to be more efficient through information automation and superior services. ZEMA™ is comprehensive data integration, and analytics platform for resolving data management and business process automation challenges. By providing unrivaled data collection, analytics, curve management, and integration capabilities, ZEMA offers end-to-end automated business process solutions for clients in all markets and industries. ZEMA serves small to large-scale globally positioned clientele.