About Algomi
Algomi is a company based in London (United Kingdom) founded in 2012 by Usman Khan was acquired by BGC Partners in March 2020.. Algomi has raised $10 million across 5 funding rounds from investors including Euroclear, S&P Global and Euronext. The company has 6 employees as of December 31, 2021. Algomi operates in a competitive market with competitors including GAIN Capital, Nasdaq Private Market, TradAir, Lemon Markets and GLMX, among others.
- Headquarter London, United Kingdom
- Employees 6 as on 31 Dec, 2021
- Founders Usman Khan
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Algomi Limited
- Date of Incorporation 19 Jun, 2012
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
$5.15 M (USD)-24as on Dec 31, 2016
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Net Profit
$-3.68 M (USD)41as on Dec 31, 2016
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EBITDA
$-3.69 M (USD)53as on Dec 31, 2016
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Total Equity Funding
$10 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
Euroclear
& 5 more
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Employee Count
6
as on Dec 31, 2021
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Acquired by
BGC Partners
(Mar 06, 2020)
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Leadership Team
45 people
Software Development Team
37 people
Product Management Team
13 people
Legal and Compliance
12 people
Finance and Accounting
11 people
Head Team
10 people
Data Analysis and Operations Team
9 people
Sales and Marketing
7 people
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Funding Insights of Algomi
Algomi has successfully raised a total of $10M across 5 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Last Round
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2018 | Amount | Series A - Algomi | Valuation | Euroclear |
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| Sep, 2017 | Amount | Series A - Algomi | Valuation | S&P Global |
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| Mar, 2017 | Amount | Series A - Algomi | Valuation | Euronext |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Algomi
Algomi has secured backing from 6 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Euroclear, S&P Global and Euronext. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investment firm
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Founded Year | Domain | Location | |
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Provider of post-trade services for financial markets
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Founded Year | Domain | Location | |
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Platform offering business intelligence solutions that combine data and actionable analytics for clients
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Algomi
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Algomi
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Algomi Comparisons
Competitors of Algomi
Algomi operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as GAIN Capital, Nasdaq Private Market, TradAir, Lemon Markets and GLMX, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
White-label front-end trading solutions for capital markets are provided.
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| domain | founded_year | HQ Location |
White-labelled software for private market investments is provided to organizations.
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| domain | founded_year | HQ Location |
Front office optimization solutions are provided to financial institutions.
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| domain | founded_year | HQ Location |
API-based automated trading solutions are offered to brokers.
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| domain | founded_year | HQ Location |
Multi-asset trading platform for institutional investors is operated online.
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| domain | founded_year | HQ Location |
Web-based matching and negotiation tools across multiple asset classes
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Algomi
Frequently Asked Questions about Algomi
When was Algomi founded?
Algomi was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Algomi located?
Algomi is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Algomi a funded company?
Algomi is a funded company, having raised a total of $10M across 5 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Jun 01, 2013.
How many employees does Algomi have?
As of Dec 31, 2021, the latest employee count at Algomi is 6.
What is the annual revenue of Algomi?
Annual revenue of Algomi is $5.15M as on Dec 31, 2016.
What does Algomi do?
Founded in 2012 and based in London, United Kingdom, Algomi operates in the fixed income securities sector, serving buy-side and sell-side participants. A bond information network is provided through the Honeycomb software suite, which connects salespeople, traders, and investors. Data is harnessed securely to facilitate large and illiquid voice trades among banks, institutional investors, inter-dealer brokers, and exchanges, while sales and trading operations are supported.
Who are the top competitors of Algomi?
Algomi's top competitors include GAIN Capital, Nasdaq Private Market and Lemon Markets.
Who are Algomi's investors?
Algomi has 6 investors. Key investors include Euroclear, S&P Global, Euronext, Lakestar, and BGC Partners.
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