About Algomi
Algomi is a Technology company based in London (United Kingdom) founded in 2012 by Usman Khan, and was acquired by BGC Partners in March 2020. Fixed income trading software is developed for market participants. Algomi has raised $10 million across 5 funding rounds from investors including Euroclear, S&P Global and Euronext. The company has 6 employees. Its focus areas include FinTech, Investment Tech, Capital Market IT and Trade Management. Its legal entity is ALGOMI LIMITED. Its competitors include Lemon Markets and Tradefeedr; 2 of its 2 listed competitors have raised funding.
Company details
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.
- Headquarters London, United Kingdom
- Employees 6
- Founders Usman Khan
- Stage Acquired
- SectorsTechnology
- Website algomi.com
- Social LinkedIn X Facebook
- Acquired by BGC Partners (Mar 2020)
- Legal Name Algomi Limited
- Date of Incorporation 19 Jun, 2012
- Jurisdiction LONDON, ENGLAND
- Annual Revenue$5.15 M (USD)-24as on Dec 31, 2016
- Net Profit-$3.68 M (USD)41as on Dec 31, 2016
- EBITDA-$3.69 M (USD)53as on Dec 31, 2016
- Total Equity Funding$10M (USD)
in 5 rounds
- InvestorsEuroclear
& 5 more
- Employee Count6
- Acquired byBGC Partners
(Mar 2020)
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 $10M
- Total Rounds 5
- Investors Count 5
All 5 funding rounds of Algomi with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2018 | Series A | – | Euroclear | – | |
| Sep 2017 | Series A | – | S&P Global | – | |
| Mar 2017 | $10M | Series A | – | Euronext | – |
| Mar 2016 | Angel Round | – | Tom Glocer | – | |
| Jun 2013 | Seed | – | Lakestar | – |
6 investors in total: 5 institutional and 1 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investment firm | 2012 | lakestar.com | Zurich, Switzerland | |
Provider of post-trade services for financial markets | 1968 | euroclear.com | Brussels, Belgium | |
Platform offering business intelligence solutions that combine data and actionable analytics for clients | 1917 | spglobal.com | New York, United States | |
Provider of stock exchange services | 2000 | euronext.com | Paris, France | |
Full-service stock brokerage services are provided to clients. | 1945 | bgcpartners.com | New York, United States | |
TG Tom Glocer | Former CEO of Thomson Reuters, active angel investor in tech startups. | unknown_db94c70f52d9474ab |
Investor details for Algomi
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of Algomi
226 people are tracked at Algomi (93 in leadership, 5 in board & advisors, 128 in team); the tracked headcount is 6.
| Name | Role | Group |
|---|---|---|
Usman Khan | Co-Founder | Leadership |
Mike Whitaker | Global Chief Information Officer | Leadership |
JP Aubin | Co-Global Head of Brokerage, CEO of the Americas | Leadership |
Robert Gorglione | Head Of Energy Operations | Leadership |
Leeza Elmazi | Vice President - Base Metals | Leadership |
Michael Sampson | Head Of Fp&a Fenics | Leadership |
Paul Reidy | Senior Managing Director | Leadership |
Rajat Mehta | Director | Leadership |
Junchen Zhang | Vice President, Quantitative Development/liquidity Management | Leadership |
Richard Leighton | Senior Managing Director | Leadership |
Arran Rowsell | Senior Managing Director - Head Of Strategy | Leadership |
Harjeet Singh | Managing Director, Head Of Corporate Communications & Marketing For Europe & Asia | Leadership |
Andre Baker | Director | Leadership |
Dennis Thomsen | Director - Reliability Engineering Manager | Leadership |
Steven Bingley | Head Of Base Metals | Leadership |
Ed Keslo | Managing Director | Leadership |
Alexis Bouvy | Finance Director & Deputy Branch Manager | Leadership |
Pitambar Sarangi | Senior Vice President | Leadership |
Sunny Balwani | Assistant Vice President | Leadership |
Jeremy Bailer | Senior Vice President | Leadership |
206 more people are available in the full profile.
Complete people profiles for Algomi
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
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Timeline of Algomi
4 dated milestones of Algomi across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Algomi is founded.
- Funding First funding round.
- Funding Latest funding round, Series A,.
- Exit Acquired by BGC Partners.
Competitors of Algomi
Algomi has 2 listed competitors in our database, 2 of them funded. They include Lemon Markets and Tradefeedr.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lemon.markets | 2020 | London, United Kingdom | $29.99M | API-based automated trading solutions are offered to brokers. | ||
| tradefeedr.com | 2017 | London, United Kingdom | $3M | 5 | Trade management solutions are offered for multi-asset trading activities. |
Detailed competitors of Algomi
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of Algomi
Websites that share an audience with Algomi (algomi.com).
Websites whose visitors overlap most with Algomi. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
risk.net | risk.net | 100% | #250,850 | – | |
efinancialnews.com | efinancialnews.com | 99% | – | ||
| finovate.com | 43% | 89.5K | #461,099 | View details |
Top companies in Investment & Financial Technology
2 companies that operate in the same segment as Algomi (Investment & Financial Technology) in United Kingdom, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online data source platform for information, analytics, and solutions for governments and financial markets | 1959 | London, England, United Kingdom | USD 1.41 B | |||
AI-based platform for automated personal spend management is provided. | 2016 | London, England, United Kingdom | USD 75.78 M |
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Related news about Algomi
Complete news archive for Algomi
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Frequently Asked Questions about Algomi
Algomi was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Algomi is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Algomi is a funded company, having raised a total of $10M across 5 funding rounds to date.
Algomi has 6 employees.
Annual revenue of Algomi is $5.15M as on Dec 31, 2016.
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.
Algomi's top competitors include Lemon Markets and Tradefeedr.
Algomi has 6 investors. Key investors include Euroclear, S&P Global, Euronext, Lakestar, and BGC Partners.
Algomi operates through Algomi Limited.
Yes. Algomi was acquired by BGC Partners in March 2020.