About Broadway Technology
Broadway Technology is a Technology company based in New York (United States) founded in 2003, and was acquired by Bloomberg in March 2023. Trading solutions for global banks and hedge funds. Broadway Technology has raised $42 million across 2 funding rounds from investors including Goldman Sachs, Bloomberg and BNP Paribas. The company has 18 employees. Broadway Technology has completed 1 acquisition, including Barracuda FX. Its Indian entity Broadway Technology India Private Limited reported revenue of ₹8.21 Cr. Broadway Technology offers products and services including Trading Solutions, Toc Platform, and Infrastructure Solutions. Its focus areas include FinTech, Investment Tech, Capital Market IT and Trade Management. Its competitors include Moment, Clear Markets and BondWave; 2 of its 3 listed competitors have raised funding.
Company details
Broadway Technology was established in 2003 and is based in New York, United States. Solutions for electronic fixed-income markets are developed and supplied, focusing on open and flexible systems for screen-based and automated trading. Operations of varying scale and complexity are supported across global financial institutions, including banks, proprietary trading groups, and hedge funds. Daily transactions totaling hundreds of billions of dollars are managed worldwide through its software.
- Headquarters New York, United States
- Employees 18
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Website broadwaytechnology.com
- Social LinkedIn X Facebook
- Acquired by Bloomberg (Mar 2023)
- Legal Name Broadway Technology India Private Limited
- Date of Incorporation 14 Oct, 2021
- Jurisdiction Bangalore, Karnataka, India
- Indian entity revenue₹8.21 Cr
FY 2024 · +4% YoY
- Indian entity net profit₹75 Lakh
FY 2024 · 9% margin
- Indian entity EBITDA₹1.08 Cr
FY 2024 · 13% margin
- Total Equity Funding$42M (USD)
in 2 rounds
- Latest Funding Round$42M (USD), Private Equity Round
May 2017
- InvestorsGoldman Sachs
& 4 more
- Employee Count18
- Investments & Acquisitions
- Acquired by
Associated legal entities of Broadway Technology
Broadway Technology operates through Broadway Technology India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Broadway Technology India Private Limited CIN U72900KA2021PTC153132 | Active | 14 Oct 2021 | Bangalore, Karnataka | ₹8.2 Cr | 18 | 2 | View details |
Products & Services of Broadway Technology
Broadway Technology offers a comprehensive portfolio of products and services, including Trading Solutions, Toc Platform, and Infrastructure Solutions.
Delivers end-to-end functionality for fixed income trading processes
Optimizes workflows and integrates client tools for future-proof solutions
Maintains cutting-edge workflows for financial institutions' operations
Funding Insights of Broadway Technology
Broadway Technology has successfully raised a total of $42M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round of $42 million completed in May 2017. 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 $42M
- Total Rounds 2
- Last Round Private Equity Round — $42M
- Investors Count 3
All 2 funding rounds of Broadway Technology 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 |
|---|---|---|---|---|---|
| May 2017 | $42M | Private Equity Round | – | Long Ridge | – |
| Dec 2011 | Private Equity Round | – | – |
5 investors in total: 5 institutional.
Investors in Broadway Technology
Broadway Technology has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, Bloomberg and BNP Paribas.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| long-ridge.com | ||||
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Banking & financial service provider | 1848 | group.bnpparibas | Paris, France | |
Treasury management solutions are provided for financial institutions and banks. | 1998 | iongroup.com | New York, United States | |
Provider of financial data to enterprises | 1981 | bloomberg.com | New York, United States |
Investor details for Broadway Technology
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Broadway Technology India Private Limited (Broadway Technology)
Broadway Technology India Private Limited is the primary company behind Broadway Technology. The board of Broadway Technology India Private Limited currently have 2 directors; the longest-serving is Varun Chojhar, appointed in 2023. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Varun Chojhar DIN 09258327 | Director | 02 Oct 2023 | 3 yrs 1 mo | Broadway Technology India Private Limited |
| Rajiv Ashok Mirwani DIN 09479751 | Director | 02 Oct 2023 | 3 yrs 1 mo | Broadway Technology India Private Limited |
People of Broadway Technology
488 people are tracked at Broadway Technology (168 in leadership, 9 in board & advisors, 311 in team); the tracked headcount is 18.
| Name | Role | Group |
|---|---|---|
Pam Snook | Head of Communications, LATAM | Leadership |
Amin Kassam | Head of Legal, APAC | Leadership |
John Peden | Recruitment Sourcing Partner - Corporate Functions | Leadership |
Anthony C. | Cryptographic Services & Data Protection - CTO Office | Leadership |
Ayturk Markowitz | Head Of CTO And Engineering Finance | Leadership |
Gizem Kullukcu | Leadership & Talent Partner, EMEA | Leadership |
Arijit Ghosh | Managing Editor - Africa | Leadership |
Gary Kazantsev | Head of Quant Technology Strategy | Leadership |
Jason Schechter | Chief Communications Officer | Leadership |
Matthew C. Meade | Head Of Fixed Income Exchange & Contributed Pricing Product Management | Leadership |
Tino Contino | Quantitative Researcher - CTO Office | Leadership |
Justin Ng | Global Head Of Tech And Innovation Marketing | Leadership |
Lei Zhang | Head Of Technology Infrastructure | Leadership |
Stefania L. | Head Of Tax Accounting / Tax Controller | Leadership |
Rachel Nadler | Recruitment Coordinator - Product & CTO | Leadership |
Shawn Edwards | CTO | Leadership |
Vlad Kliatchko | Chief Executive Officer | Leadership |
Jordan Fleary | EMEA HR Business Partner - Editorial And Research | Leadership |
Amit Nayak | Managing Director, Middle East & Africa - Bloomberg Media | Leadership |
Caprice Henry | Senior Recruitment Partner | Leadership |
468 more people are available in the full profile.
Complete people profiles for Broadway Technology
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Broadway Technology
Figures of Broadway Technology India Private Limited, the primary company behind Broadway Technology, for FY 2024. Revenue was ₹8.21 Cr (+4% year on year). Net profit was ₹75 Lakh (9% margin). EBITDA was ₹1.08 Cr (13% margin).
- ₹8.21 CrRevenue · FY 2024 · +4% YoY
- ₹75 LakhNet profit · 9% margin
- ₹1.08 CrEBITDA · 13% margin
- ₹1 LakhPaid-up capital
- 18Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Broadway Technology India Private Limited are on its company page.
Detailed financial statements for Broadway Technology
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Investments & Acquisitions by Broadway Technology
Broadway Technology has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Barracuda FX.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Trading and risk management software provider | barracudafx.com | Dublin, Ireland | 2009 | Mar 2019 | •••• |
Complete acquisition details for Broadway Technology
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Broadway Technology
6 dated milestones of Broadway Technology across 20 years, from founding to its latest funding, stage changes and deals.
- Founded Broadway Technology is founded.
- Funding First funding round.
- Funding Latest funding round, Private Equity Round, of $42.0M.
- Acquisition Acquires Barracuda FX.
- Exit Acquired by Long Ridge.
- Exit Acquired by Bloomberg.
Competitors of Broadway Technology
Broadway Technology has 3 listed competitors in our database, 2 of them funded. They include Moment, Clear Markets and BondWave.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| withmoment.com | 2022 | New York, United States | $17M | Fixed income API is offered to fintech for investing tools. | ||
| clear-markets.com | 2012 | Charlotte, United States | $9M | 15 | Electronic trading platforms for fixed income derivatives are developed. | |
| bondwave.com | 2001 | Wheaton, United States | 18 | Provides software for fixed income portfolio and transaction analytics services. |
Detailed competitors of Broadway Technology
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 Broadway Technology
Websites that share an audience with Broadway Technology (broadwaytechnology.com).
Websites whose visitors overlap most with Broadway Technology. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| cqg.com | 100% | #123,767 | View details | ||
| onixs.biz | 98% | #608,829 | View details | ||
| headspring.com | 65% | View details | |||
| outboundengine.com | 62% | 16.1K | #1,211,419 | View details | |
epicom.com | epicom.com | 45% | – |
Top companies in Investment & Financial Technology
3 companies that operate in the same segment as Broadway Technology (Investment & Financial Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.58 B | USD 2.98 B | 4,841 | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | 602 |
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Related news about Broadway Technology
Complete news archive for Broadway Technology
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Frequently Asked Questions about Broadway Technology
Broadway Technology was founded in 2003 and raised its 1st funding round 8 years after it was founded.
Broadway Technology is headquartered in New York, United States. It is registered at New York, New York, United States.
Broadway Technology is a funded company, having raised a total of $42M across 2 funding rounds to date.
Broadway Technology has 18 employees.
The primary company behind Broadway Technology, Broadway Technology India Private Limited, reported revenue of ₹8.21 Cr for FY 2024, up 4% year on year.
Broadway Technology was established in 2003 and is based in New York, United States. Solutions for electronic fixed-income markets are developed and supplied, focusing on open and flexible systems for screen-based and automated trading. Operations of varying scale and complexity are supported across global financial institutions, including banks, proprietary trading groups, and hedge funds. Daily transactions totaling hundreds of billions of dollars are managed worldwide through its software.
Broadway Technology's top competitors include Moment, Clear Markets and BondWave.
Broadway Technology offers Trading Solutions, Toc Platform, and Infrastructure Solutions.
Broadway Technology has made 1 acquisition, including Barracuda FX.
Broadway Technology has 5 investors. Key investors include Goldman Sachs, Bloomberg, BNP Paribas, ION Group, and Long Ridge.
Broadway Technology operates through Broadway Technology India Private Limited.
Yes. Broadway Technology was acquired by Bloomberg in March 2023.