About Clearpool Group
Clearpool Group is a Technology company based in New York (United States) founded in 2012 by Ray Ross and Brian Schaeffer, and was acquired by BMO in January 2020. Trade-related processes are managed via cloud-based algorithmic solutions. Clearpool Group has raised $11 million across 2 funding rounds from investors including Wintermute, BMO and Hex Trust. The company has 47 employees. Clearpool Group offers products and services including Algorithmic Management System, Venue Analysis, and Clearpool Execution Services. Its focus areas include FinTech, Investment Tech, Capital Market IT and Trade Management. Its legal entity is CLEARPOOL GROUP, LLC. Its competitors include GAIN Capital, ION Group and Capitolis; 3 of its 3 listed competitors have raised funding.
Company details
Clearpool Group was founded in 2012 in New York, United States, within the fintech sector. A suite of solutions is offered for handling trade-related processes. Operations center on a cloud-based Automated Management System (AMS), through which algorithmic trading methods can be customized, executed, analyzed, and optimized. Services support institutional clients in streamlining trading workflows across global markets.
- Headquarters New York, United States
- Employees 47
- Founders Ray Ross, Brian Schaeffer
- Stage Acquired
- SectorsTechnology
- Website clearpoolgroup.com
- Social LinkedIn X
- Acquired by BMO (Jan 2020)
- Legal Name Clearpool Group, Llc
- Total Equity Funding$11M (USD)
in 2 rounds
- Latest Funding Round$3M (USD), Series A
Sep 2021
- InvestorsWintermute
& 14 more
- Employee Count47
- Acquired byBMO
(Jan 2020)
Products & Services of Clearpool Group
Clearpool Group offers a comprehensive portfolio of products and services, including Algorithmic Management System, Venue Analysis, and Clearpool Execution Services.
Cloud-based platform for customizing and executing trading strategies with full control.
Tools for evaluating trading venues and optimizing strategies.
Services for algorithmic trade execution and performance monitoring.
Funding Insights of Clearpool Group
Clearpool Group has successfully raised a total of $11M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3 million completed in September 2021. 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 $11M
- Total Rounds 2
- Last Round Series A — $3M
- First Round $8M
(Dec 2015)
- Investors Count 14
All 2 funding rounds of Clearpool Group 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 |
|---|---|---|---|---|---|
| Sep 2021 | $3M | Series A | – | Arrington Capital, GBV Capital | – |
| Dec 2015 | $8M | Series A | – | – |
15 investors in total: 15 institutional.
Investors in Clearpool Group
Clearpool Group has secured backing from 15 investors, including venture fund and institutional investors. Prominent investors backing the company include Wintermute, BMO and Hex Trust.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on digital assets and web3 | arringtoncapital.com | Seattle, United States | ||
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
Blockchain sectors are invested in by Sino Global Capital. | sinoglobalcapital.com | George Town, Cayman Islands | ||
Multiple sectors are invested in via a funds-of-funds approach. | kenetic.capital | Hong Kong, China | ||
Provider of a growth equity firm for adaptive and personalized plans | edisonpartners.com | Princeton, United States | ||
Blockchain focused investment firm | gbv.capital | George Town, Cayman Islands | ||
A platform for safe and simple cryptocurrency trading is provided. | 2018 | hashkey.com | Hong Kong, China | |
Custodian service for digital assets | 2018 | hextrust.com | Hong Kong, China | |
Cryptocurrencies are traded and exchanged via an online platform. | 2018 | ascendex.com | Singapore, Singapore | |
Crypto-based algorithmic market maker for digital assets | 2008 | wintermute.com | Reston, United States |
Investor details for Clearpool Group
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People of Clearpool Group
6 people are tracked at Clearpool Group (3 in leadership, 3 in team); the tracked headcount is 47.
| Name | Role | Group |
|---|---|---|
Ray Ross | CTO & Co-Founder | Leadership |
Brian Schaeffer | Co-Founder & President | Leadership |
Jason McNeace | Director, Algorithmic Trading | Leadership |
Rishab Thapar | Associate Analytics Developer | Team |
Justin Cates | Electronic Trading Technical Operations Specialist | Team |
Swagato Acharjee | Electronic Trading | Team |
Complete people profiles for Clearpool Group
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Timeline of Clearpool Group
4 dated milestones of Clearpool Group across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Clearpool Group is founded.
- Funding First funding round of $8.0M.
- Exit Acquired by BMO.
- Funding Latest funding round, Series A, of $3.0M.
Competitors of Clearpool Group
Clearpool Group has 3 listed competitors in our database, 3 of them funded. They include GAIN Capital, ION Group and Capitolis.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gaincapital.com | 1999 | Bedminster, United States | $175.5M | 252 | White-label front-end trading solutions for capital markets are provided. | |
| iongroup.com | 1998 | New York, United States | $400M | 988 | Treasury management solutions are provided for financial institutions and banks. | |
| capitolis.com | 2016 | New York, United States | $478.46M | 62 | Trade management solutions are provided for investors in capital markets. |
Detailed competitors of Clearpool Group
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Web traffic of Clearpool Group
The website of Clearpool Group (clearpoolgroup.com) receives about 1.9K visits a month.
- Monthly visits1.9K
▼ 4% vs previous month
Top companies in Investment & Financial Technology
3 companies that operate in the same segment as Clearpool Group (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 Clearpool Group
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Frequently Asked Questions about Clearpool Group
Clearpool Group was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Clearpool Group is headquartered in New York, United States. It is registered at New York, New York, United States.
Clearpool Group is a funded company, having raised a total of $11M across 2 funding rounds to date. The company's 1st funding round was a Series A of $8M, raised on Dec 2015.
Clearpool Group has 47 employees.
Clearpool Group was founded in 2012 in New York, United States, within the fintech sector. A suite of solutions is offered for handling trade-related processes. Operations center on a cloud-based Automated Management System (AMS), through which algorithmic trading methods can be customized, executed, analyzed, and optimized. Services support institutional clients in streamlining trading workflows across global markets.
Clearpool Group's top competitors include Capitolis, ION Group and GAIN Capital.
Clearpool Group offers Algorithmic Management System, Venue Analysis, and Clearpool Execution Services.
Clearpool Group has 15 investors. Key investors include Wintermute, BMO, Hex Trust, HashKey Exchange, and AscendEX.
Clearpool Group operates through Clearpool Group, Llc.
Yes. Clearpool Group was acquired by BMO in January 2020.