Dash Financial

Chicago, United States Founded: 2009 • Age: 17 yrs Acquired By ION Group
Trading technology and services for order execution are provided.
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About Dash Financial

Dash Financial is a company based in Chicago (United States) founded in 2009 was acquired by ION Group in December 2020.. Dash Financial has raised $7.5 million across 2 funding rounds from investors including ION Group, Flexpoint Ford and Gtcr.net. The company has 106 employees as of December 31, 2021. Dash Financial has completed 1 acquisition, including eRoom Securities. Dash Financial offers products and services including Execution Services, Options Algos, DASH ATS, Equity Algos, and Analytics. Dash Financial operates in a competitive market with competitors including Clear Street, Saphyre, IPC, Neovest and Corfinancial, among others.

  • Headquarter Chicago, United States
  • Employees 106 as on 31 Dec, 2021
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Dash Financial Llc
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $7.5 M (USD)

    in 2 rounds

  • Latest Funding Round
    $7.5 M (USD), Series A

    Nov 26, 2014

  • Investors
    ION Group

    & 2 more

  • Employee Count
    106

    as on Dec 31, 2021

  • Investments & Acquisitions
  • Acquired by
    ION Group

    & 1 more

    (Dec 01, 2020)

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Products & Services of Dash Financial

Dash Financial offers a comprehensive portfolio of products and services, including Execution Services, Options Algos, DASH ATS, Equity Algos, and Analytics. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Provides electronic order routing for optimized trading performance

Delivers algorithms to maximize liquidity in options markets

Facilitates equity trading with access to exchanges and dark pools

Supports equity trading by minimizing costs and capturing liquidity

Offers transparency into trading costs and performance metrics

Streamlines routing and execution management for users

Handles SEC and FINRA compliance for capital markets

Provides tools for professional traders and hedge funds

People of Dash Financial
Headcount 50-200
Employee Profiles 61
Employee Profiles
People
Andrii Kovalchuk
Solution Architect in Data Streaming
People
Jeremy Longobardi, CPA
Controller
People
Morgan Helm
VP Of Retail Consolidator
People
Vander Beatty
General Counsel

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Funding Insights of Dash Financial

Dash Financial has successfully raised a total of $7.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $7.5 million completed in November 2014. 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 Rounds 2
  • Last Round Series A — $7.5M
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2014 Amount Series A - Dash Financial Valuation

investors

Mar, 2014 Amount Private Equity Round - Dash Financial Valuation Gtcr.net
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Dash Financial

Dash Financial has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include ION Group, Flexpoint Ford and Gtcr.net. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity firm focused on financial services and healthcare companies
Founded Year Domain Location
-
Founded Year Domain Location
Treasury management solutions are provided for financial institutions and banks.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Dash Financial

Dash Financial has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include eRoom Securities. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
British Airways trade flight bookings are facilitated via NDC-enabled systems.
1996
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Dash Financial

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Dash Financial Comparisons

Employees
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Add Comparison
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Competitors of Dash Financial

Dash Financial 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 Clear Street, Saphyre, IPC, Neovest and Corfinancial, 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
Trade life cycle management platform for brokerages
domain founded_year HQ Location
Pre-trade and post-trade analytics and onboarding solutions
domain founded_year HQ Location
Specialized technology solutions are provided for financial trade lifecycles.
domain founded_year HQ Location
We are an independently operated technology company providing a comprehensive suite of global broker-neutral financial services to the buy- and sell-side.
domain founded_year HQ Location
Software solutions for financial institutions are developed and provided.
domain founded_year HQ Location
Primary market communications platform for bond issuance is provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Dash Financial

Frequently Asked Questions about Dash Financial

When was Dash Financial founded?

Dash Financial was founded in 2009 and raised its 1st funding round 5 years after it was founded.

Where is Dash Financial located?

Dash Financial is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.

Is Dash Financial a funded company?

Dash Financial is a funded company, having raised a total of $7.5M across 2 funding rounds to date.

How many employees does Dash Financial have?

As of Dec 31, 2021, the latest employee count at Dash Financial is 106.

What does Dash Financial do?

Dash Financial was founded in 2009 in Chicago, United States, within the trading technology sector. Tools such as Dash360, Smoke, and Sensor are offered, with Dash360 serving as the flagship web-based dashboard. Order execution is optimized through routing, cost management, and performance analysis, while client transparency is maintained. Consulting and concierge services are also extended to customers.

Who are the top competitors of Dash Financial?

Dash Financial's top competitors include Clear Street, Saphyre and IPC.

What products or services does Dash Financial offer?

Dash Financial offers Execution Services, Options Algos, DASH ATS, Equity Algos, and 4 more products and services.

How many acquisitions has Dash Financial made?

Dash Financial has made 1 acquisition, including eRoom Securities.

Who are Dash Financial's investors?

Dash Financial has 3 investors. Key investors include ION Group, Flexpoint Ford, and Gtcr.net.

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