About Direct Match
Direct Match is a Technology company based in New York (United States) founded in 2014 by Kristi Neller. Trading platform for US Treasuries. Direct Match has raised $11.48 million across 3 funding rounds from investors including Canaan, IA Ventures and Y Combinator. Its focus areas include FinTech, Investment Tech, Online Trading Platforms and Fixed Income. Its competitors include Trumid, MarketAxess Holdings and Electronifie; 2 of its 3 listed competitors have raised funding.
Company details
Direct Match is an electronic trading venue for US Treasuries. It is an all-to-all central limit order book (CLOB) that provides access to liquidity and anonymity to Institutional market participants. It is currently focusing on the On-The-Run US Treasuries market. It is looking to improve the execution experience for these liquid instruments by supporting more pricing increments (down to 116th of a 32nd) and smaller minimum lot sizes (100k notional). Offer a proprietary GUI, a FIX API and are accessible through a number of third party platforms.
- Headquarters New York, United States
- Founders Kristi Neller
- SectorsTechnology
- Website directmatch.com
- Social LinkedIn X
- Total Equity Funding$11.48M (USD)
in 3 rounds
- Latest Funding Round$8.36M (USD), Series A
Mar 2016
- InvestorsCanaan
& 5 more
Funding Insights of Direct Match
Direct Match has successfully raised a total of $11.48M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $8.36 million completed in March 2016. 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 $11.48M
- Total Rounds 3
- Last Round Series A — $8.36M
- First Round $3M
(Apr 2015)
- Investors Count 6
All 3 funding rounds of Direct Match 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 |
|---|---|---|---|---|---|
| Mar 2016 | $8.36M | Series A | – | Canaan, IA Ventures | – |
| Jun 2015 | $120,000 | Seed | – | – | |
| Apr 2015 | $3M | Seed | – | – |
6 investors in total: 6 institutional.
Investors in Direct Match
Direct Match has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Canaan, IA Ventures and Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Canaan is recognized as an early-stage venture capital firm. | 1987 | canaan.com | San Francisco, United States | |
Seed and early-stage venture capital firm focusing on investments in technology and fintech companies | iaventures.com | New York, United States | ||
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States | ||
Venture capital investments are managed by Winklevoss brothers' family office. | winklevosscapital.com | New York, United States | ||
Compound is recognized as a thesis-driven investment firm. | compound.vc | New York, United States | ||
| iave |
Investor details for Direct Match
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Direct Match
1 people are tracked at Direct Match (1 in leadership).
| Name | Role | Group |
|---|---|---|
Kristi Neller | Co-Founder | Leadership |
Complete people profiles for Direct Match
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Direct Match
3 dated milestones of Direct Match across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Direct Match is founded.
- Funding First funding round of $3.0M.
- Funding Latest funding round, Series A, of $8.4M.
Competitors of Direct Match
Direct Match has 3 listed competitors in our database, 2 of them funded. They include Trumid, MarketAxess Holdings and Electronifie.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| trumid.com | 2014 | New York, United States | $722.28M | 27 | Trading platform focused on fixed-income securities and corporate bonds | |
| marketaxess.com | 2000 | New York, United States | 881 | Fixed-income instruments are traded through an AI-based platform. | ||
| electronifie.com | 2013 | New York, United States | $12.04M | Corporate bonds are traded on a liquidity-focused platform for institutions. |
Detailed competitors of Direct Match
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Direct Match
The website of Direct Match (directmatch.com) receives about 1.1K visits a month.
- Monthly visits1.1K
Top companies in Investment & Financial Technology
3 companies that operate in the same segment as Direct Match (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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Frequently Asked Questions about Direct Match
Direct Match was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Direct Match is headquartered in New York, United States. It is registered at New York, New York, United States.
Direct Match is a funded company, having raised a total of $11.48M across 3 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on Apr 2015.
Direct Match is an electronic trading venue for US Treasuries. It is an all-to-all central limit order book (CLOB) that provides access to liquidity and anonymity to Institutional market participants. It is currently focusing on the On-The-Run US Treasuries market. It is looking to improve the execution experience for these liquid instruments by supporting more pricing increments (down to 116th of a 32nd) and smaller minimum lot sizes (100k notional). Offer a proprietary GUI, a FIX API and are accessible through a number of third party platforms.
Direct Match's top competitors include Trumid, MarketAxess Holdings and Electronifie.
Direct Match has 6 investors. Key investors include Canaan, IA Ventures, Y Combinator, iave, and Winklevoss Capital.