About Institutional Cash Distributors
Institutional Cash Distributors is a Technology company based in San Francisco (United States) founded in 2003 by Tom Newton, Jeff Jellison, and Ed Baldry, and was acquired by Tradeweb in April 2024. Institutional trading and investment risk management company. Institutional Cash Distributors has raised $500 thousand across 3 funding rounds from investors including Tradeweb, Stellus Capital Management and Parthenon Capital. Its chief executive, as recorded, is Tory Hazard. Its focus areas include FinTech, Investment Tech, Online Trading Platforms and Stocks. Its competitors include Public, Interactive Brokers and TD Ameritrade; 1 of its 3 listed competitors has raised funding.
Company details
Institutional Cash Distributors was established in 2003 in San Francisco, United States, within the financial sector. Institutional trading and investment risk management are handled through operations that grant access to diverse funds and currencies. Transparency is supported via credit risk analysis tools and on-demand reporting features. Services cater to institutional clients seeking structured financial oversight.
- Headquarters San Francisco, United States
- Founders Tom Newton, Jeff Jellison, Ed Baldry
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website icdportal.com
- Social LinkedIn X
- Acquired by Tradeweb (Apr 2024)
Funding Insights of Institutional Cash Distributors
Institutional Cash Distributors has successfully raised a total of $500K across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $10 million completed in January 2018. 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 $500,000
- Total Rounds 3
- Last Round Debt – Conventional — $10M
- Investors Count 2
All 3 funding rounds of Institutional Cash Distributors 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 |
|---|---|---|---|---|---|
| Jan 2018 | $10M | Debt – Conventional | – | – | |
| Jan 2018 | $500,000 | Private Equity Round | – | Stellus Capital Management | – |
| Oct 2017 | Private Equity Round | – | Parthenon Capital | – |
3 investors in total: 3 institutional.
Investors in Institutional Cash Distributors
Institutional Cash Distributors has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Tradeweb, Stellus Capital Management and Parthenon Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private debt fund focused on aerospace, services, consumer, distribution, education, industrial, and multiple sectors | stelluscapital.com | Houston, United States | ||
Multiple sectors are invested in by this private equity fund. | parthenoncapital.com | Boston, United States | ||
Electronic trading platforms for multi-asset markets are operated. | 1998 | tradeweb.com | New York, United States |
Investor details for Institutional Cash Distributors
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Institutional Cash Distributors
39 people are tracked at Institutional Cash Distributors (28 in leadership, 11 in team).
| Name | Role | Group |
|---|---|---|
Tom Newton | Chairman & Co-Founder | Leadership |
Jeff Jellison | Co-Founder | Leadership |
Ed Baldry | Co-Founder | Leadership |
Tory Hazard | CEO | Leadership |
Zachary Brown | Managing Director - Head Of ICD Product Management | Leadership |
Estefania Bravo Correa | Vp, ICD Marketing Operations | Leadership |
Sebastian Ramos | Managing Director, Head Of ICD Portal | Leadership |
Aalok Mehta | Vice President, Integration Management Lead | Leadership |
Whit Adams | Digital Marketing Director | Leadership |
Eleni Souli | Vice President Event Marketing | Leadership |
Yajuvendra Singh | Vice President Of Application Support At Icd, A Tradeweb Business | Leadership |
Roderick MacKenzie | Vice President, Business Development | Leadership |
Alex Swartwood | Vice President | Leadership |
Lauren G. | Assistant Vice President, Data Quality Management | Leadership |
Justin Brimfield | Chief Marketing Officer | Leadership |
Hunter White | Vice President Of Product Management | Leadership |
Reagan Newton | Vice President Of Business Development | Leadership |
Marat M. | Vice President, Financial Analyst | Leadership |
Pete Elton | Sr. Director, Security & Compliance | Leadership |
Jill Ziegenfuss | Director, Program Operations | Leadership |
19 more people are available in the full profile.
Complete people profiles for Institutional Cash Distributors
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Institutional Cash Distributors
4 dated milestones of Institutional Cash Distributors across 21 years, from founding to its latest funding, stage changes and deals.
- Founded Institutional Cash Distributors is founded.
- Funding First funding round.
- Funding Latest funding round, Debt – Conventional, of $10.0M.
- Exit Acquired by Tradeweb.
Competitors of Institutional Cash Distributors
Institutional Cash Distributors has 3 listed competitors in our database, 1 of them funded. They include Public, Interactive Brokers and TD Ameritrade.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| public.com | 2019 | New York, United States | $420.58M | Multi-asset investments are facilitated for individual users through a platform. | ||
| interactivebrokers.com | 1977 | Greenwich, United States | 2,932 | Provider of online brokerage services and trading platforms | ||
| tdameritrade.com | 1994 | Omaha, United States | Online trading in stocks, forex, futures, and ETFs is facilitated. |
Detailed competitors of Institutional Cash Distributors
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Institutional Cash Distributors
The website of Institutional Cash Distributors (icdportal.com) receives about 5.1K visits a month.
- Monthly visits5.1K
▼ 11.4% vs previous month
Top companies in Investment & Financial Technology
3 companies that operate in the same segment as Institutional Cash Distributors (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 Institutional Cash Distributors
Institutional Cash Distributors was founded in 2003 and raised its 1st funding round 14 years after it was founded.
Institutional Cash Distributors is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Tory Hazard is the CEO of Institutional Cash Distributors, as recorded in our data.
Institutional Cash Distributors is a funded company, having raised a total of $500K across 3 funding rounds to date.
Institutional Cash Distributors was established in 2003 in San Francisco, United States, within the financial sector. Institutional trading and investment risk management are handled through operations that grant access to diverse funds and currencies. Transparency is supported via credit risk analysis tools and on-demand reporting features. Services cater to institutional clients seeking structured financial oversight.
Institutional Cash Distributors's top competitors include Public, Interactive Brokers and TD Ameritrade.
Institutional Cash Distributors has 3 investors. Key investors include Tradeweb, Stellus Capital Management, and Parthenon Capital.
Yes. Institutional Cash Distributors was acquired by Tradeweb in April 2024.