MarketFactory

New York, United States Founded: 2007 • Age: 19 yrs Acquired By ION Group
FX liquidity pools are accessed via a low-latency cloud platform.
Annual revenue - Latest available
Total funding $6.4M 8 rounds
Employees 17 Tracked headcount
Investors 3 Known backers
Products 4 Services tracked
Competitors 3 Brand Intelligence

About MarketFactory

MarketFactory is a company based in New York (United States) founded in 2007 was acquired by ION Group in November 2019. MarketFactory has raised $6.42 million across 8 funding rounds from investors including ION Group, FirstMark and Accel-KKR. The company has 17 employees as of December 31, 2019. MarketFactory offers products and services including Aphelion, TradAir, Barracuda FX, and MarketFactory Nexus. MarketFactory operates in a competitive market with competitors including Pillar and MarketDirect Exchange, among others.

  • Headquarter New York, United States
  • Employees 17 as on 31 Dec, 2019
  • Sectors
    Technology
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Marketfactory, Inc.
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $6.42 M (USD)

    in 8 rounds

  • Latest Funding Round
    Not available
  • Investors
    ION Group

    & 2 more

  • Employee Count
    17

    as on Dec 31, 2019

  • Acquired by
    ION Group

    (Nov 15, 2019)

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Products & Services of MarketFactory

MarketFactory offers a comprehensive portfolio of products and services, including Aphelion, TradAir, Barracuda FX, and MarketFactory Nexus.

Product name locked
Category locked
Primary

Rules-based platform for foreign exchange trading and pricing.

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Integrated tool for best FX trade execution and management.

Product name locked
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Modular system for customizable foreign exchange trading operations.

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Enables access to foreign exchange trading venues instantly.

People of MarketFactory

Headcount 10-50
Employee Profiles 9
Board Members and Advisors 1
Employee Profiles
People
Eugene Markman
CEO
People
Sanjiv Panchani
Director of Trading Operations
People
Matthew Whitaker
Director Of Product For Marketfactory, Part Of The ION Markets (fx) Product Suite
People
George Cox
Operations Engineer

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Board Members and Advisors
people
Pat Richie
Advisor

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Funding Insights of MarketFactory

MarketFactory has successfully raised a total of $6.42M across 8 strategic funding rounds. 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.

Investors in MarketFactory

MarketFactory has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include ION Group, FirstMark and Accel-KKR.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments are focused on mid-market software and technology-enabled services firms.
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Early-stage venture capital is invested in tech startups across sectors.
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Treasury management solutions are provided for financial institutions and banks.
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Investor details for MarketFactory

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  • Investor domains
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Investments & Acquisitions by MarketFactory

Investments
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Investment portfolio details for MarketFactory

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  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - MarketFactory

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Detailed financials for MarketFactory

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Marketfactory Comparisons

MarketFactory Primary company
Description
FX liquidity pools are accessed via a low-latency cloud plat...
Location
New York, United States
Founded Year
2007
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
17
As of 2019
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Peer comparison for MarketFactory

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Competitors of MarketFactory

MarketFactory 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 Pillar and MarketDirect Exchange, among others.

Company Name Domain Founded year HQ Location Description
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Currency, commodity, and freight exposures are automatically hedged for SMEs.
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Operates as a global firm specializing in asset investment management.
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Detailed competitors of MarketFactory

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Latest news on Marketfactory

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Complete news archive for MarketFactory

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Frequently Asked Questions about MarketFactory

MarketFactory was founded in 2007 and raised its 1st funding round 1 year after it was founded.

MarketFactory is headquartered in New York, United States. It is registered at New York, New York, United States.

MarketFactory is a funded company, having raised a total of $6.42M across 8 funding rounds to date.

As of Dec 31, 2019, the latest employee count at MarketFactory is 17.

MarketFactory was founded in 2007 in New York, United States, within the foreign exchange sector. A cloud-based platform is operated to enable ultra-low latency access to over 50 FX liquidity pools for trade execution and pricing data. Connections are supported through a web-based application, API, or integrations with third-party capital markets software vendors selected as preferred FX access providers.

MarketFactory's top competitors include Pillar and MarketDirect Exchange.

MarketFactory offers Aphelion, TradAir, Barracuda FX, and MarketFactory Nexus.

MarketFactory has 3 investors. Key investors include ION Group, FirstMark, and Accel-KKR.

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