About OpenMarkets
OpenMarkets is a company based in Melbourne (Australia) founded in 2012 was acquired by TradeFloor in May 2020. OpenMarkets has raised $1.94 million across 1 funding round from investors including CapitalPitch and TradeFloor. OpenMarkets operates in a competitive market with competitors including Interactive Brokers, Tiger Brokers, Syfe, Self Wealth and Nabtrade, among others.
- Headquarter Melbourne, Australia
- SectorsTechnology
- Email••••••••
- Website openmarkets.com.au
- Social LinkedIn
- Acquired by TradeFloor (May 2020)
- Total Equity Funding$1.94M (USD)
in 1 rounds
- Latest Funding Round$1.94M (USD), Series A
Jun 2016
- InvestorsCapitalPitch
& 1 more
- Acquired byTradeFloor
(May 2020)
Funding Insights of OpenMarkets
OpenMarkets has successfully raised a total of $1.94M through 1 strategic funding round. The most recent funding activity was a Series A round of $1.94 million completed in June 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 $1.94M
- Total Rounds 1
- Last Round Series A — $1.94M
- First Round $1.94M
(Jun 2016)
- Investors Count 1
All 1 funding rounds of OpenMarkets 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 |
|---|---|---|---|---|---|
| Jun 2016 | $1.94M | Series A | – | – |
2 investors in total: 2 institutional.
Investors in OpenMarkets
OpenMarkets has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include CapitalPitch and TradeFloor.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups are supported in raising funds via a syndicate platform. | – | capitalpitch.com | Sydney, Australia | |
Provides AI-driven solutions for financial advising, risk management, and trading tools. | 2014 | tradefloor.com.au | Sydney, Australia |
Investor details for OpenMarkets
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of OpenMarkets
3 dated milestones of OpenMarkets across 8 years, from founding to its latest funding, stage changes and deals.
- Founded OpenMarkets is founded.
- Funding First funding round of $1.9M.
- Exit Acquired by TradeFloor.
Competitors of OpenMarkets
OpenMarkets 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 Interactive Brokers, Tiger Brokers, Syfe, Self Wealth and Nabtrade, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| interactivebrokers.com | 1977 | Greenwich, United States | – | 2,932 | Provider of online brokerage services and trading platforms | |
| itiger.com | 2014 | Beijing, China | $138.6M | 1,000 | Online trading of stocks, securities, and options is enabled. | |
| syfe.com | 2017 | Singapore | $138.61M | – | ETFs and stocks are traded via an app-based platform. | |
| selfwealth.com.au | 2012 | Surrey Hills, Australia | – | – | Flat-fee brokerage for Australian exchange-listed products is provided. | |
| nabtrade.com.au | 2012 | Melbourne, Australia | – | – | Platform for share trading, enabling investors to buy and sell securities. | |
| evarvest.com | 2016 | Sydney, Australia | $255,722 | – | Stocks trading platform |
Detailed competitors of OpenMarkets
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 OpenMarkets
The website of OpenMarkets (openmarkets.com.au) receives about 8.6K visits a month.
- Monthly visits8.6K
▲ 38.6% vs previous month
Websites whose visitors overlap most with OpenMarkets. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| asxonline.com | 100% | 36.5K | #633,612 | View details | |
portphillippublishing.com.au | portphillippublishing.com.au | 95% | – | – | – |
| eodhd.com | 94% | 680.7K | #179,962 | View details |
Latest news on Openmarkets
Complete news archive for OpenMarkets
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to OpenMarkets
10 companies that operate in the same segment as OpenMarkets (Investment & Financial Technology), 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 5.73 B | USD 2.98 B | 2,300 | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | – | |
Online social trading platform for cryptocurrency, stocks, ETFs, and CFDs | 2007 | Tel Aviv, Israel | USD 422.94 M | USD 925.73 M | – | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | – | – | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 | |
App-based automated investment and retirement planning platform | 2010 | New York, New York, United States | USD 335 M | – | – | |
Money Forward is engaged in providing financial technology solutions. | 2012 | Minato, Tokyo, Japan | USD 42.9 M | USD 322.51 M | 2,600 | |
Wealth management solutions are delivered for investment advisors. | 2009 | Mountain View, California, United States | USD 759.1 M | – | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about OpenMarkets
OpenMarkets was founded in 2012 and raised its 1st funding round 4 years after it was founded.
OpenMarkets is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
OpenMarkets is a funded company, having raised a total of $1.94M across 1 funding round to date. The company's 1st funding round was a Series A of $1.94M, raised on Jun 2016.
OpenMarkets was founded in 2012 in Melbourne, Australia, as an online stockbroker. Web and desktop trading platforms are operated using Paritech backend software, serving professional traders, advisers, intermediaries, and financial institutions. Individual trader assets are not pooled, unlike traditional brokers. Third-party software integration is enabled. Trading in ETFs, warrants, and exchange-traded bonds is supported within the financial services sector.
OpenMarkets's top competitors include Tiger Brokers, Interactive Brokers and Syfe.
OpenMarkets has 2 investors. Key investors include CapitalPitch, and TradeFloor.
Yes. OpenMarkets was acquired by TradeFloor in May 2020.