About Pico
Pico is a company based in New York (United States) founded in 2009. It operates as a Managed Services, SaaS (Software-as-a-Service), and FinTech. Pico has raised $341.58 million across 4 funding rounds from investors including UBS, J P Morgan and Wells Fargo. Pico has completed 3 acquisitions, including AlgoSpan, Corvil and Redline Trading. Pico offers products and services including Corvil Analytics, Redline Software, Market Data, Connectivity, and Infrastructure. Pico operates in a competitive market with competitors including BlueMatrix, Quant Insight, Two Sigma Investments, Accern and BMLL, among others.
- Headquarter New York, United States
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Pico Quantitative Trading Llc
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Products & Services of Pico
Pico offers a comprehensive portfolio of products and services, including Corvil Analytics, Redline Software, Market Data, Connectivity, and Infrastructure. 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.
Real-time analytics for trading and network operations provided.
Ultra-low latency solutions for market data offered.
Global access to multi-asset class data provided.
Comprehensive global connectivity to liquidity is ensured.
End-to-end managed data center services are offered.
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Leadership Team
11 people
Software Development Team
11 people
Client Team
6 people
Sales and Marketing
6 people
Product Management Team
5 people
Finance and Accounting
4 people
Operations Team
4 people
Human Resources and Administration
3 people
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Funding Insights of Pico
Pico has successfully raised a total of $341.58M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $200 million completed in July 2022. 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 Funding
- Total Rounds 4
- Last Round Series D — $200.0M
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First Round
First Round
(10 Nov 2009)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2022 | Amount | Series D - Pico | Valuation | Golden Gate Capital |
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| Dec, 2020 | Amount | Series C - Pico | Valuation | CE Innovation Capital , Intel Capital | |
| Nov, 2019 | Amount | Series A - Pico | Valuation | EDBI |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Pico
Pico has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include UBS, J P Morgan and Wells Fargo. 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.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments, business building, and long-term partnerships in finance and investment sectors.
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Founded Year | Domain | Location | |
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Government-backed investments are directed toward healthcare, fintech, and various sectors.
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Founded Year | Domain | Location | |
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Early-stage startups are funded by this Beijing-based venture capital fund.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Pico
Pico has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include AlgoSpan, Corvil and Redline Trading. 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Financial services are provided by AlgoSpan in the United Kingdom.
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2009 | ||||
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Trading solutions for equities, options, and futures markets are developed.
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2008 | ||||
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Risk management platofrm for financial industries
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2000 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Pico
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Pico Comparisons
Competitors of Pico
Pico 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 BlueMatrix, Quant Insight, Two Sigma Investments, Accern and BMLL, 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 |
Online investment research is delivered to wealth managers and firms.
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| domain | founded_year | HQ Location |
Quantitative analytics for financial securities are delivered.
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| domain | founded_year | HQ Location |
Offers AI-based, data-driven insights for investment management and decision-making.
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| domain | founded_year | HQ Location |
AI-based analytics for stock insights and predictive decisions are offered.
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| domain | founded_year | HQ Location |
Cloud-based AI analytics platform for traded securities data is offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Pico
Frequently Asked Questions about Pico
When was Pico founded?
Pico was founded in 2009.
Where is Pico located?
Pico is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Pico a funded company?
Pico is a funded company, having raised a total of $341.58M across 4 funding rounds to date.
What does Pico do?
Technology services for financial markets are delivered by Pico, focusing on high-performance trading solutions. Infrastructure, cloud, data, software, and analytics are offered to over 400 financial institutions globally. Sectors such as global banks, exchanges, and trading firms are served. Real-time network monitoring and performance analytics are provided to create operational advantages. Connectivity to over 300 exchanges and venues is ensured, alongside ultra-low latency solutions for market data and order execution.
Who are the top competitors of Pico?
Pico's top competitors include Quant Insight, BMLL and Tetrix.
What products or services does Pico offer?
Pico offers Corvil Analytics, Redline Software, Market Data, Connectivity, and Infrastructure.
How many acquisitions has Pico made?
Pico has made 3 acquisitions, including AlgoSpan, Corvil, and Redline Trading.
Who are Pico's investors?
Pico has 13 investors. Key investors include UBS, J P Morgan, Wells Fargo, Nomura, and Capital Market Strading.
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