About Pico
Pico is a Technology company based in New York (United States) founded in 2009. Financial market data is tracked and analyzed via specialized tools. It operates on a Managed Services, SaaS (Software-as-a-Service), and FinTech model. 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. Its website pico.net draws about 46 thousand monthly visits. Pico offers products and services including Corvil Analytics, Redline Software, Market Data, Connectivity, and Infrastructure. Its focus areas include Financial Technology and Trading Solutions. Its legal entity is Pico Quantitative Trading LLC. Its competitors include BlueMatrix, Two Sigma Investments and Accern; 1 of its 3 listed competitors has raised funding.
Company details
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.
Products & Services of Pico
Pico offers a comprehensive portfolio of products and services, including Corvil Analytics, Redline Software, Market Data, Connectivity, and Infrastructure.
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.
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 $341.58M
- Total Rounds 4
- Last Round Series D — $200M
- First Round $6.58M
(Nov 2009)
- Investors Count 13
All 4 funding rounds of Pico 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 |
|---|---|---|---|---|---|
| Jul 2022 | $200M | Series D | – | Golden Gate Capital | – |
| Dec 2020 | $135M | Series C | – | CE Innovation Capital, Intel Capital | |
| Nov 2019 | Series A | – | EDBI | – | |
| Nov 2009 | $6.58M | Series A | – | – | – |
13 investors in total: 13 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments, business building, and long-term partnerships in finance and investment sectors. | goldengatecap.com | |||
Government-backed investments are directed toward healthcare, fintech, and various sectors. | edbi.com | Singapore, Singapore | ||
Early-stage startups are funded by this Beijing-based venture capital fund. | ceinnovationcap.com | Beijing, China | ||
Investment in technology startups focusing on compute, AI, and related innovations. | intelcapital.com | |||
Comprehensive financial services are provided to corporations and individuals. | 1799 | jpmorgan.com | New York, United States | |
Financial services are provided globally by UBS for wealth management. | 1862 | ubs.com | Zurich, Switzerland | |
Diversified asset management services are offered globally by the firm. | 1925 | nomura.com | Chuo City, Japan | |
Diverse financial services and online banking are provided to clients. | 1852 | wellsfargo.com | San Francisco, United States | |
A trading company focused on solving complex market problems. | chicagotrading.com | Chicago, USA | ||
Simplex Trading is engaged in proprietary trading and market making. | 2004 | simplexinvestments.com | Chicago, United States |
Investor details for Pico
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of Pico
61 people are tracked at Pico (49 in leadership, 12 in team).
| Name | Role | Group |
|---|---|---|
Eric Harkness | CFO & COO | Leadership |
Seetharam Gorre | Chief Information Officer | Leadership |
Kelly Spector | Head Of Strategic Planning | Leadership |
Corinne Schmitt | Client Success Management, Director, Manager | Leadership |
Mac Bartram | Director Of Technical Account Management | Leadership |
Stacie Swanstrom | Chief Product & Marketing Officer | Leadership |
Lauren Goldberg | General Counsel & Chief Administrative Officer | Leadership |
Frank Nebbeling | Global Head of Client Services | Leadership |
Jarrod Yuster | Chairman, Founder & CEO | Leadership |
Mike Beaver | VP Of Sales And Account Management | Leadership |
Anay Tejura | Infrastructure Engineer - VP | Leadership |
Kevin Lim | Vice President Network Engineering | Leadership |
Radu Grigorescu | Vice President, Operations Management | Leadership |
David Hailey | Vice President, Client Success Management | Leadership |
Fergal Toomey | Chief Scientist | Leadership |
Vasil Boyadzhiev | Director, Global Data Center Operations Manager | Leadership |
Philippe Caudwell | Director Of Service Operations | Leadership |
Michael L. | Global Head Of Corporate Infrastructure | Leadership |
Xiubo Zhang | Senior Data Scientist, VP | Leadership |
Lisa Valente | Managing Director, Head Of Human Resources | Leadership |
41 more people are available in the full profile.
Complete people profiles for Pico
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Investments & Acquisitions by Pico
Pico has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include AlgoSpan, Corvil and Redline Trading.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Trading solutions for equities, options, and futures markets are developed. | redlinetrading.com | Woburn, United States | 2008 | Jan 2022 | •••• | |
Risk management platofrm for financial industries | corvil.com | New York, United States | 2000 | Jul 2019 | •••• | |
Financial services are provided by AlgoSpan in the United Kingdom. | algospan.com | London, United Kingdom | 2009 | Mar 2016 | •••• |
Complete acquisition details for Pico
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
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- Complete history
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Timeline of Pico
6 dated milestones of Pico across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Pico is founded.
- Funding First funding round of $6.6M.
- Acquisition Acquires AlgoSpan.
- Acquisition Acquires Corvil.
- Acquisition Acquires Redline Trading.
- Funding Latest funding round, Series D, of $200.0M.
Competitors of Pico
Pico has 3 listed competitors in our database, 1 of them funded. They include BlueMatrix, Two Sigma Investments and Accern.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bluematrix.com | 1999 | New York, United States | 70 | Online investment research is delivered to wealth managers and firms. | ||
| twosigma.com | 2001 | New York, United States | 1,600 | Offers AI-based, data-driven insights for investment management and decision-making. | ||
| accern.com | 2014 | New York, United States | $36.64M | 7 | AI-based analytics for stock insights and predictive decisions are offered. |
Detailed competitors of Pico
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 Pico
The website of Pico (pico.net) receives about 46.3K visits a month.
- Monthly visits46.3K
▼ 3.8% vs previous month
Websites whose visitors overlap most with Pico. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| split.io | 100% | 45.8K | #776,027 | View details | |
| voitanos.io | 95% | #1,024,439 | View details | ||
linuxbuzz.com | linuxbuzz.com | 90% | #5,592,807 | – | |
| iguazio.com | 90% | 74.4K | #530,058 | View details | |
nsoft-s.com | nsoft-s.com | 90% | #840,325 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 12 similar websites and full traffic analytics for Pico
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 12 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in Investment & Financial Technology
3 companies that operate in the same segment as Pico (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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Related news about Pico
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Frequently Asked Questions about Pico
Pico was founded in 2009.
Pico is headquartered in New York, United States. It is registered at New York, New York, United States.
Pico is a funded company, having raised a total of $341.58M across 4 funding rounds to date. The company's 1st funding round was a Series A of $6.58M, raised on Nov 2009.
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.
Pico's top competitors include Accern, BlueMatrix and Two Sigma Investments.
Pico offers Corvil Analytics, Redline Software, Market Data, Connectivity, and Infrastructure.
Pico has made 3 acquisitions, including AlgoSpan, Corvil, and Redline Trading.
Pico has 13 investors. Key investors include UBS, J P Morgan, Wells Fargo, Nomura, and Capital Market Strading.
Pico operates through Pico Quantitative Trading Llc.