About SnapTrade
SnapTrade is a company based in Fredericton (Canada) founded in 2014 was acquired by TradingView in April 2019.. SnapTrade has raised $7 million across 3 funding rounds from investors including TradingView, Y Combinator and Valar Ventures. SnapTrade offers products and services including SnapTrade API, SDKs, and Trading Integration. SnapTrade operates in a competitive market with competitors including Altruist, GeoWealth, Nucleus Financial, xalts and Fintso, among others.
- Headquarter Fredericton, Canada
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Trade It, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
TradingView
& 3 more
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Employee Count
Employee Count
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Acquired by
TradingView
(Apr 02, 2019)
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Products & Services of SnapTrade
SnapTrade offers a comprehensive portfolio of products and services, including SnapTrade API, SDKs, and Trading Integration. 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.
Enables apps to connect and sync brokerage accounts for data and trading.
Facilitates quick integration for brokerage connectivity in apps.
Supports placing trades for stocks, ETFs, crypto, and options via apps.
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Funding Insights of SnapTrade
SnapTrade has successfully raised a total of $7M across 3 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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(11 Sep 2015)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Seed - SnapTrade | Valuation |
investors |
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| Feb, 2017 | Amount | Seed - SnapTrade | Valuation |
investors |
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| Sep, 2015 | Amount | Seed - SnapTrade | Valuation | Valar Ventures , Citi Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 SnapTrade
SnapTrade has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include TradingView, Y Combinator and Valar Ventures. 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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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Global investments in tech sectors are conducted by Valar Ventures.
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Founded Year | Domain | Location | |
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Corporate venture capital firm backed by Citi
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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 SnapTrade
| 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 |
Financial Statements - SnapTrade
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Snaptrade Comparisons
Competitors of SnapTrade
SnapTrade 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 Altruist, GeoWealth, Nucleus Financial, xalts and Fintso, 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 |
Portfolio management software for financial advisors
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| domain | founded_year | HQ Location |
Integrated wealth management solutions are offered for advisors and institutions.
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| domain | founded_year | HQ Location |
Portfolio management solutions are offered to financial advisors.
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| domain | founded_year | HQ Location |
Wealth management solutions are delivered via an online platform.
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| domain | founded_year | HQ Location |
Digital wealth tools are provided to empower financial advisors.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Snaptrade
Frequently Asked Questions about SnapTrade
When was SnapTrade founded?
SnapTrade was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is SnapTrade located?
SnapTrade is headquartered in Fredericton, Canada. It is registered at Fredericton, New Brunswick, Canada.
Who is the current CEO of SnapTrade?
Brendan Lee Young is the current CEO of SnapTrade.
Is SnapTrade a funded company?
SnapTrade is a funded company, having raised a total of $7M across 3 funding rounds to date. The company's 1st funding round was a Seed of $4M, raised on Sep 11, 2015.
What does SnapTrade do?
Founded in 2014 and based in Fredericton, Canada, SnapTrade operates in the fintech sector by offering an API that connects user brokerage accounts to applications. Balances, holdings, orders, and transactions are synced through this interface. Trading in stocks, ETFs, cryptocurrencies, and options is facilitated using existing accounts. Tools for portfolio analysis, performance tracking, holdings validation, and sharing are also supported, along with embedded trading features.
Who are the top competitors of SnapTrade?
SnapTrade's top competitors include Altruist, Nucleus Financial and QPLIX.
What products or services does SnapTrade offer?
SnapTrade offers SnapTrade API, SDKs, and Trading Integration.
Who are SnapTrade's investors?
SnapTrade has 4 investors. Key investors include TradingView, Y Combinator, Valar Ventures, and Citi Ventures.
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