About trueEX
trueEX is a Technology company based in New York (United States) founded in 2010. Electronic platform for executing interest rate swaps is operated. trueEX has raised $77.08 million across 12 funding rounds. Its focus areas include FinTech, Investment Tech, Online Trading Platforms and Future and Options. Its competitors include CME Group, Mercaris and Railbird; 2 of its 3 listed competitors have raised funding.
Company details
trueEX was established in 2010 in New York, United States, as an electronic execution platform for the global interest rate swaps market. Services are provided to market makers, asset managers, hedge funds, and other buy-side firms through this exchange. Operations focus on facilitating trades in interest rate swap contracts within the financial sector.
- Headquarters New York, United States
- SectorsTechnology
- Website trueex.com
- Social LinkedIn X
- Total Equity Funding$77.08M (USD)
in 12 rounds
- Latest Funding Round$24.41M (USD), Series C
Mar 2019
Funding Insights of trueEX
trueEX has successfully raised a total of $77.08M across 12 strategic funding rounds. The most recent funding activity was a Series C round of $24.41 million completed in March 2019. 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 $77.08M
- Total Rounds 12
- Last Round Series C — $24.41M
- First Round $1.13M
(Jul 2011)
Latest 10 of 12 funding rounds of trueEX 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 |
|---|---|---|---|---|---|
| Mar 2019 | $24.41M | Series C | – | – | – |
| Aug 2016 | $8M | Series B | – | – | – |
| Jul 2016 | $16.14M | Series B | – | – | – |
| Jun 2016 | $3.72M | Series B | – | – | – |
| Jun 2016 | $9.21M | Series B | – | – | – |
| Jan 2014 | $9M | Series A | – | – | – |
| Feb 2012 | $3.43M | Seed | – | – | – |
| Feb 2012 | Debt – Conventional | – | – | – | |
| Jan 2012 | $425,000 | Seed | – | – | – |
| Jan 2012 | $975,000 | Seed | – | – | – |
Timeline of trueEX
3 dated milestones of trueEX across 9 years, from founding to its latest funding, stage changes and deals.
- Founded trueEX is founded.
- Funding First funding round of $1.1M.
- Funding Latest funding round, Series C, of $24.4M.
Competitors of trueEX
trueEX has 3 listed competitors in our database, 2 of them funded. They include CME Group, Mercaris and Railbird.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cmegroup.com | 1848 | Chicago, United States | 3,565 | Online trading and financial data exchange marketplace for capital assets | ||
| mercaris.com | 2012 | Silver Spring, United States | $9.17M | 9 | Provider of market data and trading platform for organic & non-GMO commodities | |
| railbirdexchange.com | 2021 | New York, United States | $125,000 | Risk management, price discovery, and data solutions are provided. |
Detailed competitors of trueEX
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Top companies in Investment & Financial Technology
3 companies that operate in the same segment as trueEX (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 Trueex
Complete news archive for trueEX
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Frequently Asked Questions about trueEX
trueEX was founded in 2010 and raised its 1st funding round 1 year after it was founded.
trueEX is headquartered in New York, United States. It is registered at New York, New York, United States.
trueEX is a funded company, having raised a total of $77.08M across 12 funding rounds to date. The company's 1st funding round was a Seed of $975K, raised on Jul 2011.
trueEX was established in 2010 in New York, United States, as an electronic execution platform for the global interest rate swaps market. Services are provided to market makers, asset managers, hedge funds, and other buy-side firms through this exchange. Operations focus on facilitating trades in interest rate swap contracts within the financial sector.