About Trumid
Trumid is a company based in New York (United States) founded in 2014. Trumid has raised $722.28 million across 12 funding rounds from investors including CreditEase, BlackRock and TPG. The company has 27 employees as of December 31, 2022. Trumid has completed 1 acquisition, including Electronifie. Trumid offers products and services including Trumid Platform and Quantitative Products. Trumid operates in a competitive market with competitors including MarketAxess Holdings, Origin, Direct Match, Bonds and MTS Markets, among others.
- Headquarter New York, United States
- Employees 27 as on 31 Dec, 2022
- Stage Unicorn
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Sectors
Technology
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Email
Locked
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Phone
Locked
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Website
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Social
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- Legal Name Trumid Financial Llc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$722.28 M (USD)
in 12 rounds
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Latest Funding Round
$208 M (USD), Series E
Oct 12, 2021
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Investors
CreditEase
& 14 more
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Employee Count
27
as on Dec 31, 2022
- Investments & Acquisitions
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Products & Services of Trumid
Trumid offers a comprehensive portfolio of products and services, including Trumid Platform and Quantitative Products.
Platform for fixed income trading with customizable data feeds.
Tools for market data analysis and trade optimization.
People of Trumid
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Software Development Team
27 people
Data Analysis and Operations Team
5 people
Product Management Team
5 people
Leadership Team
4 people
Senior Team
4 people
Sales and Marketing
2 people
Human Resources and Administration
2 people
Desktop Team
2 people
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Funding Insights of Trumid
Trumid has successfully raised a total of $722.28M across 12 strategic funding rounds. The most recent funding activity was a Series E round of $208 million completed in October 2021. 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.
Investors in Trumid
Trumid has secured backing from 15 investors, including institutional and venture fund investors. Prominent investors backing the company include CreditEase, BlackRock and TPG.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments in financial services sector are facilitated.
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Private equity & fixed income investments focused hedge fund
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Private equity investments are made in technology-enabled growth companies.
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Investor details for Trumid
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Investments & Acquisitions by Trumid
Trumid has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Electronifie.
Investment portfolio details for Trumid
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Corporate bonds are traded on a liquidity-focused platform for institutions.
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Complete acquisition details for Trumid
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Financial Statements - Trumid
Detailed financials for Trumid
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Trumid Comparisons
Peer comparison for Trumid
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Competitors of Trumid
Trumid 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 MarketAxess Holdings, Origin, Direct Match, Bonds and MTS Markets, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Fixed-income instruments are traded through an AI-based platform.
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Additive manufacturing platform for mass production
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Trading platform for US Treasuries.
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Trading platform serving institutional fixed income investors.
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Electronic fixed income trading is operated by MTS Markets.
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Detailed competitors of Trumid
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Latest news on Trumid
Complete news archive for Trumid
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Frequently Asked Questions about Trumid
Trumid was founded in 2014.
Trumid is headquartered in New York, United States. It is registered at New York, New York, United States.
Michael Sobel is the current CEO of Trumid.
Trumid is a funded company, having raised a total of $722.28M across 12 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Trumid is 27.
Founded in 2014 and based in New York, United States, the platform is centered on electronic trading of fixed-income securities and corporate bonds. Liquidity access for traders is provided via Market Center 2.0. Protocol flexibility is supported, along with APIs for market data and order management. Operations are conducted in the financial sector, emphasizing bond market efficiency.
Trumid's top competitors include MarketAxess Holdings, Origin and Glimpse.
Trumid offers Trumid Platform and Quantitative Products.
Trumid has made 1 acquisition, including Electronifie.
Trumid has 15 investors. Key investors include CreditEase, BlackRock, TPG, T. Rowe Price, and Deutsche Börse Group.
The valuation of Trumid is $2.4B as of Oct 2021.