About TradeVela
TradeVela is a Technology company based in New York (United States) founded in 2007. High-frequency trading technology and market data solutions are provided. TradeVela has raised $106 million across 3 funding rounds from investors including Marlin Equity Partners and Insight Partners. TradeVela has completed 3 acquisitions, including Object Trading, OptionsCity and Wombat Financial Software. Its focus areas include Enterprise Applications, Data as a Service, Industries and Investment Data. Its legal entity in India is Vela Trading Systems India Private Limited (U74900PN2012FTC144900). Its competitors include BondCliq, Tower Research Capital and Intex; 1 of its 3 listed competitors has raised funding.
Company details
Vela was founded in 2007 in New York, United States, focusing on the financial technology sector. High-frequency trading platforms and market data services are offered, including enterprise trading systems, data access tools, reporting options, and managed services. Flagship software such as SREX and SMDS supports electronic trading. Solutions cater to bulge bracket banks, proprietary trading firms, and hedge funds across global markets.
- Headquarters New York, United States
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website tradevela.com
- Social LinkedIn X
- Legal Name Vela Trading Systems India Private Limited
- Date of Incorporation 01 Oct, 2012
- Jurisdiction Pune, Maharashtra, India
- Indian entity revenue₹26,885
FY 2021 · -100% YoY
- Indian entity net loss-₹2.7 Lakh
FY 2021 · -1006% margin
- Indian entity EBITDA-₹2.7 Lakh
FY 2021 · -1006% margin
- Total Equity Funding$106M (USD)
in 3 rounds
- InvestorsMarlin Equity Partners
& 1 more
- Investments & AcquisitionsObject Trading
& 2 more
Associated legal entities of TradeVela
TradeVela operates through Vela Trading Systems India Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Vela Trading Systems India Private Limited CIN U74900PN2012FTC144900 | Strike Off | 01 Oct 2012 | Pune, Maharashtra | ₹0.0 Cr | 3 | View details |
Funding Insights of TradeVela
TradeVela has successfully raised a total of $106M 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 $106M
- Total Rounds 3
- First Round $53M
(Jan 2013)
- Investors Count 2
All 3 funding rounds of TradeVela 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 |
|---|---|---|---|---|---|
| May 2021 | Series D | – | – | ||
| Jan 2013 | $53M | Series C | – | Insight Partners | – |
| Jan 2013 | $53M | Private Equity Round | – | – |
2 investors in total: 2 institutional.
Investors in TradeVela
TradeVela has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Marlin Equity Partners and Insight Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Global private equity investments are managed by the firm. | 2004 | marlinequity.com | Los Angeles, United States | |
Investment firm scaling software and technology companies from early to late stages. | insightpartners.com |
Investor details for TradeVela
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Vela Trading Systems India Private Limited (TradeVela)
Vela Trading Systems India Private Limited is the primary company behind TradeVela. The board of Vela Trading Systems India Private Limited currently have 3 directors; the longest-serving is Jennifer Peggyjoan Nayar, appointed in 2015. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jennifer Peggyjoan Nayar DIN 07370907 | Director | 15 Dec 2015 | 10 yrs 10 mo | Vela Trading Systems India Private Limited |
| Terrence Robert Gray DIN 08236214 | Director | 25 Sep 2018 | 8 yrs 1 mo | Vela Trading Systems India Private Limited |
| Prachi Dhiraj Gedam DIN 08455486 | Director | 29 May 2019 | 7 yrs 5 mo | Vela Trading Systems India Private Limited |
People of TradeVela
20 people are tracked at TradeVela (9 in leadership, 11 in team).
| Name | Role | Group |
|---|---|---|
Brendan O’Sullivan | Global Head of Managed Services | Leadership |
| CEO | Leadership | |
Wendy Chan | Global Head of Marketing | Leadership |
TERRY GRAY | Chief Financial Officer | Leadership |
Kathy A Rubio | Sales Director | Leadership |
Scott Visconti | CTO | Leadership |
Daniel Rooney | Global Head of Sales | Leadership |
Robert Hanley | Global Head of Project Management and Delivery | Leadership |
Keith Cacciola | Global Head of Account Management | Leadership |
Kanchana Sunnapu | Network Engineer | Team |
David Cromwell | Senior Service Operations Engineer | Team |
John Lawson | Senior Software Engineer | Team |
Adrienne A. | Project Manager | Team |
Andrew Lang | Principal Software Engineer | Team |
Mark Fulton | Site Reliability Engineer | Team |
Mildred Frisco | Platform Technical Operations Engineer | Team |
James Almendrala | Support Engineer | Team |
Amol Bhise | Software Developer | Team |
Miguel Fonseca | Sales Engineer | Team |
Raja Roy | Senior Software Developer | Team |
Complete people profiles for TradeVela
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of TradeVela
Figures of Vela Trading Systems India Private Limited, the primary company behind TradeVela, for FY 2021. Revenue was ₹26,885 (-100% year on year). Net loss was -₹2.7 Lakh (-1006% margin). EBITDA was -₹2.7 Lakh (-1006% margin). Revenue has grown at a compounded annual rate of -90% over three years and -74% over five years.
- ₹26,885Revenue · FY 2021 · -100% YoY
- -₹2.7 LakhNet loss · -1006% margin
- -₹2.7 LakhEBITDA · -1006% margin
- ₹3.9 LakhPaid-up capital
- -90%Revenue CAGR, 3 years
- -74%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Vela Trading Systems India Private Limited are on its company page.
Detailed financial statements for TradeVela
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by TradeVela
TradeVela has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Object Trading, OptionsCity and Wombat Financial Software.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Multi-asset trading infrastructure is provided for buy and sell-side firms. | objecttrading.com | London, United Kingdom | 2000 | Jul 2017 | •••• | |
Trading and risk management solutions are provided for financial institutions. | optionscity.com | Chicago, United States | 2006 | Jun 2017 | •••• | |
Financial market data and management solutions are provided to institutions. | wombatfs.com | New York, United States | 2020 | Jun 2014 | •••• |
Complete acquisition details for TradeVela
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of TradeVela
6 dated milestones of TradeVela across 14 years, from founding to its latest funding, stage changes and deals.
- Founded TradeVela is founded.
- Funding First funding round of $53.0M.
- Acquisition Acquires Wombat Financial Software.
- Acquisition Acquires OptionsCity.
- Acquisition Acquires Object Trading.
- Funding Latest funding round, Series D,.
Competitors of TradeVela
TradeVela has 3 listed competitors in our database, 1 of them funded. They include BondCliq, Tower Research Capital and Intex.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bondcliq.com | 2016 | New York, United States | $11.65M | Central market system for the corporate bond market | ||
| tower-research.com | 1998 | New York, United States | 425 | Offers quantitative trading, engineering, and liquidity provision for financial markets worldwide. | ||
| intex.com | 1985 | Needham, United States | 42 | Data and analytical solutions are offered for global structured finance. |
Detailed competitors of TradeVela
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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 TradeVela (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 Tradevela
Complete news archive for TradeVela
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Frequently Asked Questions about TradeVela
TradeVela was founded in 2007 and raised its 1st funding round 6 years after it was founded.
TradeVela is headquartered in New York, United States. It is registered at New York, New York, United States.
TradeVela is a funded company, having raised a total of $106M across 3 funding rounds to date. The company's 1st funding round was a Private Equity Round of $53M, raised on Jan 2013.
The primary company behind TradeVela, Vela Trading Systems India Private Limited, reported revenue of ₹26,885 for FY 2021, down 100% year on year.
Vela was founded in 2007 in New York, United States, focusing on the financial technology sector. High-frequency trading platforms and market data services are offered, including enterprise trading systems, data access tools, reporting options, and managed services. Flagship software such as SREX and SMDS supports electronic trading. Solutions cater to bulge bracket banks, proprietary trading firms, and hedge funds across global markets.
TradeVela's top competitors include BondCliq, Intex and Tower Research Capital.
TradeVela has made 3 acquisitions, including Object Trading, OptionsCity, and Wombat Financial Software.
TradeVela has 2 investors. Key investors include Marlin Equity Partners, and Insight Partners.
TradeVela operates through Vela Trading Systems India Private Limited.
The legal entities of TradeVela currently have 3 directors, including Prachi Dhiraj Gedam, Jennifer Peggyjoan Nayar, Terrence Robert Gray.