Trumid
Founded Year
2014Stage
Series F | AliveTotal Raised
$711.73MValuation
$0000Last Raised
$208M | 3 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-96 points in the past 30 days
About Trumid
Trumid operates as a financial technology company. It provides an electronic trading platform and provides corporate bond market professionals with direct access to anonymous and counterparty-disclosed liquidity. It primarily serves the financial technology sector. The company was founded in 2014 and is based in New York, New York.
Loading...
Trumid's Product Videos
Trumid's Products & Differentiators
The Trumid Platform
Trumid is a leading electronic corporate bond trading platform focused on US dollar-denominated Investment Grade, High Yield, Distressed, and Emerging Market bonds. We offer both Anonymous and Attributed trading protocols and with our IOI based protocol allows users to use a single indication to identify where the optimal trading opportunity exists.
Loading...
Expert Collections containing Trumid
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Trumid is included in 6 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,244 items
Wealth Tech
2,530 items
Companies and startups in this collection digitize & streamline the delivery of wealth management. Included: Startups that offer technology-enabled tools for active and passive wealth management for retail investors and advisors.
Fintech 100
1,247 items
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Capital Markets Tech
1,122 items
Companies in this collection provide software and/or services to institutions participating in primary and secondary capital markets: institutional investors, hedge funds, asset managers, investment banks, and companies.
Tech IPO Pipeline
282 items
Track and capture company information and workflow.
Fintech
9,295 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Trumid Patents
Trumid has filed 1 patent.
The 3 most popular patent topics include:
- bonds (finance)
- derivatives (finance)
- financial markets
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
12/11/2019 | Financial markets, Stock market, Derivatives (finance), Bonds (finance), Securities (finance) | Application |
Application Date | 12/11/2019 |
|---|---|
Grant Date | |
Title | |
Related Topics | Financial markets, Stock market, Derivatives (finance), Bonds (finance), Securities (finance) |
Status | Application |
Latest Trumid News
Sep 9, 2024
Share this article Electronic bond trading platform announces monthly activity NEW YORK, Sept. 9, 2024 /PRNewswire-PRWeb/ -- Trumid, a financial technology company and fixed income electronic trading platform, today announced trade volume and user participation highlights for August 2024. August Highlights: Overall market share up 24% year-over-year across U.S. investment grade and high yield corporate bonds. Strong client uptake of Trumid RFQ translated into record traded volume and record month-on-month growth in traded volume in August, up around 40% versus July 2024. In an active summer month for U.S. dollar bond issuance, Trumid continued to strengthen its new issue market share. Across both investment grade and high yield, Trumid accounted for more than a third of all new issue secondary trading of deals in the market during the first two days of trading. The daily average number of users executing a trade more than doubled year-over-year in Trumid's Swarms protocol. Record platform participation in August resulted in 43% more users trading each day on Trumid compared to a year ago. The majority of traders transacted in more than one Trumid protocol. Over 9,000 bonds traded on the platform for the fifth consecutive month and over 1,300 users transacted on Trumid for the eighth consecutive month. About Trumid Trumid is a financial technology company and fixed income electronic trading platform focused on US dollar-denominated Investment Grade, High Yield, Distressed, and Emerging Market bonds. Trumid optimizes the credit trading experience by combining agile technology and market expertise, with a focus on product design. The result is a differentiated ecosystem of protocols and trading solutions delivered within one intuitive platform. Learn more at www.trumid.com . © 2024 Trumid Holdings LLC and its affiliates. All rights reserved. Trumid Financial LLC is regulated by the SEC and is a member of FINRA and SIPC. Information included in this message does not constitute a trade confirmation or an offer or solicitation of an offer to buy/sell securities or any other products. There is no intention to offer products and services in countries or jurisdictions where such an offer would be unlawful under the relevant domestic law. Media Contact SOURCE Trumid
Trumid Frequently Asked Questions (FAQ)
When was Trumid founded?
Trumid was founded in 2014.
Where is Trumid's headquarters?
Trumid's headquarters is located at 1411 Broadway, New York.
What is Trumid's latest funding round?
Trumid's latest funding round is Series F.
How much did Trumid raise?
Trumid raised a total of $711.73M.
Who are the investors of Trumid?
Investors of Trumid include Singapore Exchange, Dragoneer Investment Group, T. Rowe Price, TPG Capital, DST Global and 18 more.
Who are Trumid's competitors?
Competitors of Trumid include Q4, Axoni, New York Shipping Exchange, IEX, Capitolis and 7 more.
What products does Trumid offer?
Trumid's products include The Trumid Platform and 4 more.
Loading...
Compare Trumid to Competitors
Capitolis operates as a financial technology company. It offers capital marketplace solutions providing access to capital and portfolio optimization solutions. It allows market participants to reduce meaningful positions with banks and counterparties in their trading portfolios. It was founded in 2016 and is based in New York, New York.
TradeIX offers an open platform for trade finance. The company offers tools to transform and rewire the global trade infrastructure. It was founded in 2016 and is based in Dublin, Ireland.
Elefant is a data science Fintech focused on building smarter marketplaces through advanced analytics and abundant capital. Elefant has two operating companies: Elefant Sciences (data science) and Elefant Markets (FINRA regulated broker-dealer). Elefant Markets utilizes proprietary technology to provide liquidity, as principal, to asset managers in the corporate bond market.
sFOX is a full-service crypto prime dealer that operates in the financial services industry, focusing on institutional investors. The company offers a suite of services including trading, liquidity solutions, secure custody, staking, prime services, and API integration to facilitate digital asset transactions. sFOX caters primarily to institutions, asset managers, financial institutions, advisors, hedge funds, crypto exchanges, family offices, and sophisticated individual traders. sFOX was formerly known as Ox Labs Inc.. It was founded in 2014 and is based in El Segundo, California.
CloudMargin is a cloud-based collateral management workflow tool. The firm's Software-as-a-Service model helps financial institutions – including exchanges, brokerage firms, banks, asset management firms and insurance companies – meet regulatory deadlines and reduce costs associated with collateral requirements that are growing. CloudMargin enables clients to experience rapid implementation and access to robust and secure collateral management workflow software.
Q4 is a provider of capital markets access platforms, operating within the financial technology sector. The company offers products including IR website products, virtual events solutions, engagement analytics, investor relations CRM, shareholder and market analysis, surveillance, and ESG tools, designed to facilitate efficient communication and engagement between issuers, investors, and the sell-side. Q4 primarily serves public companies across various industries seeking to enhance their investor relations and capital market activities. It was founded in 2006 and is based in Toronto, Ontario.
Loading...