Trumid

Valuation $5B

About Trumid

Trumid is a financial technology company and fixed income electronic trading platform.
Headquarters Trumid, New York
Founded 2014-06-04
Industry Banking, Electronics, Finance, Financial Services, FinTech, Trading Platform
Last Funding Type Private Equity
Valuation 5
Total Funding $458.25 million dollars
IPO Status Private

Financial

Trumid may be growing as it has been reported to have taken more than 50% of the electronic trading market share in its sector. This significant market share indicates a strong position in the electronic trading platform industry. Additionally, the company's leadership in investment-grade bond market share further suggests an expansion of its influence and operations within the financial technology space. The mention of Trumid in the context of long-term adoption and competition with other platforms implies that it has established a solid presence and is a recognized player in the market.

Trumid was recognized in this year's Fintech 50 Wall Street and Enterprise category, highlighting its significance in the fintech sector alongside other notable entities.
Funding Rounds 7
Number of Lead Investors 11
Total Funding Amount  $458.25 million dollars
Number of Investors 27

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