trueEX

About

TrueEX is a financial technology company providing electronic execution platforms for the global interest rate swaps (IRS) market.

New York,New York,United States
101 - 250
http://www.trueex.com

Highlights

Details

Last Funding Type: Debt Financing
Last Funding Money Raised: $3.42M
Industries: Blockchain,Electronics,Enterprise Software,Finance,Financial Services,FinTech,Risk Management,Venture Capital
Founded date: Jan 1, 2010
Number Of Employee: 101 - 250
Operating Status: Active
Legal Name: trueEX Group LLC
Also Known As: trueSEF LLC,SwapCo Holdings LLC

Based in NYC, trueEX is an electronic execution platform for the global interest rate swaps (IRS) market. It will initially serve the $300 trillion global interest rate swaps (IRS) market and expand into other liquid derivatives as appropriate. Interest rate swaps are currently traded largely over the phone, without regulatory oversight, pre-trade or post-trade transparency, and with very little automation.

The trueEX electronic exchange has been designed to serve the needs of both market makers as well as asset managers, hedge funds, and other buy-side firms.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

8

$37.13M

trueEX has raised a total of $37.13M in funding over 2 rounds. Their latest funding was raised on Feb 26, 2016 from a Series Unknown round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Feb 26, 2016	Series Unknown	$7.75M	—	—	—	Detail
Jun 6, 2014	Series Unknown	$9.21M	—	—	—	Detail
Jan 30, 2014	Series Unknown	$9M	—	—	—	Detail
Jul 23, 2013	Series Unknown	$5M	1	Partnership Fund for New York City	—	Detail
Apr 5, 2012	Debt Financing	$3.42M	—	—	—	Detail