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Founded Year

2014

Stage

Series F | Alive

Total Raised

$711.73M

Valuation

$0000 

Last Raised

$208M | 3 yrs ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+5 points in the past 30 days

About Trumid

Trumid operates as a financial technology company. It offers 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.

Headquarters Location

1411 Broadway Suite 2410

New York, New York, 10018,

United States

212-618-0307

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Trumid's Product Videos

210506 Trumid Logo Full colour RGB.png

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.

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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.

U

Unicorns- Billion Dollar Startups

1,258 items

W

Wealth Tech

2,569 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.

F

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.

C

Capital Markets Tech

1,151 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.

T

Tech IPO Pipeline

282 items

Track and capture company information and workflow.

F

Fintech

9,394 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.

patents chart

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

Trumid appoints industry leader Ryan Gwin as Head of Data Solutions

Jan 23, 2025

News provided by Share this article Share toX Gwin to play a leading role in collaborating with Trumid clients around data, analytics, and automation NEW YORK, Jan. 23, 2025 /PRNewswire/ -- Trumid, a financial technology company and leading fixed income electronic trading platform, today announced the appointment of Ryan Gwin as Head of Data Solutions, continuing the expansion of Trumid's Data & Intelligence, and Automation teams. In this newly established role, Gwin's focus will be on the design, development, and distribution of customized data sets and insights to clients, underscoring Trumid's commitment to data-driven workflow and trade automation solutions, key themes in the market this year and for Trumid. Gwin will report to Jason Quinn, Chief Product Officer & Global Head of Sales, and will work closely with Mutisya Ndunda, Head of Data Strategy & AI at Trumid. Gwin's focus will be on the design, development, and distribution of customized data sets and insights to clients. Built and established over the past four years, Trumid's Data & Intelligence, and Automation teams include experienced cross-industry experts in artificial intelligence and machine learning, pricing and analytics, trade automation, and software engineering. Jason Quinn, Chief Product Officer & Global Head of Sales said, "Data is in the fabric of all that we do. As our network continues to grow and is enriched by the activity that is happening here, our distinct protocol set combined with our nimble technology stack creates vast opportunities to develop data solutions that can seamlessly integrate analytics with electronic and automated execution – areas that we're focused on and investing in for our clients. Bringing in a recognized data and analytics expert like Ryan Gwin allows us to further optimize platform intelligence for our clients, leveraging Ryan's extensive industry relationships and unique e-platform experience. Watch this space closely and expect further innovation from Trumid in these areas, in 2025 and beyond." Ryan Gwin said, "I've long admired Trumid's technology and its entrepreneurial mindset and believe that it's uniquely positioned to drive automation to the next level in the credit asset class. I'm excited to collaborate with clients and work closely with our Data & Intelligence, and Automation teams to leverage and create pricing and analytics tools across the Trumid platform." Trumid has already developed several data-led workflow solutions for clients, including its award-winning flagship product, Trumid FVMP™ (Fair Value Model Price),  a predictive bond pricing model designed to serve as a reliable and objective measure of corporate bond value. And in 2024, the company rolled out two key data-driven offerings for clients: Trumid AutoPilot™ for RFQ, marking Trumid's entry into automated trading solutions; and Trumid PT Pricer™, which estimates where a list of names should transact as a portfolio trade versus single name execution. Gwin joins Trumid from MarketAxess, where he led the strategy and distribution of its data business. Previously, Gwin was at Tradeweb, responsible for global sales and the development of its data, research, and analytics businesses. He began his career at Bloomberg. Trumid network engagement was at its highest levels in 2024, translating into record overall market share and platform growth. Trumid Average Daily Volume (ADV) was up 62% and platform market share grew 34% vs. 2023 boosted by accelerated client adoption of all Trumid trading protocols across all Trumid traded market segments – Investment Grade, High Yield, and Emerging Market bonds. Trumid press 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 . © 2025 Trumid Holdings, LLC, and its affiliates. All rights reserved. Trumid Financial, LLC is a broker dealer registered with the U.S. Securities and Exchange Commission ("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. 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, BlackRock, T. Rowe Price, DST Global and 18 more.

  • Who are Trumid's competitors?

    Competitors of Trumid include Capitolis, NYSHEX, Q4, Axoni, IEX and 7 more.

  • What products does Trumid offer?

    Trumid's products include The Trumid Platform and 4 more.

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