When was Bound founded?

Bound was founded in 2021 and raised its 1st funding round within a year of its incorporation.

Where is Bound located?

Bound is headquartered in London, United Kingdom. It is registered at 51 LIVESEY STREET,WATERINGBURY,KENT,ME18 5BQ.

Who is the current CEO of Bound?

Seth M Phillips of Bound. They have also founded 1 company.

Which legal entities is Bound associated with?

Bound is associated with BOUND RATES LIMITED and 1 other.

How many employees does Bound have?

As of Jul 31, 2026, the latest employee count at Bound is 43.

Is Bound a funded company?

Bound is a funded company, having raised a total of $41M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Nov 19, 2021.

When was the latest funding round of Bound?

Bound's latest funding was a $***** Series A round on Feb 05, 2026, with participation from 3 investors.

Where does Bound rank among its competitors?

Bound ranks 5th amongst 476 active competitors, of which 6 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Bound, which secured $24.5M in Feb, 2026.

Who are the top competitors of Bound?

Bound's top competitors include Webull, Plus500 and IG. Among them, Bound secured the most recent funding round in February, 2026.

Bound - 2026 Company Profile, Team, Funding, Competitors & Financials

Bound is a series A company based in London (United Kingdom), founded in 2021 by Daniel Kindler and Seth M Phillips. It operates as an Online platform for trading in forex. Bound has raised $41M in funding from investors like Valar Ventures, Moonfire and AlbionVC. The company has 476 active competitors, including 6 funded and 13 that have exited. Its top competitors include companies like Webull, Plus500 and IG.

Company Details

Online platform for trading in forex. The company offers an auto hedging platform dedicated to making currency protection better for businesses and forex trading platforms. It is software for professional risk managers and traders. It can be integrated with existing software to streamline the process and make hedging easy.

Website: bound.co
Email ID: *****@bound.co
Phone Number: +44 **********
Registered Address: 51 LIVESEY STREET,WATERINGBURY,KENT,ME18 5BQ

Key Metrics

Founded Year

2021

Location

London, United Kingdom

Stage

Series A

Total Funding

$41M in 3 rounds

Latest Funding Round

Series A, Feb 05, 2026, $*****

Investors

Valar Ventures & 5 more

Ranked

5^th among 476 active competitors

Employee Count

43 as on Jul 31, 2026

Similar Companies

Webull & 6580 more

View Bound's full profile

Bound is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
BOUND RATES LIMITED CIN: 13036275 , United Kingdom, Active	Nov 22, 2020	-	2 (As on Jan 31, 2022)
BOUND AROUND LIMITED CIN: 3335845 , United Kingdom, Active	Mar 18, 1997	-	1 (As on Oct 31, 2023)

Bound has raised a total funding of $41M over 3 rounds. Its first funding round was on Nov 19, 2021. Its latest funding round was a Series A round on Feb 05, 2026 for $*****. 3 investors participated in its latest round. Bound has 6 institutional investors.

Here is the list of recent funding rounds of Bound:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 05, 2026	2236523	Series A	5419322	4935521	1332098	8262695
Jun 17, 2022	6441165	Series A	4970723	1294215	2048909	2300468
Nov 19, 2021	8229287	Seed	6998494	3085397	Valar Ventures & 2 more	7198019

Access funding benchmarks and valuations. Sign up today!

View details of Bound's funding rounds and investors

The founders of Bound are Daniel Kindler and Seth M Phillips. Seth M Phillips is the CEO of Bound.

Here are the details of Bound's key team members:

Daniel Kindler: Co-Founder & CTO of Bound.
Contact Info: 1 email address
Seth M Phillips: Co-Founder & CEO of Bound.
Contact Info: 1 email address

View details of Bound's Founder profiles and Board Members

Bound's employee count trend

Bound has 43 employees as of Jul 26. Here is Bound's employee count trend over the years:

Uncover Bound's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Bound include Webull, Plus500 and IG. Here is the list of Top 10 competitors of Bound, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Webull 2016, New York City (United States), Acquired	Broker-based online trading platform	$194M	Divine Capital, Lightspeed Venture Partners ... & 6 others	73/100
2nd	Plus500 2008, London (United Kingdom), Public	Online trading platform offering CFDs across global financial markets	-	BlackRock, Viola FinTech & 1 others	67/100
3rd	IG 1974, London (United Kingdom), Public	Online trading platform for capital market assets	-	-	66/100
4th	XTB Online Trading 2002, Warsaw (Poland), Public	Provider of forex broking services	-	Enterprise Investors	64/100
5th	Bound 2021, London (United Kingdom), Series A	Online platform for trading in forex	$41M	Valar Ventures, Album VC & 4 others	62/100
6th	Infinox 2009, London (United Kingdom), Unfunded	Multi-asset copy trading solution for consumers	-	-	61/100
7th	Equiti 2016, London (United Kingdom), Funding Raised	Online platform for trading in forex, commodities, indices, and shares	-	Forexify	59/100
8th	ActivTrades 2001, Nassau City (Bahamas), Unfunded	Provider of online trading platform for forex and CFD instruments	-	-	59/100
9th	ATFX 2017, London (United Kingdom), Unfunded	Broker-based online forex and CFD trading platform	-	-	56/100
10th	Alchemy Markets 2014, London (United Kingdom), Acquired	Trading platform for multi-assets	-	-	52/100