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.

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 Sep 30, 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 15th amongst 3494 active competitors, of which 45 are funded. It stands 3rd 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 Oanda, Plus500 and Pepperstone. 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 3494 active competitors, including 45 funded and 69 that have exited. Its top competitors include companies like Oanda, Plus500 and Pepperstone.

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 **********

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

15^th among 3494 active competitors

Employee Count

43 as on Sep 30, 2026

Similar Companies

Oanda & 6986 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	Reports
BOUND AROUND LIMITED CIN: 3335845 , United Kingdom, Deadpooled	Mar 18, 1997	-	1 (As on Oct 31, 2023)
BOUND RATES LIMITED CIN: 13036275 , United Kingdom, Active	Nov 22, 2020	-	2 (As on Jan 31, 2022)

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	3401063	Series A	9884851	3284803	6361074	2021283
Jun 17, 2022	9323701	Series A	6016108	6032897	6843561	2206462
Nov 19, 2021	1051891	Seed	5535308	8973290	Valar Ventures & 2 more	7397604

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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: 2 email addresses
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 Sep 26. Here is Bound's employee count trend over the years:

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Top competitors of Bound include Oanda, Plus500 and Pepperstone. 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	Oanda 1995, San Francisco (United States), Acquired	Provider of online trading platform for forex, CFDs, and cryptocurrency	$117M	T. Rowe Price, Cascade Investment Group & 6 others	74/100
2nd	Plus500 2008, London (United Kingdom), Public	Online trading platform offering CFDs across global financial markets	-	BlackRock, Viola FinTech & 1 others	73/100
3rd	Pepperstone 2010, Nassau City (Bahamas), Late Stage	Provider of online platform for trading contracts for difference instruments	-	CPE Capital, InGlobo	66/100
4th	XM 2009, Limassol (Cyprus), Unfunded	Forex broker	-	-	66/100
5th	IG 1974, London (United Kingdom), Public	Online trading platform for capital market assets	-	-	66/100
6th	Exness Group 2008, Limassol (Cyprus), Funding Raised	Forex Broker	-	Village Capital	66/100
7th	XTB Online Trading 2002, Warsaw (Poland), Public	Provider of forex broking services	-	Enterprise Investors	64/100
8th	Skilling 2016, Strovolos (Cyprus), Acquired	Online trading platform for forex and multiple commodities	$17.1M	Optimizer Invest, Kinetic Investments & 2 others	63/100
9th	FxPro 2006, Limassol (Cyprus), Unfunded	Trading platform for multi-assets	-	-	63/100
10th	Capex 2016, Umhlanga (South Africa), Series B	Multi-asset trading platform for individuals	$42M	Moore & Moore Investments Group, MML Ventures ... & 1 others	62/100
15th	Bound 2021, London (United Kingdom), Series A	Online platform for trading in forex	$41M	Album VC, Valar Ventures & 4 others	62/100