When was Cinnober founded?

Cinnober was founded in 1997 and raised its 1st funding round 18 years after it was founded.

Where is Cinnober located?

Cinnober is headquartered in Stockholm, Sweden.

Who is the current CEO of Cinnober?

Veronica Augustsson of Cinnober. They are also an angel investors in 1 startup.

How many employees does Cinnober have?

As of Jul 01, 2024, the latest employee count at Cinnober is 52.

Is Cinnober a funded company?

Cinnober is a funded company, having raised a total of $2.81M across 3 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Jan 14, 2015.

When was the latest funding round of Cinnober?

Cinnober's latest funding was a $***** Grant (prize money) round on Sep 30, 2016, with participation from 1 investor. Its primary sector is Investment Tech. In Sweden, the Investment Tech sector has seen $14.2M in funding in 2026 to date.

Where does Cinnober rank among its competitors?

Cinnober ranks 65th amongst 484 active competitors, of which 56 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Capitolis, which secured $56M in Aug, 2025.

Who are the top competitors of Cinnober?

Cinnober's top competitors include Virtu, Upvest and ION Group. Among them, Capitolis secured the most recent funding round in August, 2025.

Cinnober - 2026 Company Profile, Team, Funding & Competitors

Cinnober is an acqui-hired company based in Stockholm (Sweden), founded in 1997. It operates as a Software solutions for trading and clearing venues. Cinnober has raised $2.81M in funding. The company has 484 active competitors, including 56 funded and 64 that have exited. Its top competitors include companies like Virtu, Upvest and ION Group.

Company Details

Cinnober provides software solutions and services to trading and clearing venues, including exchanges, clearinghouses, banks and brokers. Its TRADExpress system offers risk management, whole cycle of client clearing: trade capture to settlement, realtime clearing, information manager, detect market abuse to presentable evidence and make trade reporting easier using boatplatform. In May 2012, Cinnober acquired outpost from Nomura for an undisclosed sum. In Jul 2014, it acquired Board - trade reporting service from Markit for an undisclosed sum.

Website: cinnober.com
Social
Email ID: *****@cinnober.com

Key Metrics

Founded Year

1997

Location

Stockholm, Sweden

Stage

Acqui-Hired

Total Funding

$2.81M in 3 rounds

Latest Funding Round

Grant (prize money), Sep 30, 2016, $*****

Investors

European Commission & 4 more

Ranked

65^th among 484 active competitors

Employee Count

52 as on Jul 01, 2024

Investment & Acquisitions

Ancoa & 3 more

Similar Companies

Virtu & 583 more

View Cinnober's full profile

Cinnober has raised a total funding of $2.81M over 3 rounds. Its first funding round was on Jan 14, 2015. Its latest funding round was a Grant (prize money) round on Sep 30, 2016 for $*****. 1 investor participated in its latest round. Cinnober has 5 institutional investors.

Here is the list of recent funding rounds of Cinnober:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 30, 2016	4537093	Grant (prize money)	5302034	8940344	3136269	6899535
Apr 01, 2015	1858019	Grant (prize money)	9575449	5551815	1604270	Europa
Jan 14, 2015	7868714	Series B	6831493	8300249	4045832	European Commission

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Cinnober's employee count trend

Cinnober has 52 employees as of Jul 24. Here is Cinnober's employee count trend over the years:

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Top competitors of Cinnober include Virtu, Upvest and ION Group. Here is the list of Top 10 competitors of Cinnober, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Virtu 2008, New York City (United States), Public	Suite of solutions for managing trade-related processes	-	Silver Lake, Periphas Capital & 4 others	71/100
2nd	Upvest 2017, Vaduz (Liechtenstein), Series C	Trade management suite for fiat and digital assets	$197M	Notion, Bessemer Venture Partners & 15 others	69/100
3rd	ION Group 1998, New York City (United States), Late Stage	Treasury management solutions for financial institutions and banks	$400M	The Carlyle Group, TA & 3 others	68/100
4th	Capitolis 2016, New York City (United States), Series D	Offers trade management solutions for investors	$358M	State Street, Citi & 20 others	67/100
5th	Halo Investing 2015, Chicago (United States), Series C	Software suite for investment professionals	$120M	Owl Capital Group, Allianz Life Ventures & 5 others	65/100
6th	Vestmark 2001, Wakefield (United States), Series C	Trade management solutions for capital market brokers	$64.2M	Summit Partners, Hub Angels & 6 others	64/100
7th	Tradier 2012, Charlotte (United States), Series B	Brokerage services and technology solutions for active traders and businesses	$27.7M	PEAK6, F-Prime Capital & 2 others	64/100
8th	Finastra 2017, London (United Kingdom), Funding Raised	Provider of financial software solutions for lending, payments, and universal banking	-	Fisher Lynch Capital, Vista Equity Partners ... & 6 others	63/100
9th	Spotware 2010, Limassol (Cyprus), Series A	Trade related solution provider	$16M	-	62/100
10th	MyVest 2001, San Francisco (United States), Acquired	Enterprise wealth management platform powering personalized, tax-optimized portfolios at scale	-	-	61/100
65th	Cinnober 1997, Stockholm (Sweden), Acqui-Hired	Software solutions for trading and clearing venues	$2.81M	European Commission, Spiltan & 3 others	39/100

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Cinnober has made 2 investments in companies including Play Pivit and TradeSports. Cinnober has also acquired 2 companies including Ancoa and Boat Services.

Here is the list of investments & acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
May 10, 2017	Acquisition	Ancoa	2010	London (United Kingdom)
Jul 01, 2014	Acquisition	Boat Services	2007	London (United Kingdom)
Jan 09, 2013	Investments	Play Pivit	2011	New York City (United States)