Railbird - About the company
Railbird is an acquired company based in New York City (United States), founded in 2021 by Miles Saffran and Edward Tian. It operates as a Provider of risk management, price discovery, and data solutions. Railbird has raised $500K in funding from Y Combinator. The company has 38 active competitors, including 3 funded and 5 that have exited. Its top competitors include companies like CME Group, trueEX and Mercaris.
Company Details
- Website
- www.railbirdexchange.com/
- Email ID
- *****@railbirdexchange.com
Key Metrics
Founded Year
2021
Location
New York City, United States
Stage
Acquired
Total Funding
$500K in 1 round
Latest Funding Round
Investors
Ranked
3rd among 38 active competitors
Employee Count
8 as on Mar 31, 2026
Exit Details
Acquired by DraftKings (Oct 22, 2025)
Railbird's acquisition details
Railbird got acquired by DraftKings on Oct 22, 2025.
Click here to take a look at Railbird's acquisition in detail
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Railbird's funding and investors
Railbird has raised a total funding of $500K over 1 round. Its latest funding round was a Seed round on Mar 2022 for $*****. 1 investor participated in its latest round. Railbird has 7 institutional investors.
Here is the list of recent funding rounds of Railbird:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 2022 | 1718531 | Seed | 7121428 | 7949391 | 9225814 | 9208852 |
View details of Railbird's funding rounds and investors
Railbird's founders and board of directors
Founder? Claim ProfileThe founders of Railbird are Miles Saffran and Edward Tian.
Here are the details of Railbird's key team members:
- Miles Saffran: Co-Founder of Railbird. Contact Info: 1 email address
- Edward Tian: Co-Founder of Railbird. Contact Info: 1 email address
View details of Railbird's Founder profiles and Board Members
Railbird's employee count trend
Railbird has 8 employees as of Mar 26. Here is Railbird's employee count trend over the years:
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Railbird's Competitors and alternates
Top competitors of Railbird include CME Group, trueEX and Mercaris. Here is the list of Top 10 competitors of Railbird, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | CME Group 1848, Chicago (United States), Public | Online trading and financial data exchange marketplace for capital assets | - | 74/100 | |
2nd | trueEX 2010, New York City (United States), Series C | Contract marketplace for interest rate swaps | $77.1M | 41/100 | |
3rd | Railbird 2021, New York City (United States), Acquired | Provider of risk management, price discovery, and data solutions | $500K | 42/100 | |
4th | Mercaris 2012, Silver Spring (United States), Acquired | Independent market intelligence for energy, commodity, agriculture, and related industries | $9.17M | 39/100 | |
5th | Tapp Finance 2023, Seattle (United States), Seed | Option trading platform for individuals | $300K | - | 30/100 |
6th | Cunningham 1982, Itasca (United States), Acquired | Online trading platform for futures and options | - | - | 28/100 |
7th | Transact Futures 1998, Chicago (United States), Acquired | Futures trading platform | - | - | 28/100 |
8th | IRONBEAM 2011, Chicago (United States), Unfunded | Trading platform for futures and options | - | - | 27/100 |
9th | Take Profit Trader 2021, Windermere (United States), Unfunded | Provider of simulated futures trading accounts with potential for real payouts | - | - | 27/100 |
10th | Cannon Trading 1988, Los Angeles (United States), Unfunded | Discount commodity futures broker providing platforms, education, and support since 1988 | - | - | 26/100 |
Looking for more details on Railbird's competitors? Click here to see the top ones
Railbird's Investments and acquisitions
Railbird has made no investments or acquisitions yet.
Reports related to Railbird
Here is the latest report on Railbird's sector:
News related to Railbird
Media has covered Railbird for a total of 7 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
•
ESPN and DraftKings Strike Exclusive Betting PartnershipTV Tech•Nov 06, 2025•ESPN Network, DraftKings, PENN Entertainment, Railbird
•
DraftKings Acquires Railbird to Expand into Prediction MarketsTipRanks•Oct 22, 2025•Railbird, DraftKings, Railbird Festival, BetMGM
•
DraftKings is reportedly in discussions to acquire prediction markets player Railbird
Seeking Alpha•Jul 14, 2025•DraftKings, Railbird
•
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