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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

Social
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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
Employee Count
8 as on Mar 31, 2026
Similar Companies
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
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Railbird's founders and board of directors

Founder? Claim Profile
The founders of Railbird are Miles Saffran and Edward Tian.
Here are the details of Railbird's key team members:

Railbird's employee count trend

Railbird has 8 employees as of Mar 26. Here is Railbird's employee count trend over the years:
Employee count trend for Railbird
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for CME Group
CME Group
1848, Chicago (United States), Public
Online trading and financial data exchange marketplace for capital assets
-
74/100
2nd
Logo for trueEX
trueEX
2010, New York City (United States), Series C
Contract marketplace for interest rate swaps
$77.1M
41/100
3rd
Logo for Railbird
Railbird
2021, New York City (United States), Acquired
Provider of risk management, price discovery, and data solutions
$500K
42/100
4th
Logo for Mercaris
Mercaris
2012, Silver Spring (United States), Acquired
Independent market intelligence for energy, commodity, agriculture, and related industries
$9.17M
39/100
5th
Logo for Tapp Finance
Tapp Finance
2023, Seattle (United States), Seed
Option trading platform for individuals
$300K
-
30/100
6th
Logo for Cunningham
Cunningham
1982, Itasca (United States), Acquired
Online trading platform for futures and options
-
-
28/100
7th
Logo for Transact Futures
Transact Futures
1998, Chicago (United States), Acquired
Futures trading platform
-
-
28/100
8th
Logo for IRONBEAM
IRONBEAM
2011, Chicago (United States), Unfunded
Trading platform for futures and options
-
-
27/100
9th
Logo for Take Profit Trader
Take Profit Trader
2021, Windermere (United States), Unfunded
Provider of simulated futures trading accounts with potential for real payouts
-
-
27/100
10th
Logo for Cannon Trading
Cannon Trading
1988, Los Angeles (United States), Unfunded
Discount commodity futures broker providing platforms, education, and support since 1988
-
-
26/100
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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.
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FAQs about Railbird

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