When was SDM founded?

SDM was founded in 2017 and raised its 1st funding round 4 years after it was founded.

Where is SDM located?

SDM is headquartered in Toronto, Canada. It is registered at 4214 MANN CT,CARROLLTON,TX,75010,61.

How many employees does SDM have?

As of Jun 30, 2026, the latest employee count at SDM is 37.

Is SDM a funded company?

SDM is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Oct 06, 2021.

When was the latest funding round of SDM?

SDM's latest funding was a $***** Series A round on Oct 06, 2021, with participation from 3 investors. Its primary sector is Cryptocurrencies. Globally, the Cryptocurrencies sector has seen $3.53B in funding in 2026 to date.

Where does SDM rank among its competitors?

SDM ranks 9th amongst 41 active competitors, of which 10 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Crossover Markets, which secured $31M in Mar, 2026.

Who are the top competitors of SDM?

SDM's top competitors include Paradigm, Elwood and Crossover Markets. Among them, Crossover Markets secured the most recent funding round in March, 2026.

SDM - 2026 Company Profile, Team, Funding & Competitors

SDM is a series A company based in Toronto (Canada), founded in 2017 by Zachary Friedman. It operates as a Provider of digital asset liquidity and settlement solutions for institutions. SDM has raised $4M in funding from Alpha Sigma Capital. The company has 41 active competitors, including 10 funded and 4 that have exited. Its top competitors include companies like Paradigm, Elwood and Crossover Markets.

Company Details

Provider of digital asset liquidity and settlement solutions for institutions. The company offers onramps into the digital currency market, accommodating execution needs through multiple technology solutions. Services include GUI, API, and RFQ. The company supports trading for numerous digital assets. It facilitates onboarding, deposit, trade, and settlement of digital asset transactions.

Website: www.sdm.co/
Social
Registered Address: 4214 MANN CT,CARROLLTON,TX,75010,61

Key Metrics

Founded Year

2017

Location

Toronto, Canada

Stage

Series A

Total Funding

$4M in 1 round

Latest Funding Round

Series A, Oct 06, 2021, $*****

Investors

Alpha Sigma Capital & 2 more

Ranked

9^th among 41 active competitors

Employee Count

37 as on Jun 30, 2026

Similar Companies

Paradigm & 43 more

View SDM's full profile

SDM is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SDM FINANCIAL, INC. CIN: 17527532604 , United States, Active	Feb 25, 1998	-	-	-

SDM has raised a total funding of $4M over 1 round. Its latest funding round was a Series A round on Oct 06, 2021 for $*****. 3 investors participated in its latest round. SDM has 2 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of SDM:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 06, 2021	6180057	Series A	7792741	9306632	1356969	4842591

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View details of SDM's funding rounds and investors

The founders of SDM is Zachary Friedman.

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

Zachary Friedman: Co-Founder of SDM and founder of 2 other companies, Gda Group and Secure Digital Markets.
Contact Info: 1 email address

View details of SDM's Founder profiles and Board Members

SDM's employee count trend

SDM has 37 employees as of Jun 26. Here is SDM's employee count trend over the years:

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Top competitors of SDM include Paradigm, Elwood and Crossover Markets. Here is the list of Top 10 competitors of SDM, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Paradigm 2010, New York City (United States), Series A	Online platform for automated trading in cryptocurrencies	$39.5M	Jump Capital, Almeda Ventures & 26 others	63/100
2nd	Elwood 2018, London (United Kingdom), Series A	Online digital asset platform for institutions	$70M	Dawn Capital, Goldman Sachs & 9 others	58/100
3rd	Crossover Markets 2022, New York City (United States), Series B	Online platform that is a developer of digital asset exchange	$49.4M	Illuminate Financial, DRW Trading Group & 15 others	56/100
4th	SFOX 2014, San Francisco (United States), Series A	Institutional crypto platform providing liquidity, security, and infrastructure for digital assets	$22.8M	Social Capital, Tribe Capital & 17 others	56/100
5th	WOO 2019, Taipei (Taiwan), Series A	App-based liquidity and trading platform for cryptocurrency	$61M	Three Arrows Capital, Wintermute & 43 others	55/100
6th	Zodia Markets 2021, London (United Kingdom), Series A	Institution-first digital asset exchange and brokerage focused on institutional crypto trading	$18.3M	Pharsalus, Circle & 2 others	55/100
7th	Ovex 2017, Johannesburg (South Africa), Series A	Institutional-grade custodian and cryptocurrency exchange platform	$4M	Newtownpartners, Alameda Research	50/100
8th	Easy Crypto 2013, Auckland (New Zealand), Acquired	Cryptocurrency trading platform for business, trusts, and self-managed super funds	$28.8M	Nuance, Icehouse Ventures & 9 others	45/100
9th	SDM 2017, Toronto (Canada), Series A	Provider of digital asset liquidity and settlement solutions for institutions	$4M	Alpha Sigma Capital, Avalon Fund & 1 others	43/100
10th	QCP Capital 2017, Singapore (Singapore), Funding Raised	Online trading platform for crypto assets	-	-	43/100