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TORA - About the company

TORA is an acquired company based in Hong Kong (China), founded in 2004. It operates as a Trade life cycle solutions for asset managers. TORA has raised $36.4M in funding from Goldman Sachs. The company has 291 active competitors, including 31 funded and 32 that have exited. Its top competitors include companies like OnCorps, IPC and Saphyre.

Company Details

Tora offers trade life cycle solutions for asset managers. It features tools for automating the entire trading process, execution, pre/post trade compliance tools, order, portfolio & risk management capabilities in global markets. Products include portfolio management system (PMS), order management system (OMS) and GRC systems among others. Provides proprietary algorithms (trading and strategy-focused) for mutual funds, hedge funds and sell-side proprietary trading desks.
Website
tora.com
Registered Address
House No. WZ-3500, Plot No. OLD-5, 3rd Floor, Mustail No-28, Raja Park, West Delhi, Pitampura, Delhi, India, 110026
Key Metrics
Founded Year
2004
Location
Hong Kong, China
Stage
Acquired
Total Funding
$36.4M in 2 rounds
Latest Funding Round
Investors
Ranked
Employee Count
285 as on Oct 31, 2026
Similar Companies
Exit Details
Acquired by LSEG (Feb 22, 2022)

TORA's acquisition details

TORA got acquired by LSEG on Feb 22, 2022 at an acquisition amount of $*****.
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TORA's funding and investors

TORA has raised a total funding of $36.4M over 2 rounds. Its first funding round was on Jan 27, 2010. Its latest funding round was a Series C round on Feb 23, 2010 for $*****. 1 investor participated in its latest round. TORA has 1 institutional investor.

Here is the list of recent funding rounds of TORA:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 23, 2010
8602154
Series C
6965970
9848850
4855717
7812092
Jan 27, 2010
5985578
Series C
3305761
5723582
3557630
6819783
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TORA's founders and board of directors

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TORA's employee count trend

TORA has 285 employees as of Oct 26. Here is TORA's employee count trend over the years:
Employee count trend for TORA
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TORA's Competitors and alternates

Top competitors of TORA include OnCorps, IPC and Saphyre. Here is the list of Top 10 competitors of TORA, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for OnCorps
OnCorps
2011, Boston (United States), Series C
Developer of AI platform for fund operations and reporting reviews
$60.8M
66/100
2nd
Logo for IPC
IPC
1973, Jersey City (United States), Acquired
End-to-end lifecycle tech solutions provider
-
63/100
3rd
Logo for Saphyre
Saphyre
2017, Hoboken (United States), Series B
Pre-trade and post-trade analytics and onboarding solutions
$88.7M
62/100
4th
Logo for FINBOURNE Technology
FINBOURNE Technology
2016, London (United Kingdom), Series B
Provider of a cloud-native data management platform tailored for investment management
$95.9M
60/100
5th
Logo for Charles River
Charles River
1984, Burlington (United States), Acquired
Cloud-based portfolio management solutions for wealth and investment managers
-
-
58/100
6th
Logo for Haruko
Haruko
2021, London (United Kingdom), Series A
Provider of portfolio and risk management solutions for digital assets
$33.1M
58/100
7th
Logo for Advent
Advent
1983, San Francisco (United States), Acquired
Portfolio management solutions for investment & wealth management firms
-
 
58/100
8th
Logo for Clear Street
Clear Street
2018, New York City (United States), Series B
Trade life cycle management platform for brokerages
$762M
58/100
9th
Logo for Additiv
Additiv
1998, Zurich (Switzerland), Acquired
Loan life cycle management software
$21.2M
56/100
10th
Logo for Montran
Montran
1979, New York City (United States), Unfunded
Provider of payment, settlement and CSD solutions to banks
-
-
56/100
32nd
Logo for TORA
TORA
2004, Hong Kong (China), Acquired
Trade life cycle solutions for asset managers
$36.4M
42/100
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TORA's Investments and acquisitions

TORA has made no investments or acquisitions yet.

Reports related to TORA

Here is the latest report on TORA's sector:

News related to TORA

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•
TORA expands US Sales teamFintech Finance•Oct 12, 2022•TORA
•
DMA Prime selects TORA for multi asset OEMS and outsourced tradingInstitutional Asset Manager•Jul 14, 2021•DMA, TORA
•
TORA integrates Glimpse bond data solutionInstitutional Asset Manager•Jul 07, 2021•TORA, Glimpse
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