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
32nd among 291 active competitors
Employee Count
285 as on Oct 31, 2026
Exit Details
Acquired by LSEG (Feb 22, 2022)
Legal entities associated with TORA
TORA is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
TORA SECURITY SOLUTIONS PRIVATE LIMITED CIN: U74999DL2022PTC402115 , India, Active | Jul 21, 2022 | - | - |
TORA's acquisition details
Click here to take a look at TORA's acquisition in detail
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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 |
View details of TORA's funding rounds and investors
TORA's founders and board of directors
Founder? Claim ProfileTORA's employee count trend
TORA has 285 employees as of Oct 26. Here is TORA's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | OnCorps 2011, Boston (United States), Series C | Developer of AI platform for fund operations and reporting reviews | $60.8M | 66/100 | |
2nd | IPC 1973, Jersey City (United States), Acquired | End-to-end lifecycle tech solutions provider | - | 63/100 | |
3rd | Saphyre 2017, Hoboken (United States), Series B | Pre-trade and post-trade analytics and onboarding solutions | $88.7M | 62/100 | |
4th | 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 | Charles River 1984, Burlington (United States), Acquired | Cloud-based portfolio management solutions for wealth and investment managers | - | - | 58/100 |
6th | Haruko 2021, London (United Kingdom), Series A | Provider of portfolio and risk management solutions for digital assets | $33.1M | 58/100 | |
7th | Advent 1983, San Francisco (United States), Acquired | Portfolio management solutions for investment & wealth management firms | - | 58/100 | |
8th | Clear Street 2018, New York City (United States), Series B | Trade life cycle management platform for brokerages | $762M | 58/100 | |
9th | Additiv 1998, Zurich (Switzerland), Acquired | Loan life cycle management software | $21.2M | 56/100 | |
10th | Montran 1979, New York City (United States), Unfunded | Provider of payment, settlement and CSD solutions to banks | - | - | 56/100 |
32nd | Trade life cycle solutions for asset managers | $36.4M | 42/100 |
Looking for more details on TORA's competitors? Click here to see the top ones
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
•
•
Zennor Asset Management Appoints Tora For Global All-in-one Multi-asset SystemFinancial IT•Jul 06, 2022•TORA, Zennor Asset Management
•
Higo Bank Upgrades to TORA Execution Management System for Advanced Equities TradingPRWeb•Apr 19, 2022•TORA, Higo Bank
•
LSEG targets end-to-end investment ecosystem through TORA acquisitionThe TRADE•Mar 25, 2022•LSEG, TORA
•
London Stock Exchange to buy TORA for $325 millionThe Star Online•Feb 22, 2022•London Stock Exchange, TORA, LSEG
•
Former Mizuho and Nomura electronic sales trader departs to develop TORA OEMSThe TRADE•Oct 06, 2021•TORA, Mizuho Financial Group, Nomura, http://horizon-asset.co.uk
•
TORA Secures Peter Rank and Chris Hopton as It Expands to LondonFinance Magnates•Sep 09, 2021•TORA, AxeTrading, TradingScreen
•
DMA Prime selects TORA for multi asset OEMS and outsourced tradingInstitutional Asset Manager•Jul 14, 2021•DMA, TORA
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TORA expands presence in Asia with appointment of Hong Kong directorThe TRADE•Jun 16, 2021•TORA, Enfusion
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