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Trumid - About the company

Trumid is a series E company based in New York City (United States), founded in 2014 by Ronnie Mateo. It operates as a Trading platform focused on fixed-income securities and corporate bonds. Trumid has raised $722M in funding from investors like Dragoneer Investment Group, Hillhouse and BlackRock, with a current valuation of $2.4B. The company has 21 active competitors, including 8 funded and 5 that have exited. Its top competitors include companies like MarketAxess Holdings, Origin and wiseAlpha.

Sectors and market segments that Trumid operate in

Trumid serves in the FinTech market segments.The primary business model of Trumid is:

Company Details

TruMid is a trading platform focused on fixed-income securities and corporate bonds. It features Market Center 2.0 for the electronic bond trading platform that provides traders access to liquidity. Its features are protocol flexibility, APIs for market data & order management, and more.
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Email ID
*****@trumid.com
Phone Number
+1 **********
Key Metrics
Founded Year
2014
Location
New York City, United States
Stage
Series E
Total Funding
$722M in 12 rounds
Latest Funding Round
Post Money Valuation
$2.4B as on Oct 17, 2021
Ranked
Employee Count
189 as on Mar 31, 2026
Investment & Acquisitions
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Trumid's funding and investors

Trumid has raised a total funding of $722M over 12 rounds. Its first funding round was on Dec 29, 2014. Its latest funding round was a Series E round on Oct 12, 2021 for $208M. 9 investors participated in its latest round. Trumid has 24 institutional investors.

Here is the list of recent funding rounds of Trumid:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 12, 2021
$208M
Series E
$2.4B
-
Nov 27, 2020
$75M
Series E
-
-
-
Jun 30, 2020
$200M
Series E
$1B
-
-
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Trumid's founders and board of directors

Founder? Claim Profile
The founders of Trumid is Ronnie Mateo. Ronnie Mateo and Michael Sobel are the CEOs of Trumid.
Here are the details of Trumid's key team members:

Trumid's employee count trend

Trumid has 189 employees as of Mar 26. Here is Trumid's employee count trend over the years:
Employee count trend for Trumid
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Trumid's Competitors and alternates

Top competitors of Trumid include MarketAxess Holdings, Origin and wiseAlpha. Here is the list of Top 10 competitors of Trumid, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Trumid
Trumid
2014, New York City (United States), Series E
Trading platform focused on fixed-income securities and corporate bonds
$722M
64/100
2nd
Logo for MarketAxess Holdings
MarketAxess Holdings
2000, New York City (United States), Public
AI-based platform for fixed income assets
-
56/100
3rd
Logo for Origin
Origin
2015, London (United Kingdom), Series A
Trading platform focused on fixed income securities
$10M
51/100
4th
Logo for wiseAlpha
wiseAlpha
2014, London (United Kingdom), Series B
Provider of fractional bond trading and automated portfolio management services
$10.4M
50/100
5th
Logo for MTS Markets
MTS Markets
1988, San Francisco (United States), Acquired
Leading electronic fixed income trading platforms and market data solutions
-
-
44/100
6th
Logo for LTX
LTX
2018, New York City (United States), Unfunded
AI-driven trading platform for fixed income assets
-
-
38/100
7th
Logo for Bonds
Bonds
2009, New York City (United States), Acquired
Institutional corporate bond trading platform providing market data and connectivity
-
36/100
8th
Logo for Electronifie
Electronifie
2013, New York City (United States), Acqui-Hired
Corporate bond trading platform
$12M
-
34/100
9th
Logo for DealVector
DealVector
2011, Sausalito (United States), Series A
Fixed income platform providing deal management, data, and workflow solutions
-
33/100
10th
Logo for Yieldtrust
Yieldtrust
2022, London (United Kingdom), Unfunded
Digital investing app for fixed-income products
-
-
32/100
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Trumid's Investments and acquisitions

Trumid has made 2 investments in Architect and Architect and acquired Electronifie.
Here is the list of these investments and acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Dec 23, 2025
Investments
2023
Chicago (United States)
Dec 18, 2025
Investments
2023
Chicago (United States)
May 16, 2017
Acquisition
2013
New York City (United States)
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Reports related to Trumid

Here is the latest report on Trumid's sector:

News related to Trumid

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Media has covered Trumid for a total of 9 events in the last 1 year, 8 of them have been about company updates.
Trumid Extends Platform Momentum into OctoberMiningstockeducationNov 07, 2025Trumid
Trumid Reports May PerformanceMiningstockeducationJun 06, 2025Trumid
Trumid Reports February PerformancePR NewswireMar 07, 2025Trumid
Trumid Reports January PerformancePR NewswireFeb 07, 2025Trumid
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