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.
- Website
- www.trumid.com
- 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
Investors
Ranked
1st among 21 active competitors
Employee Count
189 as on Mar 31, 2026
Legal entities associated with Trumid
Trumid is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
TRUMID FINANCIAL LLC CIN: 471050580 , United States, Active | Dec 31, 1999 | - | 27 (As on Dec 31, 2015) | - |
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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:
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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 | - | - |
View details of Trumid's funding rounds and investors
Trumid's founders and board of directors
Founder? Claim ProfileHere are the details of Trumid's key team members:
- Ronnie Mateo: Founder & Co-CEO of Trumid. Contact Info: 1 email address
View details of Trumid's Founder profiles and Board Members
Trumid's employee count trend
Trumid has 189 employees as of Mar 26. Here is Trumid's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Trumid 2014, New York City (United States), Series E | Trading platform focused on fixed-income securities and corporate bonds | $722M | 64/100 | |
2nd | MarketAxess Holdings 2000, New York City (United States), Public | AI-based platform for fixed income assets | - | 56/100 | |
3rd | Origin 2015, London (United Kingdom), Series A | Trading platform focused on fixed income securities | $10M | 51/100 | |
4th | wiseAlpha 2014, London (United Kingdom), Series B | Provider of fractional bond trading and automated portfolio management services | $10.4M | 50/100 | |
5th | MTS Markets 1988, San Francisco (United States), Acquired | Leading electronic fixed income trading platforms and market data solutions | - | - | 44/100 |
6th | LTX 2018, New York City (United States), Unfunded | AI-driven trading platform for fixed income assets | - | - | 38/100 |
7th | Bonds 2009, New York City (United States), Acquired | Institutional corporate bond trading platform providing market data and connectivity | - | 36/100 | |
8th | Electronifie 2013, New York City (United States), Acqui-Hired | Corporate bond trading platform | $12M | - | 34/100 |
9th | DealVector 2011, Sausalito (United States), Series A | Fixed income platform providing deal management, data, and workflow solutions | - | 33/100 | |
10th | Yieldtrust 2022, London (United Kingdom), Unfunded | Digital investing app for fixed-income products | - | - | 32/100 |
Looking for more details on Trumid's competitors? Click here to see the top ones
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) |
Reports related to Trumid
Here is the latest report on Trumid's sector:
News related to Trumid
Media has covered Trumid for a total of 9 events in the last 1 year, 8 of them have been about company updates.
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Trumid Launches AI-Powered Trumid Smart Voice™ to Streamline Credit TradingGlobal Fintech Series•Apr 28, 2026•Trumid
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Architect Financial Technologies Raises $35M in Series A FundingFinSMEs•Dec 23, 2025•Strobe Ventures, ARK Investment Management, CMT Digital, Third Kind Venture Capital and 10 others
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Trumid Appoints Industry Leader Ryan Gwin as Head of Data SolutionsGlobal Fintech Series•Jan 23, 2025•Trumid
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