Trumid
Founded Year
2014Stage
Series F | AliveTotal Raised
$711.73MValuation
$0000Last Raised
$208M | 4 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-12 points in the past 30 days
About Trumid
Trumid operates as a financial technology company. It offers an electronic trading platform and provides corporate bond market professionals with direct access to anonymous and counterparty-disclosed liquidity. It primarily serves the financial technology sector. The company was founded in 2014 and is based in New York, New York.
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Trumid's Product Videos
Trumid's Products & Differentiators
The Trumid Platform
Trumid is a leading electronic corporate bond trading platform focused on US dollar-denominated Investment Grade, High Yield, Distressed, and Emerging Market bonds. We offer both Anonymous and Attributed trading protocols and with our IOI based protocol allows users to use a single indication to identify where the optimal trading opportunity exists.
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Expert Collections containing Trumid
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Trumid is included in 6 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
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Wealth Tech
2,658 items
Companies and startups in this collection digitize & streamline the delivery of wealth management. Included: Startups that offer technology-enabled tools for active and passive wealth management for retail investors and advisors.
Fintech 100
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250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Capital Markets Tech
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Companies in this collection provide software and/or services to institutions participating in primary and secondary capital markets: institutional investors, hedge funds, asset managers, investment banks, and companies.
Tech IPO Pipeline
282 items
Track and capture company information and workflow.
Fintech
9,653 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Trumid Patents
Trumid has filed 1 patent.
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
12/11/2019 | Financial markets, Stock market, Derivatives (finance), Bonds (finance), Securities (finance) | Application |
Application Date | 12/11/2019 |
|---|---|
Grant Date | |
Title | |
Related Topics | Financial markets, Stock market, Derivatives (finance), Bonds (finance), Securities (finance) |
Status | Application |
Latest Trumid News
Jun 6, 2025
NEW YORK, /PRNewswire/ -- Trumid, a financial technology company and leading fixed income electronic trading platform, today announced trade volume and user participation highlights for May 2025. May marked another strong month of growth and deepening platform engagement, with record traded volume in Trumid RFQ and accelerating buy-side adoption across Trumid's list trading protocols. Reported Average Daily Volume (ADV) of $6.8B, up 30% year-over-year. A record number of buy-side traders traded daily on Trumid in May, with asset manager ADV up around 60%year-over-year, outpacing growth in overall Trumid volume. Trumid RFQ set another monthly record for volume and trade count, extending its 2025 streak of consecutive month-over-month growth. High response rates from Trumid's fully integrated RFQ responder network of major dealers and leading algorithmic liquidity providers drove protocol ADV and daily average trade count up 122% and 134% year-over-year, respectively. Around 70% more buy-side traders executed trades daily in Trumid RFQ compared to a year ago, with asset managers initiating a record number of lists during the month. Trumid's automated workflow and trade automation tools continued to deliver value for clients. 81% of eligible RFQ line items executed "no touch" via Trumid AutoPilot™ for RFQ in May. Designed for efficient execution, Trumid AutoPilot leverages real-time, client-defined parameters to allow the platform to seamlessly execute trades on their behalf. About Trumid Trumid is a financial technology company and fixed income electronic trading platform focused on US dollar-denominated Investment Grade, High Yield, Distressed, and Emerging Market bonds. Trumid optimizes the credit trading experience by combining agile technology and market expertise, with a focus on product design. The result is a differentiated ecosystem of protocols and trading solutions delivered within one intuitive platform. Learn more at www.trumid.com. © 2025 Trumid Holdings, LLC, and its affiliates. All rights reserved. Trumid Financial, LLC is a broker dealer registered with the U.S. Securities and Exchange Commission ("SEC") and is a member of FINRA and SIPC. Information included in this message does not constitute a trade confirmation or an offer or solicitation of an offer to buy/sell securities or any other products. There is no intention to offer products and services in countries or jurisdictions where such an offer would be unlawful under the relevant domestic law.
Trumid Frequently Asked Questions (FAQ)
When was Trumid founded?
Trumid was founded in 2014.
Where is Trumid's headquarters?
Trumid's headquarters is located at 1411 Broadway, New York.
What is Trumid's latest funding round?
Trumid's latest funding round is Series F.
How much did Trumid raise?
Trumid raised a total of $711.73M.
Who are the investors of Trumid?
Investors of Trumid include Singapore Exchange, Dragoneer Investment Group, BlackRock, T. Rowe Price, DST Global and 18 more.
Who are Trumid's competitors?
Competitors of Trumid include Dataminr, CloudMargin, Capitolis, NYSHEX, Q4 and 7 more.
What products does Trumid offer?
Trumid's products include The Trumid Platform and 4 more.
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Compare Trumid to Competitors
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Symphony is a technology company that provides communication infrastructure for the financial services industry. The company offers products including messaging, voice communication, directory services, and analytics tailored for market participants. Symphony's solutions facilitate standardized and automated workflows, catering to the needs of institutions and professionals. It was founded in 2014 and is based in New York, New York.
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