- Total Equity Funding
- $33.71M in 7 Rounds from 1 Investor
- Most Recent Funding
- $9.21M Venture on June 7, 2016
- New York, NY
- TrueEX is a financial technology company providing electronic execution platforms for the global interest rate swaps (IRS) market.
- Sunil Hirani, Jim Miller
- Risk Management, Finance, Enterprise Software, FinTech
Based in NYC, trueEX is an electronic execution platform for the global interest rate swaps (IRS) market.
trueEX will initially serve the $300 trillion global interest rate swaps (IRS) market and expand into other liquid derivatives as appropriate.
Interest rate swaps are currently traded largely over the phone, without regulatory oversight, pre-trade or post-trade transparency, and with very little automation.
The trueEX electronic exchange has been designed to serve the needs of both market makers as well as asset managers, hedge funds and other buy-side firms.
Funding Rounds (8) - $37.14MUpdate
|Date||Amount / Round||Valuation||Lead Investor||Investors|
|Jun, 2016||$9.21M / Venture||—||—||0|
|May, 2016||$7.75M / Venture||—||—||0|
|Jan, 2014||$9M / Venture||—||—||0|
|Jul, 2013||$5M / Venture||—||Partnership Fund for New York City||1|
|Apr, 2012||$3.43M / Debt Financing||—||—||0|
|Jan, 2012||$650k / Venture||—||—||0|
|Nov, 2011||$975k / Venture||—||—||0|
|Jul, 2011||$1.13M / Venture||—||—||0|
Current Team (10)Update
|May 30, 2016||SEC - UNITED STATES SECURITIES AND EXCHANGE COMMISSION|
|Apr 5, 2016||PRNewswire All - trueEX breidt ondersteuning uit met kantooruren voor Londen|
|Apr 5, 2016||PRNewswire UK All - trueEX Expands to Support London Business Hours|
|Dec 9, 2015||PRNewswire All - trueEX Teams with J.P. Morgan and RBS to Introduce 'No-touch' Swaps Trading for Buy-Side|
|Jun 2, 2015||PRWeb Sitemap - Amercanex Names Jim Miller to CTO Position|
|Jun 6, 2014||SEC - UNITED STATES SECURITIES AND EXCHANGE COMMISSION|
|Jan 30, 2014||marketbrief.com - Trueex Group LLC, based in NEW YORK, NY, raises $9M — MarketBrief|
|Nov 3, 2013||SEC - SEC FORM D|
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