OverviewSuggest Edit

Trumid is an all-to-all electronic credit trading platform. It is designed to unlock liquidity and make bond and CDS trading easier for institutional clients.
TypePrivate
Founded2014
HQNew York, US
Websitetrumid.com

Latest Updates

Employees (est.) (Nov 2020)87(+7%)
Cybersecurity ratingAMore

Key People/Management at TruMid

Ronnie Mateo

Ronnie Mateo

Chief Executive Officer
Tony Schiavo

Tony Schiavo

Chief Technology Officer
Jason Quinn

Jason Quinn

Chief Product Officer
Dan Siracuse

Dan Siracuse

Chief Financial Officer & Chief Operating Officer
Mike Sobel

Mike Sobel

President
Casey Gahan

Casey Gahan

Chief of Staff
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TruMid Office Locations

TruMid has an office in New York
New York, US (HQ)
5 Bryant Park 8th floor
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TruMid Financials and Metrics

Summary Metrics

Founding Date

2014

TruMid total Funding

$367.3 m

TruMid latest funding size

$200 m

Time since last funding

3 months ago

TruMid investors

TruMid's latest funding round in August 2020 was reported to be $200 m. In total, TruMid has raised $367.3 m. TruMid's latest valuation is reported to be $1 b.
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TruMid Revenue

Market valuation

1.0b
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TruMid Acquisitions / Subsidiaries

Company NameDateDeal Size
ElectronifieMarch 23, 2017

TruMid Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

SecurityScorecard logo

TruMid Online and Social Media Presence

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TruMid News and Updates

TPG, T. Rowe Value Trumid Above $1 Billion in Latest Fundraise

TPG, T. Rowe Value Trumid Above $1 Billion in Latest Fundraise

Algomi ALFA works with Liquidnet and Trumid

Algomi, which provides data aggregation technology for the optimization of fixed income liquidity, t...

Here's the pitch deck Trumid, a Wall Street trading startup backed by George Soros and Peter Thiel, used to raise $53 million

Electronic-trading startup Trumid Financial landed $53 million from stock exchanges in Germany and Singapore in a fundraising round last year.  Business Insider got a look at Trumid's investor presentation, which gives an inside look at what it's like to start a venue that matches bond buyers and …

TruMid Blogs

Trumid Reports October Highlights

NEW YORK (PRWEB) NOVEMBER 05, 2020 In October, Trumid trade volume reached a record $27.4B, representing 410% growth year over year. Additionally, breadth of liquidity on Trumid’s Market Center continues to expand, with a record number of bonds with trading interest and transactions in October.…

Trumid expands platform to include emerging markets bonds

The Trumid Market Center platform now connects fixed income traders to emerging markets, high yield, and investment grade securities. (Source: https://www.thetradenews.com/trumid-expands-platform-to-include-emerging-markets-bonds/ )

Trumid Announces Strong August Platform Activity

NEW YORK (PRWEB) SEPTEMBER 08, 2020Trumid, a financial technology company and fixed income electronic trading platform, has announced record activity and market share for the month of August. The company’s unique trading protocols and broad network continue to support expanding liquidity and valuabl…

Trumid Announces New Growth Investment to Support Rapid Expansion

Trumid, a financial technology company and fixed income electronic trading platform, has announced the completion of a $200 million growth capital investment led by Dragoneer Investment Group. TPG and funds and accounts managed by BlackRock and T. Rowe Price Associates, Inc. joined Dragoneer as ne…

Bond Platform Trumid Tops $1 Billion Valuation in Funding Round

Funds and accounts managed by T. Rowe Price Associates Inc. and BlackRock Inc. are among investors that contributed $200 million to Trumid Financial LLC in its latest fundraising round, more than doubling the bond trading platform’s valuation to over $1 billion since last May. (source: https://www.bloomberg.com/news/articles/2020-08-11/tpg-t-rowe-value-trumid-above-1-billion-in-latest-fundraise?sref=SFtCN2M4…

Nasdaq and Trumid collaborate on real-time US treasury hedging and execution

US exchange group Nasdaq and bond trading platform Trumid has teamed up to develop a solution for real-time US treasury hedging for corporate bonds.   (source: https://www.thetradenews.com/nasdaq-and-trumid-collaborate-on-real-time-us-treasury-hedging-and-execution/ )
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TruMid Frequently Asked Questions

  • When was TruMid founded?

    TruMid was founded in 2014.

  • Who are TruMid key executives?

    TruMid's key executives are Ronnie Mateo, Tony Schiavo and Jason Quinn.

  • How many employees does TruMid have?

    TruMid has 87 employees.

  • Who are TruMid competitors?

    Competitors of TruMid include Jitta, LetsVenture and Vise.

  • Where is TruMid headquarters?

    TruMid headquarters is located at 5 Bryant Park 8th floor, New York.

  • Where are TruMid offices?

    TruMid has an office in New York.

  • How many offices does TruMid have?

    TruMid has 1 office.