Latest round

Series A

Last raised

Feb 2026

Total raised

$31M

Investors

6

About Bound

Bound Rates, Inc. specializes in currency hedging solutions, providing businesses with an intuitive platform for managing foreign exchange risks and stabilizing cash flows associated with international operations. Founded in 2020 and headquartered in London, UK, Bound Rates, Inc. is dedicated to helping businesses navigate foreign exchange risks through its innovative platform. The company has undergone no notable pivots or changes in its strategy since its inception. Seth Phillips serves as the CEO and co-founder alongside Dan K. In February 2026, Bound Rates, Inc. Bound offers a comprehensive suite of currency hedging solutions aimed at assisting businesses in managing foreign exchange risks. The core offering is an intuitive platform that automates currency hedging processes, enabling finance teams to stabilize cash flows and protect against currency fluctuations. The platform streamlines transaction execution, eliminating the need for brokers or extensive market knowledge. Bound primarily targets high-growth companies across various sectors, including technology, design, and financial services, serving over 200 firms requiring effective foreign currency management in regions like Europe, North America, and parts of Asia. In the most recent fiscal year of 2023, Bound reported a revenue of USD 1,071,129. The company recorded an EBITDA of USD -3,319,384 for the same year.

Who invested in Bound

6 investors across 2 rounds

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Funding rounds

  1. Series A

    Feb 5, 2026

    Amount

    $25M

    Investors

    Locked

  2. Seed

    Nov 9, 2021

    Amount

    $6.5M

    Investors

    Locked

Questions about Bound

Who invested in Bound?

Bound has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Bound raised?

Bound has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Bound last raise money?

Bound's most recent round on record is a Series A, in Feb 2026.

What does Bound do?

Bound is a financial services company.

Where is Bound headquartered?

Bound is headquartered in London, UK.

Which VCs invest in companies like Bound?

Among active investors with capital left to deploy, Mundi Ventures, Apis Partners, 7RIDGE and Mouro Capital back financial services companies at Bound's stage. Their profiles are linked below.

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