# Purestream Trading Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/purestream-trading-technologies

- Industry: Financial Services
- Headquarters: New York, US
- Website: www.purestream.tech
- Total disclosed funding: $14M
- Latest round: Seed (Mar 25, 2021)
- Investors on record: 8

## About

Based in the US, Purestream Trading Technologies Inc. operates as a technology platform company that provides market research and trading on institutional trading.

Based in New York, US, and founded in 2018, Purestream Trading Technologies Inc. provides a trading platform. The company was co-founded by Armando Diaz, Sean Hoover, and Yogesh Wagle. In February 2021, the company raised its latest Series A funding co-led by Nasdaq Ventures, Goldman Sachs, Bank of America, MaC Venture Capital, Bank of Montreal (BMO), and AllianceBernstein.

The company's alternative trading system (ATS) will enable institutional investors to search, find, and yield more liquidity. The platform offers features that prioritize and match orders based on their liquidity relevance which improves cross rates and order completion speed.

The company plans to launch its first US trading venue that will reengineer the price and liquidity discovery process.

## Funding rounds

- Seed, Mar 25, 2021 — Cross Culture Ventures, M Ventures, MaC Venture Capital
- Series A, Feb 24, 2021, $14M — Bank of America, BMO Capital Markets, Goldman Sachs Asset Management, AllianceBernstein, Nasdaq Ventures, MaC Venture Capital

## Investors

- Bank of America — Series A
- BMO Capital Markets — Series A
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series A
- AllianceBernstein (https://capitalatlas.ai/funds/alliancebernstein) — Series A
- Nasdaq Ventures (https://capitalatlas.ai/funds/nasdaq-ventures) — Series A
- MaC Venture Capital (https://capitalatlas.ai/funds/mac-venture-capital) — Series A, Seed
- Cross Culture Ventures (https://capitalatlas.ai/funds/cross-culture-ventures) — Seed
- M Ventures (https://capitalatlas.ai/funds/m-ventures) — Seed