# Trumid Financial

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/trumid-financial

- Industry: Financial Services
- Headquarters: New York, US
- Website: www.trumid.com
- Total disclosed funding: $200M
- Latest round: Series E (Aug 11, 2020)
- Investors on record: 6

## About

Based in New York, United States, and founded in 2014 by Ronnie Mateo, Trumid Financial LLC provides an electronic credit-trading platform that enables buy-side and sell-side market users to transact directly and anonymously with one another. In October 2021, Trumid Financial LLC raised USD 208 million in venture funding led by Point Break Capital Management, with participation from Motive Partners, phase2body, Inc., Senator Investment Group, BlackRock, Dragoneer Investment Group, DST Global, SGX, T. Rowe Price, and TPG. The company has raised a total of USD 585 million in funding.

Trumid Financial provides Trumid Market Center 2.0, which is an electronic trading platform that connects corporate bond market professionals to a liquidity network and offers multiple trading protocols to access it. The company’s platform offers various ways to integrate clients’ businesses along with providing market intelligence with innovative features. In addition, the company’s lab provides a Bond Price Lookup service that covers about 22,000 USD-denominated corporate bonds, where users can enter bond’s CUSIP or ISIN for the latest FVMP value.

Trumid Financial plans to use its proceeds from October 2021 funding to enhance its technology and expand into additional trading protocols, asset classes, and geographies.

## Funding rounds

- Series E, Aug 11, 2020, $200M — T Rowe Price, TPG, BlackRock, Hillhouse Investment, Dragoneer Investment Group
- Series A, Jun 1, 2015 — Shumway Capital

## Investors

- Shumway Capital (https://capitalatlas.ai/funds/shumway-capital) — Series A
- T Rowe Price (https://capitalatlas.ai/funds/t-rowe-price) — Series E
- TPG (https://capitalatlas.ai/funds/tpg) — Series E
- BlackRock (https://capitalatlas.ai/funds/blackrock) — Series E
- Hillhouse Investment (https://capitalatlas.ai/funds/hillhouse-investment) — Series E
- Dragoneer Investment Group (https://capitalatlas.ai/funds/dragoneer-investment-group) — Series E