Tech Company Financing Transactions
The Small Exchange Funding Round
The Small Exchange, based in Chicago, scored $4 million from Interactive Brokers and Phillip Capital.
Transaction Overview
Company Name
Announced On
6/5/2020
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to invest in its operations and expand its offering including additional futures products and options to individual traders and small trading firms seeking to connect to these markets.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
327 N. Aberdeen St.
Chicago, IL 60607
USA
Chicago, IL 60607
USA
Phone
Undisclosed
Website
Email Address
Overview
The Small Exchange has one clear goal: to bring more participants to futures markets. Traders need friendlier products and more transparency. Futures brokers need a wide array of offerings. Clearing firms need seamless integration. And everyone needs lower fees. This is a new kind of exchange where you enjoy the best of futures without the institutional baggage that keeps you in the past.
Management Team
Title
Name
Email & Social
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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