Tech Company Financing Transactions
OpenTrade Funding Round
Andreessen Horowitz, CMCC Global and DraperDragon joined a $3.2 million Seed funding round for OpenTrade. The financing was announced on 4/9/2024.
Transaction Overview
Company Name
Announced On
4/9/2024
Transaction Type
Venture Equity
Amount
$3,200,000
Round
Seed
Proceeds Purpose
The firm intends to use its fresh financing to grow its team across all key functions.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
London, England, Undisclosed
UK
London, England, Undisclosed
UK
Phone
Undisclosed
Website
Email Address
Overview
OpenTrade was launched out of stealth in February 2023 with the mission of transforming global credit markets using decentralised, internet-native technologies. We fundamentally believe that the future of financial services and markets rests on public, permissionless, internet-native infrastructure and their ability to make them flatter, smarter, more inclusive, more transparent, and more efficient. Our role in this once-in-a-generation rewiring is to provide institutional borrowers and investors a world-class platform for managing the exchange of credit across private and public markets.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Michael Harte
Chief Executive Officer
Dave Sutter
Chief Technical Officer
Tom Niermann
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