SGX, Deutsche Börse and Creditease-backed electronic trading platform Trumid has achieved unicorn status following a $200m funding round led by Dragoneer.
Trumid, a US-based online bond trading service backed by corporate investors Creditease, Deutsche Börse Group and Singapore Exchange (SGX), closed a $200m funding round yesterday.
The round was led by Dragoneer Investment Group and included private equity group TPG as well as funds and accounts managed by BlackRock and by T. Rowe Price. Trumid is now valued at more than $1bn, according to Bloomberg.
Founded in 2014, Trumid runs an electronic trading platform called Market Center that is aimed at…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
