The Small Exchange Overview
- Year Founded
-
2017
- Status
-
Acquired/Merged
- Employees
-
12
- Latest Deal Type
-
M&A
- (Announced)
The Small Exchange General Information
Description
Developer of a futures exchange platform designed to facilitate the trading of standardized futures contracts and options for all types of market participants. The company's platform bridges the futures product gap through an individual subscription offer that provides reduced exchange and market data fees and uniform proprietary cash-settled indices, enabling investors to trade various financial products in a hassle-free manner.
Contact Information
Website
www.smallexchange.com(Operating Subsidiary)
Corporate Office
- 200 West Jackson
- Suite 1400
- Chicago, IL 60606
- United States
Corporate Office
- 200 West Jackson
- Suite 1400
- Chicago, IL 60606
- United States
The Small Exchange Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Merger/Acquisition | 03-Apr-2023 | Announced | Generating Revenue | |||
| 5. Merger/Acquisition | 01-Dec-2021 | Completed | Generating Revenue | |||
| 4. Early Stage VC | 17-Nov-2021 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series B) | 11-Jan-2021 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 03-Jun-2020 | $4M | $14M | Completed | Generating Revenue | |
| 1. Seed Round | 16-May-2019 | $10M | $10M | Completed | Generating Revenue |
The Small Exchange Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series A | ||||||||
| Seed | 4,608,294 | $0.000100 | $2.17 | $2.17 | 1x | $2.17 | 20.82% |
The Small Exchange Comparisons
Industry
Financing
Details
The Small Exchange Competitors (20)
One of The Small Exchange’s 20 competitors is National Commodity & Derivatives Exchange, a Private Equity-Backed company based in Mumbai, India.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| National Commodity & Derivatives Exchange | Private Equity-Backed | Mumbai, India | ||||
| Nadex (Other Capital Markets/Institutions) | Formerly VC-backed | Chicago, IL | ||||
| Indian Commodity Exchange | Failed Transaction (M&A) | Surat, India | ||||
| BSE | Formerly PE-Backed | Mumbai, India | ||||
| Cboe Global Markets | Formerly PE-Backed | Chicago, IL |
The Small Exchange Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
The Small Exchange Former Investors (9)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Citadel Securities | VC-Backed Company | Minority | ||
| Crypto.com | VC-Backed Company | Majority | ||
| Interactive Brokers | Holding Company | Minority | ||
| Jennifer Just | Angel (individual) | Minority | ||
| Jump Capital | Venture Capital | Minority |
The Small Exchange FAQs
-
When was The Small Exchange founded?
The Small Exchange was founded in 2017.
-
Where is The Small Exchange headquartered?
The Small Exchange is headquartered in Chicago, IL.
-
What is the size of The Small Exchange?
The Small Exchange has 12 total employees.
-
What industry is The Small Exchange in?
The Small Exchange’s primary industry is Other Capital Markets/Institutions.
-
Is The Small Exchange a private or public company?
The Small Exchange is a Private company.
-
What is The Small Exchange’s current revenue?
The current revenue for The Small Exchange is .
-
How much funding has The Small Exchange raised over time?
The Small Exchange has raised $24.1M.
-
Who are The Small Exchange’s investors?
Citadel Securities, Crypto.com, Interactive Brokers, Jennifer Just, and Jump Capital are 5 of 9 investors who have invested in The Small Exchange.
-
Who are The Small Exchange’s competitors?
National Commodity & Derivatives Exchange, Nadex (Other Capital Markets/Institutions), Indian Commodity Exchange, BSE, and Cboe Global Markets are some of the 20 competitors of The Small Exchange.
-
When was The Small Exchange acquired?
The Small Exchange was acquired on 03-Apr-2023.
-
Who acquired The Small Exchange?
The Small Exchange was acquired by IG Group Holdings.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »
