Today we’re covering the top 13 Brokerage startups. This is going to be really exciting and I’ve spent a ton of time researching these interesting startups in Brokerage. Let’s get right into it!
Criteria for selection:
- The startup should be privately held
- Has raised at least $10 million in funding
- We haven’t including the IPO’d startups and companies as they’re already well-known to most people in the biotechnology sector. This list of 13 companies covers the most funded ones since their found dates.
Recommended Read – Top Account Software Startups
Top Brokerage Startups With >$10 Million Funding
Let’s get right down to the list and begin with the list of the top startups in the Brokerage sector. In the below list, we’ve covered the major information about the company’s operations, headquarters, funding amounts and some of the active investors. The investors listed here are the ones I found during my process of researching the company. So there’s a high possibility that there are more investors than the ones in the list.
1. Freepoint – Total Raised $500.0 million
Official Website: www.freepoint.com
Freepoint is a Private Equity-Backed Brokerage company founded in 2010. Provider of commodity trading services. The company trades North American and European natural gas and power, global oil and oil products, coal, emissions, and metals and metal concentrates and also provides physical supply services and risk management products for customers.
Active Investors:
- Stone Point Capital(www.stonepoint.com)
Competitors:
Charles Schwab & Co.
2. PayPay – Total Raised $61.93 million
Official Website: www.paypay-sec.co.jp
PayPay is a Venture Capital-Backed Brokerage company founded in 2013. Developer of a mobile trading brokerage application intended to permit investors to trade securities on the go. The company’s mobile application helps users to select and purchase US-listed stocks and Japanese exchange-traded funds (ETFs) rather than using conventional trading platforms, enabling individuals to manage their savings and investments in a simple and efficient manner.
Active Investors:
- Bonds Investment Group(www.opt-ventures.co.jp)
- DBJ Capital(www.dbj-cap.jp)
- Mizuho Securities(www.mizuho-sc.com)
- Mobile Internet Capital(www.mickk.com)
- Sansei Capital Investment(www.sanseicapital.com)
- SoftBank Group(www.softbank.jp)
- Tokai Tokyo Financial Holdings(www.tokaitokyo-fh.jp)
- Venture Labo Investment(www.venturelaboinvestment.co.jp)
- Z Holdings(www.yahoo.co.jp)
Competitors:
Robinhood, Capital.com, eToro, Leverate Technological Trading, DriveWealth, AnyOption, Moslok, Voyager Digital, Plus500, Tradeo, OptionsHouse, Acorns, Kantox, Ayondo
3. Stockpile – Total Raised $48.5 million
Official Website: www.stockpile.com
Stockpile is a Venture Capital-Backed Brokerage company founded in 2010. Developer of a stock market investment platform intended to make it simple for young and first-time investors to save and invest for their future. The company’s platform assists users to open a free account for themselves or anyone in their family, buy individual stocks, set up an automatic investment plan, track their investments and learn about stock investing through free mini-lessons, enabling users to start investing with a minimum amount and build wealth for future.
Active Investors:
- Arbor Ventures(www.arborventures.com)
- Eight Roads(www.eightroads.com)
- Hard Yaka(www.hardyaka.com)
- Leland Stanford Junior University(www.stanford.edu)
- Mayfield Fund(www.mayfield.com)
- Mistral Venture Partners(www.mistralvp.com)
- Sequoia Capital(www.sequoiacap.com)
- Y Combinator(www.ycombinator.com)
Competitors:
Robinhood, Stash (Other Financial Services), Loyal3, Acorns, M1 Finance
4. Freetrade – Total Raised $28.58 million
Official Website: www.freetrade.io
Freetrade is a Venture Capital-Backed Brokerage company founded in 2015. Developer of a mobile stock trading platform designed to help make commission-free trades in the stock markets. The company’s platform facilitates investments in the stock market with zero commissions or fees and also provides a platform to connect with a network of independent financial advisers, enabling users to save brokerage and trade fees to increase returns on their investments.
Active Investors:
- AdTay Ventures(www.adtayventures.com)
- Allegro Capital(www.allegro-capital.com)
- Daintree.VC(www.daintree.vc)
- Draper Esprit(www.draperesprit.com)
- InvestCloud(www.investcloud.com)
- Octopus Labs(www.octopuslabs.com)
- Patha Capital(www.pathacapital.com)
- PV Seed Fund(www.pv.vc)
Competitors:
Trading 212, Interactive Investor, DEGIRO, Moneybox, Hargreaves Lansdown
5. Parkside (Brokerage) – Total Raised $25.0 million
Official Website: www.parksidesecurities.com
Parkside (Brokerage) is a Venture Capital-Backed Brokerage company founded in 2017. Provider of technological and regulatory services intended to simplify access to US stocks. The company’s services allow easy investing through their application and offers low fees, fractional share availability and cross-border trading using local currency, enabling investors and traders to trade US stocks in a convenient and hassle-free manner.
Active Investors:
- Colle Capital Partners(www.colle.vc)
- Enlight Growth Partners(www.egpvc.com)
- Entrée Capital(www.entreecap.com)
- FinTech Collective(www.fintech.io)
- Peak6 Sports(www.peak6sports.com)
Competitors: No competitors found
6. Órama – Total Raised $23.88 million
Official Website: www.orama.com.br
Órama is a Corporate Backed or Acquired Brokerage company founded in 2011. Provider of investment products and services through a digital platform based in Rio de Janeiro, Brazil. The company offers products including public offering, private pension, fixed income and investment funds.
Active Investors:
- SulAmérica(portal.sulamericaseguros.com.br)
Competitors: No competitors found
7. Covr Financial Technologies – Total Raised $22.5 million
Official Website: www.covrtech.com
Covr Financial Technologies is a Venture Capital-Backed Brokerage company founded in 2012. Developer of a digital insurance brokerage platform designed to simplify the life insurance sales process for firms. The company’s connects personal insurance products from major insurers to financial institutions and financial advisers and digitally delivers an integrated line of personal insurance products to their customers with education and training on those products and other products like insurance-product marketing and insurance-licensed telephone aid, enabling financial institutions, financial advisors and their customers to mediate the insurance sales process online within minutes.
Active Investors:
- Aflac Ventures(www.aflacventures.com)
- Allianz Life Ventures(www.allianzlifeventures.com)
- Commerce Ventures(commerce.vc)
- Connecticut Innovations(www.ctinnovations.com)
- Connectivity Ventures Fund(www.connectivity.vc)
- Contour Venture Partners(www.contourventures.com)
- Fairview Capital Partners(www.fairviewcapital.com)
- Nyca Partners(www.nyca.com)
Competitors:
Trōv, Simplesurance, BeneFix, Knip, PolicyPal, Brolly, Next Insurance, CoverWallet, Sure, JustInCase, Embroker, Kin, Indio Technologies, Corvus Insurance, Sureify Labs, Lemonade, Fabric (Life and Health Insurance), Slice Labs, Ladder (Life and Health Insurance), CoverHound, Haven Life, Clark (Other Insurance), Bestow, Quilt (Insurance), Alan & Thomas Insurance Group, Jetty, Policygenius, InsuranceNoodle, Prepared Insurance Company, UTG, Hippo (Property and Casualty Insurance)
8. Ideal Ctvm – Total Raised $18.08 million
Official Website: www.idealctvm.com.br
Ideal Ctvm is a Venture Capital-Backed Brokerage company founded in 2019. Operator of a brokerage firm intended to provide innovative services in the financial intermediation market. The company’s platform provide technologies for institutional investors and develops them to optimize their trading flows, it acts as an intermediary for acquiring securities listed on the stock exchange and also provide relevant market data for financial investors, enabling investors and traders to execute their investments and trades in a digitalized process with zero human intervention making them gain an efficient and inexpensive experience.
Active Investors:
- Kaszek(www.kaszek.com)
Competitors: No competitors found
9. SAMCO Securities – Total Raised $10.5 million
Official Website: www.samco.in
SAMCO Securities is a Venture Capital-Backed Brokerage company founded in 2015. Operator of a broking house intended to simplify the trading and investing in the stock markets. The company’s platform uses artificial intelligence and advanced analytics to give insights to traders and also helps them to invest or redeem their investments in publicly traded companies, global currencies, exchange-traded funds, bonds and non-convertible debentures listed on Indian exchanges, enabling users to make the most efficient use of their capital.
Active Investors:
- Bay Capital(www.bay-cap.com)
Competitors:
Ventura (Stock Broking), Zerodha, Alice Blue, TradingBells, Religare Securities, Bitcoin Suisse
10. Bityard – Total Raised $10.0 million
Official Website: www.bityard.com
Bityard is a Private Equity-Backed Brokerage company founded in 2019. Operator of multifunctional cryptocurrency contrasts exchange. The company provides safe, easy, and fast crypto asset trading services across the globe.
Active Investors:
No active investors
Competitors: No competitors found
11. HKbitEX – Total Raised $10.0 million
Official Website: www.hkbitex.com.hk
HKbitEX is a Venture Capital-Backed Brokerage company founded in 2019. Operator of a digital asset exchange platform. The company’s platform provides professional and institutional investors with comprehensive and high-performance trading technology solutions, committing to providing a compliant and regulated digital asset spot trading and over-the-counter (OTC) trading platform for global professional investors.
Active Investors:
- Algorand(www.algorand.com)
- Borderless Capital(www.borderlesscapital.io)
- Cyberport Hong Kong(www.cyberport.hk)
- Draper Dragon(www.draperdragon.com)
- Edvance International Holdings(www.edvanceintl.com)
- Hanwha Asset Management(eng.hanwhafund.co.kr)
- Lenovo Capital and Incubator Group(capital.lenovo.com)
- Lingfeng Capital(www.lingfengcap.com)
- QBN Capital(www.qbncapital.com)
Competitors: No competitors found
12. LEX Markets – Total Raised $10.0 million
Official Website: www.lex-markets.com
LEX Markets is a Venture Capital-Backed Brokerage company founded in 2017. Operator of a commercial real estate securities marketplace intended to bring equity financing to real estate owners and access to individuals priced out of the market. The company’s marketplace facilitates users to buy and sell shares of individual commercial properties, giving retail investors the flexibility to create customized income-producing real estate portfolios, enabling property owners to unlock equity while retaining operational control of their properties.
Active Investors:
- Future Labs(www.futurelabs.nyc)
- Gaingels Syndicate(www.gaingels.com)
- Greycroft(www.greycroft.com)
- Inertia Ventures(www.inertia.vc)
- Moderne Ventures(www.moderneventures.com)
- RAJ Capital(rajcapital.vc)
- Richard Clarke(richardaclarke.net)
- Subversive Capital(www.subversivecapital.com)
- Thor Equities(www.thorequities.com)
- Two Lanterns Venture Partners(www.2l.vc)
Competitors:
RealtyMogul.com, Fundrise, Cadre, RealtyShares
13. LongBridge Security – Total Raised $10.0 million
Official Website: longbridgeapp.com
LongBridge Security is a Venture Capital-Backed Brokerage company founded in 2019. Provider of social securities brokerage services. The company’s businesses mainly include securities, wealth and content community, it has developed security application which integrates the Internet thinking and advanced technology with financial services, enabling the users to conduct safe and transparent securities transactions.
Active Investors:
- Phillip Capital(www.phillip.com.sg)
- Vision Capital (China)(www.vplus.vc)
Competitors: No competitors found
