TradAir

End-to-end Financial Trading Tool

Fintech & Insurtech
Acquired (Inactive) by ION Group on Jan 2021 - closed due to acquisition

Company Overview

Snapshot

Founded in June 2010 by Ayal Jedeikin, TradAir operated with 11–50 employees. The company raised $30M across 3 funding rounds from 5 investors. TradAir was acquired by ION Group in January 2021.

Business overview

TradAir provides front-office optimization solutions for financial institutions, enabling them to generate new revenue streams, reduce costs, and enhance client relationships. Its product suite includes an end-to-end trading infrastructure, price creation, dynamic distribution, and trading optimization. TradAir Israel specifically focuses on emerging markets, assisting banks and brokers in pricing various exchange rates using an extensive database. The company's technology, built on HTML5 standards, delivers fast, secure, and customized applications for the Fintech & Insurtech sector, serving banks, brokers, and other financial institutions.

Strategic signal

TradAir's acquisition by ION Group in January 2021 signifies a strategic consolidation within the capital markets technology landscape. This event indicates that TradAir's FX and Crypto end-to-end front office trading solutions were recognized as valuable assets, suggesting a strong market need for integrated trading, analytics, and risk management solutions. For investors, this highlights the potential for successful exits in the fintech sector through strategic acquisitions by larger industry players.

Company Intelligence Q&A

What was the most significant corporate event for TradAir?
TradAir was acquired by ION Group in January 2021. ION Group is a leading global provider of trading, analytics, business information, and risk management solutions for capital markets, commodities, and treasury management.
When was TradAir founded and by whom?
TradAir was founded in June 2010 by Ayal Jedeikin.
What was TradAir's total capital raised?
TradAir raised a total of $30M across 3 funding rounds.
Which company acquired TradAir?
TradAir was acquired by ION Group in January 2021.
What was TradAir's last disclosed funding round?
In July 2019, TradAir completed a funding round with participation from Viola Ventures.

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