Company Overview
Snapshot
Founded in May 2016 by Joseph Seroussi, David Raccat, Laurent Benzaquine, Elie Slama, Gregory Jacob Mimoun, and Rudy Perez, Wematch.live operates with 51–200 employees. The company has raised $19.5 million across 3 funding rounds, with DB1 Ventures leading its Series B round. This funding milestone in October 2021 underscored investor confidence in Wematch.live's web-based solutions for automating trading workflows in the wholesale derivatives industry.
Business overview
Wematch.live provides a web-based communication tool designed for financial institutions operating in capital markets. The company's core technology optimizes matches and automates communication between traders and clients, aiming to transform traditionally voice-traded financial markets. Wematch.live serves the financial services industry, specifically targeting investment and portfolio management, fund management, brokerage, and banks, and operates within the Fintech & Insurtech sector, focusing on trading and investing platforms.
Strategic signal
In October 2021, Wematch.live secured a $19.5 million Series B funding round led by DB1 Ventures, with participation from. This investment highlights strong strategic validation for Wematch.live's web-based solutions, which automate trading workflows for the wholesale derivatives industry. The funding is expected to strengthen partnerships, provide access to liquidity pools, and facilitate further growth, signaling a clear trajectory towards market expansion and deeper integration within the financial ecosystem.
Log in to access full profile ›Company Intelligence Q&A
- What was a significant funding event for Wematch.live?
- In October 2021, Wematch.live completed a $19.5 million Series B funding round. This round was led by DB1 Ventures and included participation from Illuminate Financial.
- Which investors participated in Wematch.live's Series B funding round?
- The Series B funding round in October 2021 was led by DB1 Ventures, with additional investment from.
- When did J.P. Morgan and Societe Generale invest in Wematch.live?
- In September 2019, J.P. Morgan and Societe Generale invested in Wematch.live, transitioning their relationship from users to investors as the company advanced its plans to transform voice-traded financial markets.
- What product expansion did Wematch.live announce in July 2019?
- In July 2019, Wematch.live unveiled a Euro Interest Rate Swaps (IRS) matching and negotiating platform, expanding its product offering to include enhanced tools and workflows for sell-side human traders in this significant financial market.
- What were Wematch.live's expansion plans in August 2019?
- In August 2019, Wematch.live announced plans to expand across products, asset classes, and geographies, aiming to integrate technology into the trading space for improved efficiency and cost savings. This included adding new interest rate swaps and currencies, and opening a US office.