Clearpool Group secured an $8m Series A, led by Edison Partners. The New York based Clearpool is an electronic trading software development and agency execution business; its clients are the institutional sell-side and professional trading firms.
“Our business has recorded a significant influx of new clients this year because we are providing tools in the cloud that enable them to gain control in their electronic and algorithmic trading infrastructure,” said Clearpool Group CEO, Joseph Wald. “This minority investment from Edison Partners validates our value proposition and capabilities. It will also act as an accelerant for faster development of technological solutions demanded by our customers, and enrich the sales and client service experience.” Among its suite of offerings, Clearpool has seen rapid adoption of Autonomy™, a private label electronic and algorithmic trading platform for the sell-side and their buy-side clients; and Iris™, its proprietary order aggregation and queuing technology designed to enhance liquidity interaction and fill rates.