COMPANY PROFILE

MEMX

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Financial services startup that operates in the equity markets

Jersey City, United StatesFounded 2019Fintech

Valuation $500M–1B Last recorded · 2026

Headcount 100–500 Current team size

Total funding $100–500M Disclosed equity funding

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About MEMX

MEMX, short for Members Exchange, is a financial services startup that operates in the equity markets. The company was founded by members with the goal of representing all investors. MEMX's primary offering is a trading platform, MEMX Options, which started trading on September 27, 2023. The platform is designed to promote a fair, transparent, and efficient trading experience for all its users.

MEMX serves a wide range of clients, from institutional investors to retail traders. The company's leadership includes experts from major financial institutions such as Barclays, J.P. Morgan Asset Management, RBC Capital Markets, Citi, and Schwab. This diverse team brings a wealth of knowledge and experience to the table, enabling MEMX to continuously innovate and adapt to the changing needs of the market.

The company operates in the competitive equity markets sector, where it aims to drive simplicity, efficiency, and competition. It does this by offering a platform that is easy to use and understand, and by promoting healthy competition among traders. MEMX generates revenue by charging fees for trades executed on its platform.

In addition to its trading platform, MEMX also hosts discussions and panels on various topics related to exchange trading and market structure. These sessions, known as the X Sessions, provide valuable insights and perspectives on the future of exchange trading and the concept of healthy competition.

MoreLess Source: Dealroom company data

At a glance

Status: Operational
Founded: 2019
Headquarters: Jersey City, United States
Employees: 131
Open positions: 1
Dealroom signal: 85.9/100
Industry: Fintech
Sub-industry: Wealth Management
Sector: Fintech, Trading, Trading Infrastructure
Business model: SaaS
Client focus: b2b
Links: Website LinkedIn X

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Founder mafia, market maps, research and news connected to this company by Dealroom

Funding history

3 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
GROWTH EQUITY VCOther financing	Mar 2023	$0	—	Citadel Securities · Belvedere Strategic Capital · CTC Venture Capital · Chicago Trading Company	↗
EARLY VCOther financing	May 2020	$65M	$260M	Flow Traders · Wells Fargo and Company · Williams Trading · Manikay Partners	↗

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Growth signals

MEMX website traffic

Latest recorded traffic for MEMX is 8.6K monthly website visits, up 38.7% over the last three months. MEMX's team grew 3.1% over the past year.

Latest monthly visits8.6K 3-month web change+38.7% 1-year team growth+3.1%

Monthly website visitsOct 2017–Jul 2026

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