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SpectrAxe LLC has raised a Series A funding round led by Susquehanna Private Equity Investments, with additional investments from IMC and CTC, totalling an undisclosed amount. This funding will enhance SpectrAxe's platform for OTC FX options trading.

PRIVATEApr 10, 2025

Round Type

Series A

New YorkE CommerceMarketplaceFintech

Investors

CtcImcSusquehanna Private Equity Investments, Lllp

Description

SpectrAxe LLC announced the completion of a Series A funding round led by Susquehanna Private Equity Investments, with IMC and CTC as co-investors. The investment aims to accelerate the transformation of OTC FX options trading through SpectrAxe's all-to-all central limit order book (CLOB) platform. By providing a modern trading venue, SpectrAxe seeks to improve market access and liquidity for various participants. The funding will support the company's expansion and enhance its platform's functionality.

Quick answer

SpectrAxe raised an undisclosed amount in a Series A round, dated April 10, 2025. Investors: Ctc, Imc and Susquehanna Private Equity Investments, Lllp. SpectrAxe is based in New York, New York, United States.

How much did SpectrAxe raise?
SpectrAxe raised an undisclosed amount in a Series A round on April 10, 2025.
Who invested in SpectrAxe?
Ctc, Imc and Susquehanna Private Equity Investments, Lllp are named as investors in this round.
What does SpectrAxe do?
SpectrAxe LLC is the first true all-to-all marketplace for OTC FX options, aiming to revolutionize the trading of this asset class through its central limit order book (CLOB) platform.
Where is SpectrAxe based and how big is it?
SpectrAxe is based in New York, New York, United States. Fundz records about 12 employees.
Who are the decision-makers at SpectrAxe?
Fundz holds 1 contact at SpectrAxe. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in E Commerce and Marketplace around the same time

Companies in the same sectors as SpectrAxe that raised within 45 days of this round, from Fundz verified event records.

  • CrediLinq raised $8.5M (Series A) on May 17, 2025.
  • iQ Cars raised $7M (Seed) on April 30, 2025.
  • NexGen Cloud raised $45M (Series A) on April 8, 2025.
  • Firefish raised $1.8M (Seed) on April 8, 2025.
  • Easebuzz raised $30M (IPO) on April 7, 2025.
  • Kyberlife raised $3M (Seed) on March 19, 2025.

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Company Information

Company

SpectrAxe

Location

New York, New York, United States

About

SpectrAxe LLC is the first true all-to-all marketplace for OTC FX options, aiming to revolutionize the trading of this asset class through its central limit order book (CLOB) platform. The company focuses on enhancing market access and liquidity while providing modern solutions to the fragmented trading environment. By enabling market participants to trade directly with each other, SpectrAxe seeks to restructure how OTC FX options are traded, improving price discovery and operational efficiencies.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

SpectrAxe raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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