Companies · Fintech

dYdX Trading Inc.

SAN FRANCISCO · Fintech · refined from filed group “Other Technology

Diligence memoA one-page analyst read on dYdX Trading Inc. — recommendation, valuation, rhythm, risks.
$2.0M
Total raised · real
1
Rounds
Latest step-up
Top 25%
Sector rank · raised
Seed
Latest stage · inferred · Mon Dec 11 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

dYdX Trading Inc. looks fair against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the fintech sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 1.00× the median modeled value of Seed Fintech companies in 2016–2018 (7 peers) — value vs value, same stage and era.
  • Within the normal band (100% of peer median) for its niche.
Dormant
  • Last raise 8.6 yr ago; this sector typically re-raises about every 12 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Fintech

dYdX Trading Inc. is one of 1063 Fintech companies tracked from SAN FRANCISCO. By capital raised it ranks in the upper tier (ahead of 76% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
22
Investors (latest)
2017
Year incorporated
2017-12-11
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$25M$50M$75M$100MSeed · 2017-12-11 Raised $2.0M (real) Modeled valuation $69M (est)$2.0M$69MSeed2017

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$2.0M · 2017

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$69.4M
Base estimate est.
$1.7M
Conservative case
$544.4M
Upside case
$9.8M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the fintech sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
38%
Survival probability
17% low · 60% high
1.62×/yr
Annual markup
2.13×/yr upside case
6.0 yr
Elapsed time used
8.6 yr actual, capped for stale marks
fintech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
8.6 yr
On record since
2017
First round
1
Rounds on file
How it compares to the market

Benchmarked against 1063 companies in Fintech. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 0.5× of median
This company$2.0M
Sector median$4.3M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.0× of median
This company$2.0M
Sector median$2.0M
Modeled value — vs sector median (estimate, all stages) 1.5× above median
This company$69.4M
Sector median$45.1M

Raised more than 76% of sector peers (real $). Modeled value above 86% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #4 of 7.

This companyCohort peer
$10.0M$100.0M$1.0B$100K$1.0M$10.0MCapital raised (log)Arrow Holdings Llc · Seed Raised $4.0M · modeled $140.9M (est)Credit Precision, Inc. · Seed Raised $3.2M · modeled $112.7M (est)Fintech Global Markets, Inc. · Seed Raised $2.4M · modeled $82.8M (est)Magma Trading USA, LLC · Seed Raised $1.9M · modeled $65.7M (est)Lidya · Seed Raised $1.3M · modeled $44.0M (est)Alternative Circle · Seed Raised $1.1M · modeled $38.7M (est)dYdX Trading Inc. (this company) Raised $2.0M · modeled $69.4M (est)dYdX Trading Inc.
CompanyStageRaised · realValue · estvs peer med.
Arrow Holdings LlcSeed$4.0M$140.9M2.03×
Credit Precision, Inc.Seed$3.2M$112.7M1.62×
Fintech Global Markets, Inc.Seed$2.4M$82.8M1.19×
dYdX Trading Inc. this companySeed$2.0M$69.4M1.00×
Magma Trading USA, LLCSeed$1.9M$65.7M0.95×
LidyaSeed$1.3M$44.0M0.63×
Alternative CircleSeed$1.1M$38.7M0.56×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$2.0M2017-12-11$9.8M$69.4M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$2.0M2017-12-11
    • First recorded raise — entered as Seed.
    • 22 investors on this round.
Intelligence
Modeled next raise
$3.2M
Modeled next size est.range $2.0M$5.0M
Last step-up
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Antonio M. Juliano2017-12
Registry & provenance

dYdX Trading Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1725806
SEC CIK
2017
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Breakout Trading Group LLCFintechSeed$2.0M$9.9Msame sector · same stage
White Wolf Private Credit Opportunities, LPFintechSeed$1.9M$35.2Msame sector · same stage
Sotira Fintech Co.FintechSeed$2.0M$29.7Msame sector · same stage
BanklyFintechSeed$2.0M$49.5Msame sector · same stage
BujetiFintechSeed$2.0M$13.3Msame sector · same stage
Equity Lending Solutions LLCFintechSeed$2.0M$11.9Msame sector · same stage
KlashaFintechSeed$2.0M$8.7Msame sector · same stage
PaylendFintechSeed$2.0M$33.9Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
FTX Trading Ltd.FintechGrowth/Late$10.4B85%
VersiFi Trading, Inc.FintechSeries A$76.5M84%
Finary Wealth Inc.FintechSeries B$113.6M84%
Trading.TV, Inc.FintechSeries A$6.1M84%
Starfi Trading Financial Group LTDFintechSeries A$47.8M83%
Ccl Trading Co IncFintechSeries A$90.2M83%
DSC Trading, LLCFintechSeries A$126.9M83%
Magma Trading USA, LLCFintechSeed$65.7M83%
Frequently asked
How much funding has dYdX Trading Inc. raised?
dYdX Trading Inc. has raised approximately $2.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is dYdX Trading Inc.'s estimated valuation?
Provath's modeled valuation for dYdX Trading Inc. is approximately $69.4M (modeled range $1.7M–$544.4M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is dYdX Trading Inc. at?
dYdX Trading Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Mon Dec 11.
What does dYdX Trading Inc. do and where is it based?
dYdX Trading Inc. operates in the Fintech sector, based in SAN FRANCISCO.
Explore related

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