# The Small Exchange funding: rounds and investors

> The Small Exchange has raised $15M across 2 rounds since 2019. Investors include Jump Capital and Citadel Securities. Every round with its source.

Source: https://millionrounds.com/company/the-small-exchange (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *The Small Exchange*

2 rounds we have observed, with the 2 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Financial Services Fintech

Funding summary Updated 26 Oct 2026

**$15M** raised across 2 rounds since 2019, from 2 sources

**$10M** Round **$5.0M** Venture

- **Latest round:** Venture, $5.0M Nov 2021
- **Biggest round:** $10M Round · May 2019
- **Investors:** 2

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2020 2021

**$10M** Round

**$5.0M** Venture

- **First round:** Round, $10M
- **Biggest round:** $10M
- **Between rounds:** 2.5 years

## The rounds

- **Nov 2021** Venture **$5.0M** *1 returning* [Jump Capital](https://millionrounds.com/fund/jump-capital) Source recorded
- **May 2019** Round **$10M** *2 new* [Jump Capital](https://millionrounds.com/fund/jump-capital) [Citadel Securities](https://millionrounds.com/fund/citadel-securities) Reported by FinSMEs

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2019 **Venture** 2021 [Jump Capital](https://millionrounds.com/fund/jump-capital) [Citadel Securities](https://millionrounds.com/fund/citadel-securities)

## Everyone who backed them

[Jump Capital](https://millionrounds.com/fund/jump-capital) VC firm **2** rounds

[Citadel Securities](https://millionrounds.com/fund/citadel-securities) Growth equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=the-small-exchange).

## Quick answers about The Small Exchange

### Who invested in The Small Exchange?

The Small Exchange's investors include Jump Capital and Citadel Securities.

### How much has The Small Exchange raised?

The Small Exchange has raised $15M across 2 rounds since 2019.

### When did The Small Exchange last raise?

The Small Exchange's most recent round was a Venture of $5.0M in Nov 2021.

### What was The Small Exchange's biggest round?

The Small Exchange's largest round on record is $10M (Undisclosed round), in May 2019.

### Who backed The Small Exchange first?

The Small Exchange's first round on record, in May 2019, was backed by Jump Capital and Citadel Securities.

### What stage is The Small Exchange at?

The Small Exchange's latest named round is a Venture, in Nov 2021.

### Where is The Small Exchange based?

The Small Exchange is based in the United States.

## Companies like The Small Exchange

In the same sector, and raised in the last eighteen months.

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)

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