# Trumid funding: rounds and investors

> Trumid has raised $331M across 4 rounds since 2017. Investors include Hill House Capital, Founders Fund and BlackRock. Every round with its source.

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

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

# Who invested in *Trumid*

4 rounds we have observed, with the 6 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

Valuation: $2.4B, Mar 2026

Funding summary Updated 26 Oct 2026

**$331M** raised across 4 rounds since 2017, from 4 sources

**$10M** Round **$53M** Round **$60M** Round **$208M** Growth

- **Latest round:** Growth, $208M Oct 2021
- **Step-up i:** 3.5×
- **Investors:** 6

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.

2018 2019 2020 2021

**$10M** Round

**$53M** Round

**$60M** Round

**$208M** Growth

- **First round:** Round, $10M
- **Biggest round:** $208M
- **Usual gap between rounds:** 14 months

[**Trumid** Financial services 1 / 20 Their pitch deck **Trumid's pitch deck, 20 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/trumid)

## The rounds

- **Oct 2021** Growth **$208M** *3 new* *1 returning* [Founders Fund](https://millionrounds.com/fund/founders-fund) [BlackRock](https://millionrounds.com/fund/blackrock) [Hill House Capital](https://millionrounds.com/fund/hill-house-capital) [TPG](https://millionrounds.com/fund/tpg) Source recorded
- **May 2019** Round **$60M** *1 new* [Hill House Capital](https://millionrounds.com/fund/hill-house-capital) Reported by China Money Network SEC filing: $58M sold, first sale May 2019
- **Sept 2018** Round **$53M** *1 new* Singapore Exchange/ Deutsche Börse Reported by Businessinsider SEC filing: $53M sold, first sale Jun 2018
- **Jul 2017** Round **$10M** *1 new* [DB1 Ventures](https://millionrounds.com/fund/db1-ventures) Reported by FinSMEs

## Founders and team

From Trumid's own website: 1 founder, 5 on the team.

**Ronnie Mateo** Founder & Co-CEO

- **Mike Sobel** Co-CEO & President
- **Jason Quinn** Chief Product Officer & Global Head of Sales
- **Cheryl Knopp** General Counsel & Chief Compliance Officer
- **Dan Siracuse** Chief Financial Officer & Chief Operating Officer
- **Tony Schiavo** Chief Technology Officer

## 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** 2017 **Round** 2018 **Round** 2019 **Growth** 2021 [Hill House Capital](https://millionrounds.com/fund/hill-house-capital) [Founders Fund](https://millionrounds.com/fund/founders-fund) [BlackRock](https://millionrounds.com/fund/blackrock) [TPG](https://millionrounds.com/fund/tpg) [DB1 Ventures](https://millionrounds.com/fund/db1-ventures) Singapore Exchange/ Deutsche Börse

## Everyone who backed them

[Hill House Capital](https://millionrounds.com/fund/hill-house-capital) Family office **2** rounds

[Founders Fund](https://millionrounds.com/fund/founders-fund) VC firm **1** round

[BlackRock](https://millionrounds.com/fund/blackrock) Asset manager **1** round

[TPG](https://millionrounds.com/fund/tpg) Private equity **1** round

[DB1 Ventures](https://millionrounds.com/fund/db1-ventures) Corporate VC **1** round

Singapore Exchange/ Deutsche Börse no record of our own yet **1** round

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

## Also claim to have backed them

These 4 firms list Trumid as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[SenaHill Partners](https://millionrounds.com/fund/senahill-partners) VC firm Per its own site

[LeFrak](https://millionrounds.com/fund/lefrak) Private equity Per its own site

[Arbor Ventures](https://millionrounds.com/fund/arbor-ventures) VC firm Per its own site

[Runway Venture Partners](https://millionrounds.com/fund/runway-venture-partners) VC firm Per its own site

## Quick answers about Trumid

### Who invested in Trumid?

Trumid's investors include Hill House Capital, Founders Fund, BlackRock, TPG and DB1 Ventures, and 1 more on record.

### How much has Trumid raised?

Trumid has raised $331M across 4 rounds since 2017.

### When did Trumid last raise?

Trumid's most recent round was a Growth of $208M in Oct 2021.

### What was Trumid's biggest round?

Its most recent round, $208M in Oct 2021, is also its largest on record.

### Who backed Trumid first?

Trumid's first round on record, in Jul 2017, was backed by DB1 Ventures.

### What stage is Trumid at?

Trumid's latest named round is a Growth, in Oct 2021.

### Where is Trumid based?

Trumid is based in the United States.

## Companies like Trumid

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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