TradingView Inc, the popular charting platform and social network for traders and investors, announced on October 14, 2021 that it has completed a $298 million funding round – which was led by Tiger Global.
TradingView’s investment round takes the firm – with paying clients in more than in more than 180 countries globally – to a $3 billion valuation.
Denis Globa, CEO and Co-founder of TradingView stated:
“We’re excited to be partnering with Tiger Global. Their global fintech expertise and insights will contribute significantly to furthering TradingView’s vision of informed financial trading and investing for the world.”
Globa added:
“We built this company with the belief that people everywhere want the same thing: to be in control of their own economic futures. We work towards this by creating an environment where all traders and investors can Look first / Then leap. That it doesn’t matter who you are, or where you’re from, you’ll always have access to the best tools and the best insights to find your right trading opportunities, then act on them.”
The investment follows steady growth for the firm, which has reported a 400% increase in created accounts, and a 237% increase in visitors to the platform during the past 18 months. It’s now recognized as a popular investing website – with 30 million monthly users – and “in the top 100 most engaging websites globally on the Internet.”
The company is also “doubling down on its broker relationships and is expecting to partner and integrate with most major brokerage platforms over the next few years to allow consumers to trade directly from TradingView, while using their preferred financial institutions,” the announcement revealed.
Alex Cook, Partner, Tiger Global remarked:
“TradingView’s global reach, strong product offering, and engaged customer base positions the company to be the default social network and financial analysis platform used by all traders and investors. We’re looking forward to helping Denis and the team realize this ambition and expand the company’s market leadership position.”