Rapidtrade, the AI-powered trading platform, today announced it has raised $85 million in Series B funding led by Sequoia Capital, with participation from existing investors Andreessen Horowitz and Ribbit Capital, as well as new investors Tiger Global and Coatue Management. The round values the company at $680 million.
The funding will be used to accelerate product development, expand the company's AI and engineering teams, and fuel international growth. Rapidtrade plans to launch in Europe before the end of 2025 and enter Asian markets in 2026.
"This funding validates our vision of democratizing sophisticated trading through AI," said Marcus Chen, CEO and Co-founder of Rapidtrade. "With Sequoia's support, we're positioned to become the global platform of choice for the next generation of traders."
Roelof Botha, Partner at Sequoia Capital, will join Rapidtrade's board of directors. "Rapidtrade has built something truly differentiated—an AI-native trading platform that delivers institutional-quality tools to retail users," said Botha. "Marcus and Sarah have assembled an exceptional team, and we're excited to partner with them on this journey."
Since its $30 million Series A in early 2024, Rapidtrade has achieved significant milestones:
• Monthly active users grew from 180,000 to over 950,000.
• Trading volume increased 8x to a $1.8 billion annualized run rate.
• The team expanded from 45 to 140 employees across three offices.
• Launched flagship products including Sentinel AI risk management and Copy Trading 2.0.
• Achieved SOC 2 Type II certification and obtained money transmitter licenses in 48 US states.
The new funding will support several strategic initiatives:
• Expanding the AI research team to 30 engineers to develop next-generation predictive models.
• Building out institutional trading infrastructure to serve hedge funds and family offices.
• Launching options trading capabilities in Q1 2026.
• Establishing regulatory presence in the EU, UK, Singapore, and Hong Kong.
• Investing in marketing to grow brand awareness in key markets.
"We're building the trading infrastructure of the future," said Sarah Kim, CTO and Co-founder. "This funding allows us to push the boundaries of what's possible with AI in finance while maintaining our commitment to accessibility and user safety."
Rapidtrade has now raised $115 million in total funding. The company is headquartered in New York City with offices in San Francisco and, as of this announcement, London.