🏆 Deal of the Month · May 2021
Trade Republic raised USD 900 million in a Series C round, reaching a valuation of USD 5.3 billion. The round was led by Sequoia, with participation from TCV, Thrive Capital, Accel, Founders Fund, Creandum, and Project A. This deal was recognised as Venionaire DealMatrix Deal of the Month for May 2021.
Trade Republic — key deal facts
| Company | Trade Republic |
| Founded | 2015 |
| Headquarters | Berlin, Germany |
| Amount raised | USD 900M |
| Valuation | USD 5,3 Billion |
| Round | Series C |
| Investors | Sequoia (https://www.sequoiacap.com/) TCV (https://www.tcv.com/) Thrive Capital (https://thrivecap.com/) Accel (https://www.accel.com/) Founders Fund (https://foundersfund.com/) Creandum (https://www.creandum.com/) Project A (https://www.project-a.com/) |
| Sectors | Neobrocker |
Who invested in Trade Republic?
The investor syndicate spans top-tier US venture and growth funds — Sequoia, TCV, Thrive Capital, Accel, and Founders Fund — alongside European specialist investors Creandum and Project A. The combination of Silicon Valley heavyweights and European fintech-focused backers reflects both the global ambition of the business and the deep local knowledge required to scale a regulated brokerage across European markets. The breadth of the syndicate also signals strong conviction across multiple investment stages and geographies.
What does Trade Republic do?
Trade Republic is a Berlin-headquartered neobroker founded in 2015 by Christian Hecker, Thomas Pischke, and Marco Cancellieri. The company operates a mobile-first investment platform offering commission-free trading in stocks, ETFs, derivatives, bonds, and cryptocurrencies. Beyond brokerage, its product suite includes a digital savings account with interest and a debit card featuring a 1% saveback mechanism that automatically invests cashback into the user's portfolio. Trade Republic targets retail investors across Europe seeking low-cost access to capital markets through a streamlined digital experience.
Trade Republic valuation & multiples
No verified multiples data was provided for this transaction. For context on how neobroker and fintech platform peers are valued on an EV/Sales or EV/EBITDA basis, visit the relevant sector multiples pages on DealMatrix.
Explore the benchmarks: Series C.
Frequently asked questions
How much did Trade Republic raise in its Series C?
Trade Republic raised USD 900 million in its Series C round, announced in May 2021.
What is Trade Republic's valuation?
Trade Republic was valued at USD 5.3 billion at the time of its Series C funding round.
Who invested in Trade Republic?
The round was led by Sequoia, with co-investors TCV, Thrive Capital, Accel, Founders Fund, Creandum, and Project A.
When was Trade Republic founded and where is it based?
Trade Republic was founded in 2015 and is headquartered in Berlin, Germany.
Source: original announcement — read the full report.