3Commas
240 Richmond St W, Toronto, Ontario, M5V, Canada
Overview
3Commas provides both manual and automated trading strategies, advanced trading bots, and portfolio management solutions for retail, power users, developers and enterprise professionals. The platform surfaces historical performance of different strategies and enables users to easily replicate them via automated trading features and developer APIs. Management says the bots and ecosystem help users earn profits across market conditions, with over 70% of users generating monthly profits from closed deals. 3Commas has launched DeCommas, a subsidiary to simplify access to DeFi trade automation, and has hired a research and development team to support that effort. Planned product work includes advancing its machine learning and AI trading bots, expanding the trading ecosystem, and enhancing developer access to APIs. The company was founded in 2017 and runs on a low-latency cloud infrastructure. 3Commas is a non-custodial order management and crypto-asset management platform that connects to over 23 major crypto exchanges and offers automated trade execution and portfolio management. The platform supports Smart Trade options, DCA and Grid Bots, derivatives-specific bots, and a marketplace for trading signals with TradingView integration. Since launching in 2017, 3Commas reports roughly 100,000 active traders and about $12 billion in annual aggregate trading volume. The product emphasizes risk management solutions, evolving strategies and low-latency cloud infrastructure to serve both novice and advanced traders. 3Commas plans to expand its product lineup with DeFi integrations, newer asset classes, and localized services in Asia and South America, and is testing FX and equity markets. The company aims to accelerate international expansion and further product innovation using the proceeds of its recent financing.
- Total raised
- $40M
- Funding rounds
- 2
- Latest round
- Series B
- Latest activity
- Sep 2022
Industries
- Cryptocurrency
- Financial Services
- FinTech
- Trading Platform
Recent funding
Series B
Sep 2022
$37M
Series A
Nov 2020
$3M