TruMarx Data Partners
Founded Year
2007Stage
Seed VC | AliveTotal Raised
$12.72MLast Raised
$7.22M | 5 yrs agoAbout TruMarx Data Partners
TruMarx Data Partners delivers technology solutions for today's demanding energy markets. TruMarx helps global energy players increase profitability, streamline compliance and trading efficiency and gain competitive advantage. The company's flagship product, COMET, is a cloud software platform that enables both buyers and sellers to execute bilateral OTC transactions with control and compliance.
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Expert Collections containing TruMarx Data Partners
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
TruMarx Data Partners is included in 1 Expert Collection, including Fintech.
Fintech
8,123 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
TruMarx Data Partners Patents
TruMarx Data Partners has filed 2 patents.
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
9/9/2015 | Derivatives (finance), Financial markets, Futures exchanges, Remote desktop, Commodity markets | Application |
Application Date | 9/9/2015 |
|---|---|
Grant Date | |
Title | |
Related Topics | Derivatives (finance), Financial markets, Futures exchanges, Remote desktop, Commodity markets |
Status | Application |
Latest TruMarx Data Partners News
Oct 7, 2020
October 7, 2020 TruMarx Data Partners, developers of the COMET energy marketplace, and leading project developer in the natural gas and LNG sector and LNG Alliance (Singapore) have signed an MOU to support LNG Alliances business objectives with software and data solutions including the COMET Marketplace for the LNG/Gas trading and distribution platform in India. LNG Alliance (Singapore) is engaged in the development of India’s virtual gas pipelines, downstream gas market integration in the east coast of India and LNG bunkering initiatives in the west coast of India. This understanding underscores the TruMarx commitment to providing the most valuable and robust energy trading solutions to the industry in consultation with its leaders, the Company said in its press release. TruMarx’s Chief Executive Officer Jon Olson commented, “We welcome the opportunity to provide our solutions to LNG Alliance to further their groundbreaking work.” Muthu Chezhian, CEO of LNG Alliance commented, “Based on our indepth evaluation of the various softwares and trading platforms available in the market for Gas and LNG transactions, COMET ranked top. It provides us with an integrated transactional visual platform for price discovery mechanism, ability to negotiate the terms through confidential one-to-one secure space, and comprehensive transaction compliance, built on best industry practices. The complex and fast emerging gas/LNG demand in India, combined with the wide range of client needs, makes COMET the right fit for us.” COMET supports unlimited, real-time confidential collaboration around any transaction, and provides custom integration between third-party systems to create straight-through processing across the transaction lifecycle. COMET standardizes processes around non-standard transactions. Headquartered in Chicago, with further offices in the US, Europe and Asia, TruMarx Data Partners is an experienced team of energy professionals with an established track record in delivering powerful technology solutions for today’s energy market challenges. –AN
TruMarx Data Partners Frequently Asked Questions (FAQ)
When was TruMarx Data Partners founded?
TruMarx Data Partners was founded in 2007.
Where is TruMarx Data Partners's headquarters?
TruMarx Data Partners's headquarters is located at 30 South Wacker Drive, Chicago.
What is TruMarx Data Partners's latest funding round?
TruMarx Data Partners's latest funding round is Seed VC.
How much did TruMarx Data Partners raise?
TruMarx Data Partners raised a total of $12.72M.
Who are the investors of TruMarx Data Partners?
Investors of TruMarx Data Partners include Bob Green, Tom Price, HBS Alumni Angels Association, B-Con, Cornerstone Angels and 6 more.
Who are TruMarx Data Partners's competitors?
Competitors of TruMarx Data Partners include GlobalView Software and 5 more.
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Compare TruMarx Data Partners to Competitors
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