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Here's the pitch deck Trumid, a Wall Street trading startup backed by George Soros and Peter Thiel, used to raise $53 million

Here's the pitch deck Trumid, a Wall Street trading startup backed by George Soros and Peter Thiel, used to raise $53 million

Here, Trumid explains how it fits into the market.

An overview of how the corporate bond market is changing and why that presents an opportunity for electronic venues like Trumid.

A rundown of Trumid's user base, which looks like it has grown substantially since 2015. By yearend 2018, the company had over 400 users.

The number of clients connected to the trading venue increased by 20% in 2018 over the prior year. By January 2019, the firm had 413 institutions onboarded across both the sell side and buy side.

However, that missed its January 2019 projections, as shown in the above slide, by 5 firms.

Trumid boasts about its tech prowess.

Since this slide was created, Trumid introduced a new dashboard called Trading Center 2.0 to make it easier for traders to see information and execute trades. It's also made hedging Treasuries more flexible and expanded its involvement in the new issue market.

In this slide, Trumid discusses its trading venue, which tries to mirror the way that bond traders work on other platforms. It also includes artificial-intelligence techniques.

A rundown of how 2017 went.

And the outlook for 2018. A reminder that this deck was prepared in April 2018.

All sorts of numbers going in the right direction.

For all of 2018, Trumid's total trade volume increased almost 150%, according to the company. January 2019 was a record month, with average daily trading volume increasing 50% compared to the 2018 average. Average daily trading volume doubled last month compared to January 2018.

Trumid describes its flywheel effects, where more daily trades lead to better user engagement which leads to more orders and more trades.

This slide shows how Trumid's growth looks to be picking up steam.

Here, Trumid says it expects annualized net revenue to go from $8 million in February 2018 to $121 million in 2022.

This slide shows how Trumid's enterprise value may increase to $3.1 billion on net revenue of $163 million in an environment where at least 40% of corporate bonds trade electronically.

A nice chart showing the areas where Trumid sees future growth.

Emerging market debt gets a special call out, with Trumid expecting a 1% market share within the first two years.

One of the key promises of electronic trading is the amount of data it produces and the ability to deliver analytics that can come up with new insights.

No surprise that Trumid sees the commercialization of analytics as a growth area that could mean as much as $3 million by late 2018. Interestingly, the deck also mentions some regulatory solutions.

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