BestEx Research: Funding, Investors & Team (Sep 2026)
Hitesh Mittal, an expert in electronic trading, founded BestEx Research. With prior experience building notable algorithmic and systematic trading businesses at ITG and AQR Capital, he envisioned a broker-neutral, transparent, and cutting-edge multi-asset algorithmic trading platform that could minimize trading costs and boost investor returns. The company's primary product, the Algo Management System (AMS), is a comprehensive SaaS-based platform that provides BestEx clients with execution algorithms, transaction cost analysis, execution management systems, back-testing, and automation workflow tools. BestEx Research offers its platform via subscription, transactional, and hybrid models to asset managers and banks, even enabling them to create their algorithmic trading offerings by white-labeling AMS. Since its launch in Feb 2019, AMS has seen tremendous growth both in scope and clientele, attracting some of the world's largest asset managers, hedge funds, and investment banks.
BestEx Research has raised $15.0M across 2 funding rounds on record, the most recent an undisclosed round of $10.0M announced in Mar 2023.
That round is above the $4.1M median round size for Apps companies tracked on FundedIQ over the last two years.
BestEx Research Company Profile and Key Stats
Latest funding round on record: Mar 2023.
BestEx Research Funding Rounds
BestEx Research raised $5.0M in an undisclosed round announced in Dec 2020.
2.3 years later, an undisclosed round of $10.0M was announced in Mar 2023.
BestEx Research Founders and Leadership Team
Contact details for the BestEx Research team: 1 of 1 has an email address on file.
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BestEx Research's latest round of $10.0M is above the median round in Apps. Medians cover the last 24 months of disclosed rounds.
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BestEx Research Funding FAQs
What does BestEx Research do?
Hitesh Mittal, an expert in electronic trading, founded BestEx Research. With prior experience building notable algorithmic and systematic trading businesses at ITG and AQR Capital, he envisioned a broker-neutral, transparent, and cutting-edge multi-asset algorithmic trading platform that could minimize trading costs and boost investor returns. The company's primary product, the Algo Management System (AMS), is a comprehensive SaaS-based platform that provides BestEx clients with execution algorithms, transaction cost analysis, execution management systems, back-testing, and automation workflow tools. BestEx Research offers its platform via subscription, transactional, and hybrid models to asset managers and banks, even enabling them to create their algorithmic trading offerings by white-labeling AMS. Since its launch in Feb 2019, AMS has seen tremendous growth both in scope and clientele, attracting some of the world's largest asset managers, hedge funds, and investment banks.
How much funding has BestEx Research raised?
BestEx Research has raised $15.0M across 2 rounds on record. The most recent is an undisclosed round of $10.0M announced in Mar 2023.
When did BestEx Research last raise funding?
BestEx Research's most recent funding round on record is an undisclosed round of $10.0M, announced in Mar 2023.
Who is the CEO of BestEx Research?
Hitesh Mittal is listed as CEO at BestEx Research.
Where is BestEx Research headquartered?
BestEx Research is based in Stamford, Connecticut, United States.
How many employees does BestEx Research have?
BestEx Research is in the 11-50 employee band.
How does BestEx Research's funding compare to other Apps startups?
BestEx Research's latest round of $10.0M is above the $4.1M median round size for Apps companies on FundedIQ across 2,426 tracked companies over the last two years.
About FundedIQ's BestEx Research Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for BestEx Research is left off this page rather than filled in.
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