Hummingbot: Funding, Investors & Team (Sep 2026)
Hummingbot aims to make high-frequency trading accessible to everyone by utilizing open source technology. The project, launched in 2019, is an open-source trading bot for cryptocurrency that has over 33,000 downloads and works with over 20 exchanges. They also created Hummingbot Miner, a leading liquidity mining platform for centralized exchanges that offers users rewards for running market-making bots on specific trading pairs. They developed the idea of liquidity mining, which introduced a decentralized model for liquidity provision, in a 2019 whitepaper. The company was established in 2017 as a quantitative hedge fund and its co-founders have over 22 years of experience in investment banking and trading at Goldman Sachs and JP Morgan, as well as leadership roles at Silicon Valley companies such as Apple and Nitro. Hummingbot has raised $13.6 million from Initialized Capital, Bain Capital Ventures, 1kx Capital, Borderless Capital, Ironfire Ventures, Stanford-StartX Fund, and other funds and angels.
Hummingbot has raised $9.6M across 2 funding rounds on record, the most recent an undisclosed round of $1.6M announced in Apr 2023.
That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Hummingbot Company Profile and Key Stats
Latest funding round on record: Apr 2023.
Hummingbot Funding Rounds
Hummingbot raised $8.0M in an undisclosed round announced in Jun 2021.
1.8 years later, an undisclosed round of $1.6M was announced in Apr 2023.
Hummingbot Founders and Leadership Team
No contact details are on record for this team yet.
Hummingbot Funding Compared to Other Financial Services Startups
Hummingbot's latest round of $1.6M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Hummingbot Funding FAQs
What does Hummingbot do?
Hummingbot aims to make high-frequency trading accessible to everyone by utilizing open source technology. The project, launched in 2019, is an open-source trading bot for cryptocurrency that has over 33,000 downloads and works with over 20 exchanges. They also created Hummingbot Miner, a leading liquidity mining platform for centralized exchanges that offers users rewards for running market-making bots on specific trading pairs. They developed the idea of liquidity mining, which introduced a decentralized model for liquidity provision, in a 2019 whitepaper. The company was established in 2017 as a quantitative hedge fund and its co-founders have over 22 years of experience in investment banking and trading at Goldman Sachs and JP Morgan, as well as leadership roles at Silicon Valley companies such as Apple and Nitro. Hummingbot has raised $13.6 million from Initialized Capital, Bain Capital Ventures, 1kx Capital, Borderless Capital, Ironfire Ventures, Stanford-StartX Fund, and other funds and angels.
How much funding has Hummingbot raised?
Hummingbot has raised $9.6M across 2 rounds on record. The most recent is an undisclosed round of $1.6M announced in Apr 2023.
When did Hummingbot last raise funding?
Hummingbot's most recent funding round on record is an undisclosed round of $1.6M, announced in Apr 2023.
Who founded Hummingbot?
FundedIQ lists Martin Kou (Founder) at Hummingbot.
Who is the CEO of Hummingbot?
Michael Feng is listed as CEO at Hummingbot.
Where is Hummingbot headquartered?
Hummingbot is based in Mountain View, California, United States.
How many employees does Hummingbot have?
Hummingbot is in the 51-100 employee band.
How does Hummingbot's funding compare to other Financial Services startups?
Hummingbot's latest round of $1.6M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.
About FundedIQ's Hummingbot 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 Hummingbot is left off this page rather than filled in.
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