FundedIQ
Commerce and Shopping

The Small Exchange: Funding, Investors & Team (Sep 2026)

The Small Exchange conducts more participants to financial markets with simpler and smaller futures products. The company creates a future exchange to execute the trading of proprietary products for all types of market participants, with a focus on the public retail customer. It enables traders access to exclusive products that will develop new trading opportunities for investors of all sizes. The Small Exchange was founded in 2017 and is based in Chicago, Illinois.

www.thesmallexchange.com LinkedIn Chicago, United States 11-50 employees
Finance Financial Services Product Research Retail Service Industry Trading Platform
Total raised
$9.0M
Rounds
2
Latest
Undisclosed round
Nov 2021

The Small Exchange has raised $9.0M across 2 funding rounds on record, the most recent an undisclosed round of $5.0M announced in Nov 2021.

That round is above the $3.4M median round size for Commerce and Shopping companies tracked on FundedIQ over the last two years.

The Small Exchange Company Profile and Key Stats

Total funding raised
$9.0M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$5.0M in Nov 2021
Employees
11-50
reported band
Headquarters
Chicago, United States

Latest funding round on record: Nov 2021.

The Small Exchange Funding Rounds

Date
Round
Amount
Undisclosed round
$5.0M
Undisclosed round
$4.0M

The Small Exchange raised $4.0M in an undisclosed round announced in Jun 2020.

1.4 years later, an undisclosed round of $5.0M was announced in Nov 2021.

The Small Exchange Founders and Leadership Team

Name
Role
Contact
Donald Roberts
CEO
Locked

Contact details for the The Small Exchange team: 1 of 1 has an email address on file.

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The Small Exchange Funding Compared to Other Commerce and Shopping Startups

Segment
Companies
Median round

The Small Exchange's latest round of $5.0M is above the median round in Commerce and Shopping. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like The Small Exchange in Commerce and Shopping and Chicago

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The Small Exchange Funding FAQs

What does The Small Exchange do?

The Small Exchange conducts more participants to financial markets with simpler and smaller futures products. The company creates a future exchange to execute the trading of proprietary products for all types of market participants, with a focus on the public retail customer. It enables traders access to exclusive products that will develop new trading opportunities for investors of all sizes. The Small Exchange was founded in 2017 and is based in Chicago, Illinois.

How much funding has The Small Exchange raised?

The Small Exchange has raised $9.0M across 2 rounds on record. The most recent is an undisclosed round of $5.0M announced in Nov 2021.

When did The Small Exchange last raise funding?

The Small Exchange's most recent funding round on record is an undisclosed round of $5.0M, announced in Nov 2021.

Who is the CEO of The Small Exchange?

Donald Roberts is listed as CEO at The Small Exchange.

Where is The Small Exchange headquartered?

The Small Exchange is based in Chicago, Illinois, United States.

How many employees does The Small Exchange have?

The Small Exchange is in the 11-50 employee band.

How does The Small Exchange's funding compare to other Commerce and Shopping startups?

The Small Exchange's latest round of $5.0M is above the $3.4M median round size for Commerce and Shopping companies on FundedIQ across 3,501 tracked companies over the last two years.

About FundedIQ's The Small Exchange 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 The Small Exchange is left off this page rather than filled in.

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