Bound Rates, Inc.
San Francisco, US · Founded 2021 · Delaware corporation · 1 known investors
Bound Rates is a San Francisco-based financial technology company offering currency hedging and FX risk management tools.
Also known as Bound · Bound Rates Inc
Founders & leadership
Board
Investors · 1
Reported raises · per SEC filings
Form D private placements$14M disclosed across 2 rounds · 2021–2022
▶$10MraisedJun 2022 · 6 investors · Other TechnologyRule 506(b)
- Mattias LjungmanDirector
- Daniel KindlerExecutive Officer, Director
- Seth Michael PhillipsExecutive Officer, Director
- Offering amount
- $12M
- Amount sold
- $10M
- First sale
- Jun 2022
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
▶$4MraisedJul 2021 · 11 investors · Other TechnologyRule 506(b)
- Mattias LjungmanDirector
- Seth Michael PhillipsExecutive Officer, Director
- Daniel KindlerExecutive Officer, Director
- Offering amount
- $4M
- Amount sold
- $4M
- First sale
- Jul 2021
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026Bound Rates, Inc. is a financial technology company that provides currency hedging and foreign exchange risk management solutions. Its offering includes automated currency conversion, risk management tooling, and regulated investment products aimed at businesses and their finance functions.
The company is registered at 2261 Market Street #4375, San Francisco, California, and is classified under the "Other Technology" industry in its securities filings.
Business model
The company supplies FX risk management and currency conversion products, including regulated investment products, to business customers rather than consumers.
▸Full profile — technology, go-to-market, geography
Technology
Automated currency conversion and hedging tooling used to manage foreign exchange exposure.
Go-to-market
Fast-growing businesses and their finance teams.
Geography
Serves customers in North America, Europe and the United Kingdom, from a San Francisco, California base.
Compiled by commissioned research from 5 cited public sources — announcements, filings, and press listed under research sources below.
Timeline · 2
launches, deals, and filingsA new Form D filing dated 2022-06-17 reported $10,000,000 of equity sold, all incremental cash, claiming exemption 06b.
$10M source ↗
A new Form D filing dated 2021-07-15 reported $3,999,999 of equity sold.
$4M source ↗
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
Legal entities · 1
corporate structure▸Research sources · 5
primary sources listed
- Bound Rates, Inc. - fund raising filingformds.com · web
5 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Bound Rates, Inc. do?
- Bound Rates is a San Francisco-based financial technology company offering currency hedging and FX risk management tools.
- Who are Bound Rates, Inc.'s investors?
- Bound Rates, Inc.'s investors include Moonfire Ventures.
- How much funding has Bound Rates, Inc. raised?
- Bound Rates, Inc. has disclosed $14M raised across 2 rounds.
- Where is Bound Rates, Inc. headquartered?
- Bound Rates, Inc. is headquartered in San Francisco, US.