# Bound

**Source:** https://www.startuphub.ai/startups/bound
**Profile type:** Startup

> Bound provides FX hedging tools to help businesses manage currency risk.

## About

Bound offers a suite of FX hedging tools designed to simplify and automate currency risk management for businesses. Their platform aims to make hedging accessible and efficient, allowing companies to protect themselves from adverse currency fluctuations.

## Key facts

- **Slug:** bound
- **Website:** https://www.bound.tech/
- **Location:** New York, United States
- **Founded:** 2021-01-01
- **Operating status:** Inactive
- **Total funding:** $25M
- **Sectors / tags:** Fintech, Payments, Embedded Finance, FX Hedging, Currency Risk Management, Enterprise Software, API Platform

## Frequently asked

### What does Bound do?

Bound offers a suite of FX hedging tools designed to simplify and automate currency risk management for businesses. Their platform aims to make hedging accessible and efficient, allowing companies to protect themselves from adverse currency fluctuations.

### What is Bound's revenue?

StartupHub estimates Bound's annual revenue at $8.9M (range $4.5M to $22.4M, 27% confidence), based on comparable companies in the sector.

### What is Bound's valuation?

StartupHub estimates Bound's effective valuation at $96.0M (range $61.3M to $147.0M, 22% confidence), based on comparable companies in the sector.

### How much funding has Bound raised?

Bound has raised a total of $25M in funding. The most recent round on record is Series A.

### Where is Bound headquartered?

Bound is headquartered in New York, United States.

### When was Bound founded?

Bound was founded in 2021.

### What industry does Bound operate in?

Bound operates in Fintech, Payments, Embedded Finance, FX Hedging, Currency Risk Management, Enterprise Software.

### What is Bound's current status?

Bound's current operating status is: Inactive.

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