What Peak 6 does

PEAK6 Investments LLC is a privately held, diversified fintech operating company founded in 1997 by Jenny Just and Matt Hulsizer with $1.5 million in seed capital, originally established as a proprietary equity options trading firm after the founders left O'Connor and Associates. Over nearly three decades, it has grown into a multi-billion dollar enterprise organized around two core divisions: PEAK6 Capital Management, which accumulates and manages long and short options contracts to provide liquidity for institutional market participants, and PEAK6 Strategic Capital, which deploys permanent capital across a portfolio of 65+ investments independent of fundraising cycles.

The technology backbone is Apex Fintech Solutions (acquired in 2012 from the near-bankrupt Penson Financial Services), a B2B fintech infrastructure platform providing clearing, custody, APIs, and digital tools to more than 200 wealth management and brokerage clients including Robinhood, SoFi, and Betterment. Apex's AscendOS platform and the Monark Alts Marketplace enable API-based integration of brokerage, wealth management, and alternative investment capabilities. Bruce Markets operates an institutional-grade alternative trading system for overnight U.S. equities trading, built on Nasdaq technology and launched in March 2025 after regulatory approval. The company maintains a portfolio of operating subsidiaries spanning insurance technology (We Insure, Focus, National Flood Services), consumer financial education (Zogo with 2M+ users), esports (Evil Geniuses), and life-skills platforms (Poker Power).

Revenue is generated through five distinct streams: transaction-based proprietary trading at PEAK6 Capital Management, recurring subscription revenue from Apex's B2B fintech infrastructure, subscription revenue from insurance products, subscription revenue from the Evil Geniuses esports franchise, and freemium revenue from Zogo. Distribution is multi-channel: direct institutional sales for trading operations, embedded OEM/white-label B2B infrastructure via Apex for fintech partners, and financial institution partnerships for consumer products. The company is headquartered in Austin, Texas (relocated from Chicago in January 2025) with 16 locations globally, including offices in Belfast, Budapest, and Manila supporting both trading and engineering functions.

Name

Peak 6

Legal name

PEAK6 Investments LLC

Website

https://peak6.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

PEAK6 Investments is a privately held fintech operating company providing proprietary options trading, B2B clearing and API infrastructure (via Apex Fintech Solutions), insurance technology, and consumer financial education, serving institutional market participants, 200+ fintech platforms, and consumers across 16 global locations.

Ownership category

akta.pro rank

Product category

Fintech Infrastructure

NAICS

Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Securities and Commodity Exchanges (5232), Portfolio Management and Investment Advice (523940)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Investment Advice (6282)

akta.pro primary industry

Equities Trade Execution Platforms (ATS/MTF/ECN) (FSAFANAA)

akta.pro secondary industries

Financial Services / Fintech Growth Equity (FSANACAE), Execution-Only / Self-Directed Investing Platforms (FSAAAAAI)

Keywords

• Options trading
• Fintech infrastructure
• Proprietary trading
• Wealth management platform
• Digital brokerage

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices13 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Proprietary Trading: PEAK6 Capital Management generates revenue through proprietary trading operations in options and other financial instruments
2. Fintech Infrastructure Services (Apex): SaaS-based fintech infrastructure provided to broker-dealers and wealth management firms through Apex Fintech Solutions
3. Insurance Products: Revenue from We Insure subsidiary offering insurance products
4. Esports Operations: Revenue from Evil Geniuses esports franchise operations
5. Financial Education Platform: Zogo app provides financial education with freemium model; Poker Power builds financial skills through gaming

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

Peak 6 is a fintech operating company that runs a proprietary equity options trading business (PEAK6 Capital Management) and an investment arm (PEAK6 Strategic Capital), while operating portfolio companies that deliver fintech infrastructure (Apex Fintech Solutions — clearing, custody, APIs powering 200+ wealth and brokerage clients), insurance technology (We Insure, Focus), financial education (Zogo), and esports (Evil Geniuses). Its flagship offering is the Apex Fintech Solutions B2B infrastructure platform that enables fintech companies, broker-dealers, and wealth management firms to launch and scale brokerage, custody, and trading products.

Product overview

PEAK6 is a diversified fintech operating company that evolved from a proprietary equity options trading firm (PEAK6 Capital Management) into a multi-brand portfolio. The company operates through two main divisions: PEAK6 Capital Management (core trading) and PEAK6 Strategic Capital (investment arm), alongside multiple portfolio companies including Apex Fintech Solutions (fintech infrastructure platform), Bruce Markets (overnight equities ATS), and lifestyle brands like Poker Power, Zogo, We Insure, Focus, and Evil Geniuses. The ecosystem is connected through shared technology infrastructure, API platforms, and strategic capital deployment.

Differentiator

Problem solved

Functional benefit

Brands

• PEAK6 Capital Management: Proprietary equity options trading and liquidity management firm.
• PEAK6 Strategic Capital
• Apex Fintech Solutions
• Poker Power
• We Insure
• Zogo
• Focus
• Evil Geniuses
• Bruce Markets

Products and services

• PEAK6 Capital Management Proprietary equity options trading business that strategically accumulates and manages long and short options contracts to provide liquidity for institutional market participants, using top technologists, engineers, and traders.
• PEAK6 Strategic Capital Investment arm that deploys permanent capital into innovative, transformative companies, partnering with founders and operators to grow businesses, with a portfolio spanning 65+ capital investments.
• Apex Fintech Solutions B2B fintech infrastructure platform providing clearing, custody, APIs, and digital tools that power 200+ wealth management and brokerage clients, including sub-brands Apex Clearing, Apex Pro, Apex Crypto, Apex Advisor Solutions, Apex Silver, and Apex CODA Markets.
• Poker Power Life skills platform that uses poker-inspired modules and interactive experiences to teach risk assessment, decision-making, confidence, and negotiation skills for professional and personal development.
• We Insure Insurance technology platform designed to democratize access to insurance coverage, offering simplified solutions for extreme weather, unexpected disasters, and other consumer risks across U.S. states and cities.
• Zogo Gamified financial education app with 2M+ users and 250+ partners that turns financial literacy into bite-sized learning modules with rewards, designed to be embedded by financial institutions to drive engagement and loyalty.
• Focus Property & Casualty insurance technology and services platform providing the InFOCUS cloud-based core administration and underwriting system, plus Insurance Services teams for end-to-end underwriting, customer, agent, and claims support for P&C insurers and MGAs.
• Evil Geniuses Professional esports organization competing in the VALORANT Champions Tour International League and other competitive titles, with data-driven talent development and purpose-driven competitive focus.
• Bruce Markets (Bruce ATS) Institutional-grade Alternative Trading System (ATS) for overnight U.S. equities trading, built on Nasdaq technology with continuous deep liquidity to support brokers and investors in the overnight trading ecosystem.

Quantifiable outcome

• Multiple portfolio companies achieving scale including Apex Fintech Solutions serving major fintech platforms

Named customers7 records

Segments3 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability7 records

Feature2 records

Scale indicators5 records

Recent moves8 records

Expansion highlights7 records

Direct peers

• TradeStation: Active-trader brokerage and fintech infrastructure provider with technology-emphasis — comparable to Apex's focus on active traders and broker-dealer technology services.
• Citadel Securities: Institutional market maker across equities, options, and ETFs — a leading competitor to PEAK6 Capital Management in U.S. options market making and liquidity provision.
• Susquehanna International Group (SIG): Large privately held proprietary trading firm with options market-making, equity trading, and diversified fintech/venture investments — the closest structural analogue to PEAK6's combination of Capital Management, Strategic Capital, and operating subsidiaries.
• IMC Financial Markets: International proprietary trading firm specializing in options market making — a peer in PEAK6 Capital Management's core options liquidity provision business.
• DRW Trading: Diversified proprietary trading firm operating across multiple asset classes with proprietary technology — comparable to PEAK6's mix of options trading, fintech operating businesses, and venture investing.
• Optiver: Global proprietary options market maker with deep technology focus — directly comparable to PEAK6 Capital Management's options-centric trading model and engineering culture.
• Marqeta: Public B2B fintech infrastructure provider powering card issuance and embedded finance for fintech platforms — directly comparable to Apex Fintech Solutions' B2B infrastructure model serving broker-dealers and wealth platforms.
• Jane Street: Global proprietary trading firm specializing in equities and options market making, with a strong technology and engineering culture — directly comparable to PEAK6 Capital Management's options market-making and tech-led approach.

Broad incumbents

• Charles Schwab: Mass-affluent wealth management and brokerage incumbent — a large established player in the segments where Apex's wealth-management platform clients (Betterment, etc.) operate.
• Interactive Brokers: Large established electronic brokerage and execution platform — a broader incumbent in the self-directed trading space where Apex provides infrastructure for competing platforms.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/peak6-investments

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Investments49 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Peak 6