7 Chord
- Company typePrivate
- Founded2017
- HeadquartersNew York, United States
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
7 Chord firmographics
Firmographics- Name
- 7 Chord
- Legal name
- 7 Chord, Inc.
- Website
- https://7-chord.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
7 Chord industry classification
Industry- Product category
- Fixed Income Trading Software
- NAICS
- Investment Banking and Securities Intermediation (523150), Software Publishers (5132)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211), Finance Services (6199)
- akta.pro primary industry
- Corporate Bond Trading Platforms (FSAFACAB)
- akta.pro secondary industry
- Municipal Bond Trading Platforms (FSAFACAC)
Keywords
Where 7 Chord is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
7 Chord business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Revenue model
- BondDroid Enterprise (Firmwide License): Annual firmwide license for the BondDroid Enterprise deployment installed behind the client's firewall. Clients use standard APIs to extract tradeable insights from their proprietary data. Revenue recognized as one-time/annual license with customization and professional services component.
- BondDroid Pro (Subscription): Subscription-based access to the real-time prediction stream hosted on 7 Chord's cloud infrastructure. Billed monthly at $4,500 per desk per month (billed annually). Includes curated public and vendor data. Separately managed custom versions powered by unique client datasets available for additional fee.
- BondDroid Data (Bulk Data): Historical AI-generated bond price data sold in bulk through Quandl. Includes BondDroid tick data with end-of-day tick history back to 2012. Available as a bundle with Pro subscription.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Annual | BondDroid Enterprise - Firmwide annual license with on-premise deployment behind client firewall |
| Subscription | Annual | BondDroid Pro - Cloud-hosted subscription with real-time predictions |
| Unit Pricing | Pay-as-you-go | BondDroid Data - Historical AI-generated bond prices in bulk |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
7 Chord product offering
Product offeringCore offering
7 Chord develops BondDroid, an AI-powered predictive pricing and trend forecasting platform for the corporate bond market. The platform deploys over 500 pricing bots—each representing a unique trading persona—to predict trade bid and ask levels for 30,000+ corporate bonds in real time. It is offered in three deployment tiers: BondDroid Enterprise (on-premise installation behind client firewall), BondDroid Pro (cloud-hosted real-time prediction subscription), and BondDroid Data (bulk historical AI-generated bond prices).
Product overview
7 Chord offers BondDroid, a unified AI-powered platform for bond market predictive pricing and trading intelligence. The core platform consists of BondDroid Auto-Pricer (AI price prediction for 30,000+ corporate bonds) and BondDroid Auto-Quoter (automated market making engine), with BondDroid Alpha (portfolio construction) in development. Three deployment tiers serve different client needs: BondDroid Enterprise (on-premise/firewall installation with proprietary data integration), BondDroid Pro (cloud-hosted subscription at $4,500/month per desk), and BondDroid Data (bulk historical data for research and analysis). The platform uses over 500 specialized pricing bots to deliver accuracy across market conditions.
Differentiator
Problem solved
Functional benefit
Brands
- BondDroid: AI-powered predictive pricing and trend forecasting system for corporate bonds. Includes BondDroid Auto-Pricer, BondDroid Auto-Quoter, and BondDroid Alpha.
Products and services
- BondDroid Auto-Pricer AI system that predicts trade bid and ask levels for 30,000+ corporate bonds with speed and precision, using over 500 pricing bots each representing a unique trading persona. Designed for institutional bond traders and asset managers.
- BondDroid Auto-Quoter Market making engine that automates quote generation for a single instrument or portfolio by adjusting BondDroid Auto-Pricer levels based on dealer's risk appetite and positioning. Enables automated response to inquiries with minimal human intervention.
- BondDroid Enterprise Fully customizable predictive pricing system installed behind client's firewall, with unlimited firmwide users, real-time frequency, FIX API delivery, standard APIs plus 3 custom APIs, and ability to use proprietary data alongside public/vendor data.
- BondDroid Pro Subscription to real-time prediction stream hosted on 7 Chord's cloud, with curated public and vendor data, up to 100 users, Python API, FTP delivery. Priced at $4,500 per month per desk, billed annually.
- BondDroid Data Institutional quality AI-generated bond prices available in bulk for backtesting trading strategies, risk management, quant analysis, and regulatory statistical analysis. Includes end-of-day tick data history back to 2012, distributed via Quandl and R API.
- BondDroid Alpha Bond portfolio construction tool that predicts bond prices over extended time horizons, identifies bonds fitting a certain investment thesis, and leverages AI for relative value analysis. Marked as Coming Soon on the website.
Quantifiable outcome
- Predicts trade bid and ask levels for 30,000+ corporate bonds with speed and precision impossible for humans to achieve
- +3 more outcomes
Companies that use 7 Chord
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles3 records
7 Chord technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
AI capability4 records
Feature6 records
7 Chord partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- NYU (Creative Destruction Lab - NYC)core7 Chord partnered with NYU through CDL-NYC at NYU's Stern School of Business, among only 8% of applicants accepted. The program focuses on deep tech ventures with scientific founders, providing mentorship, peer learning, and investor networks specific to AI and machine learning startups.
- BNP Paribasminor7 Chord participated as a speaker at BNP Paribas's AI and Machine Learning for Systematic Strategies conference. Over 95 attendees participated in the full-day agenda, with 7 Chord contributing industry expertise on AI-driven bond pricing.
- Moody's Analyticsminor7 Chord participated in FinTech Sandbox Demo Day 5.0 hosted at Moody's Analytics headquarters in New York's Financial District, pitching to investors and industry professionals.
- Barclays Accelerator (Techstars NYC)core7 Chord was among nine companies selected for the 2017 Barclays Accelerator, Powered by Techstars in NYC. Barclays' Credit business supported 7 Chord with product analysis to identify use cases for their predictive pricing and alpha signals tool. The 16-week program provided mentorship, product feedback, and investor Demo Day access.
- FinTech Sandboxcore7 Chord was selected to join the Boston Data Accelerator, FinTech Sandbox, which provides financial data and infrastructure to fintech startups. FinTech Sandbox welcomed 7 Chord as a resident of its six-month program, providing access to financial data and infrastructure critical for developing bond pricing AI.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
7 Chord competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Customer concentration
7 Chord social profiles
Digital presence7 Chord financial estimates
Financial estimateRevenue estimate
Valuation estimate
7 Chord leadership team
Management profileNumber of profiles
Profiles2 records
7 Chord funding detail
Funding detailFunding overview
Funding rounds7 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
7 Chord M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about 7 Chord
What does 7 Chord do?
7 Chord develops BondDroid, an AI-powered predictive pricing and trend forecasting platform for the corporate bond market. The platform deploys over 500 pricing bots—each representing a unique trading persona—to predict trade bid and ask levels for 30,000+ corporate bonds in real time. It is offered in three deployment tiers: BondDroid Enterprise (on-premise installation behind client firewall), BondDroid Pro (cloud-hosted real-time prediction subscription), and BondDroid Data (bulk historical AI-generated bond prices).
Is 7 Chord a public or private company?
7 Chord is a private company. It is classified as venture growth investor backed and is currently operating.
When was 7 Chord founded?
7 Chord was founded in 2017. It employs 1 to 10 people.
Where is 7 Chord based?
7 Chord is headquartered in New York, United States, in the North America region.
How does 7 Chord make money?
Three revenue lines are on record. BondDroid Enterprise (Firmwide License) is the primary driver. The others are bondDroid Pro (Subscription) and bondDroid Data (Bulk Data).
Does 7 Chord have an API?
Yes. BondDroid Enterprise includes standard APIs for extracting tradeable insights from proprietary data, plus 3 custom APIs. BondDroid Pro includes Python API access. BondDroid Data is available via Quandl and includes R API access. FIX API is available for Enterprise users. The Terms page describes BondDroid APIs as requiring contact with 7 Chord, Inc. for specification documentation, suggesting a partner/enterprise-facing API rather than fully public documentation.
What industry is 7 Chord in?
7 Chord's product category is Fixed Income Trading Software. Its primary akta.pro industry code is FSAFACAB, Corporate Bond Trading Platforms, with a secondary code of FSAFACAC, Municipal Bond Trading Platforms. Its NAICS code is 523150 and its SIC code is 6211.