SUMO
- Company typePrivate
- Founded2007
- HeadquartersKensington, Australia
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
SUMO firmographics
Firmographics- Name
- SUMO
- Legal name
- SUMO
- Website
- https://sumo.co
- Company type
- Private
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
SUMO industry classification
Industry- Product category
- Proprietary Trading Platform
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231), Securities and Commodity Exchanges (5232), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Institutional Multi-Asset Trading Platforms (OTC/RFQ) (FSAFAEAB)
Keywords
Where SUMO is headquartered
LocationHeadquarters
- HQ city
- Kensington
- HQ country
- Australia
- HQ region
- Oceania
Offices4 records
Markets served
SUMO business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations
Marketing channels1 record
SUMO product offering
Product offeringCore offering
SUMO is a multi-strategy, multi-asset trading firm that equips professional traders with a proprietary, highly customizable and scalable trading platform, capital allocation, and risk management support. The firm partners with experienced traders, emerging managers, and algorithmic strategy developers to execute trading across all asset classes.
Product overview
Sumo is a multi-strategy multi-asset trading firm founded in 2007 that operates a single unified proprietary trading platform. The platform is positioned as a highly customizable and scalable solution designed to meet the complex needs of professional traders, emerging managers, and algorithmic strategy developers. The firm takes a partnership-first approach, providing traders with technological infrastructure, capital access, and risk management resources.
Differentiator
Problem solved
Functional benefit
Products and services
- Sumo Trading Platform A proprietary multi-asset trading platform described as the world's most custom and scalable solution, enabling professional traders, emerging managers, and algorithmic strategy developers to execute strategies across all asset classes with technological infrastructure, risk management, and capital support from Sumo.
Companies that use SUMO
Customer profileSegments3 records
Ideal customer profiles3 records
SUMO technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
SUMO partnerships and signals
Strategic signalScale indicators2 records
Recent moves3 records
Expansion highlights4 records
SUMO competitors and assessment
Company assessmentBroad incumbents
- Jane Street: Major global proprietary trading firm and market maker in equities, ETFs, options, and fixed income — significantly larger and more diversified than Sumo but operates the same fundamental business model.
- Citadel Securities: One of the largest global market makers and proprietary trading firms, operating across virtually all asset classes — comparable multi-asset scope though vastly larger scale than Sumo.
- Hudson River Trading: Quantitative proprietary trading firm using algorithmic strategies across multiple asset classes — comparable algorithmic trader focus and proprietary platform model, though significantly larger scale.
- DRW Trading: Large, established proprietary trading firm operating across multiple asset classes and strategies globally — broader portfolio and deeper capital base than Sumo but highly comparable multi-strategy, multi-asset approach.
Direct peers
- Akuna Capital: Proprietary trading firm focused on options, equities, and digital assets with proprietary technology infrastructure and a partnership approach for trading talent — closely aligned with Sumo's value proposition.
- Optiver: Global multi-asset proprietary trading firm operating across options, equities, fixed income, and ETFs with proprietary technology and capital allocated to in-house traders — directly comparable business model to Sumo.
- IMC Financial Markets: Global market maker and proprietary trading firm providing liquidity across multiple asset classes via proprietary technology and a partnership model with traders — comparable scale and multi-strategy positioning to Sumo.
- Wolverine Trading: Proprietary trading firm providing capital and technology to traders across multiple asset classes including options, equities, and futures — similar partnership-first model and mid-sized scale to Sumo.
- Maven Securities: Proprietary trading firm providing capital and technology infrastructure to traders across multiple asset classes — comparable mid-sized prop trading model to Sumo.
Emerging players
- All Options: Proprietary options market-making firm with technology and capital allocated to traders — narrower asset class focus than Sumo but comparable mid-sized prop trading business model.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
SUMO social profiles
Digital presenceSUMO financial estimates
Financial estimateRevenue estimate
Valuation estimate
SUMO leadership team
Management profileNumber of profiles
Profiles2 records
SUMO funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SUMO 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 SUMO
What does SUMO do?
SUMO is a multi-strategy, multi-asset trading firm that equips professional traders with a proprietary, highly customizable and scalable trading platform, capital allocation, and risk management support. The firm partners with experienced traders, emerging managers, and algorithmic strategy developers to execute trading across all asset classes.
Is SUMO a public or private company?
SUMO is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was SUMO founded?
SUMO was founded in 2007. It employs 11 to 50 people.
Where is SUMO based?
SUMO is headquartered in Kensington, Australia, in the Oceania region.
Who are SUMO's main competitors?
Broad incumbents on record are Jane Street, Citadel Securities, Hudson River Trading and DRW Trading. Direct peers are Akuna Capital, Optiver, IMC Financial Markets, Wolverine Trading and Maven Securities. All Options is listed as an emerging player.
Does SUMO have an API?
No public API is recorded for SUMO.
What industry is SUMO in?
SUMO's product category is Proprietary Trading Platform. Its primary akta.pro industry code is FSAFAEAB, Institutional Multi-Asset Trading Platforms (OTC/RFQ). Its NAICS code is 5231 and its SIC code is 6200.