fundraising

Vest raises $13M to build a prop trading firm that profits when its traders do

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Vest Labs raised a $13 million pre-seed round that closed in July and was led by Portal Ventures, with angel backing from senior executives at Citadel Securities, BlackRock, and KKR. The company is building a prop trading firm whose model ties the firm’s success to trader performance.

Key claims & sources

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Vest is building a prop trading firm with a model that links the firm’s success to how its traders perform.
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Vest Labs raised $13 million in a pre-seed round that closed in July.
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Portal Ventures led the round, and senior executives from Citadel Securities, BlackRock, and KKR also invested.

What it means

For traders and people watching prop trading, this puts Vest’s model in view now because the firm is building around trader performance rather than the usual setup. That matters today to anyone deciding whether to engage with a prop firm that says its own outcome moves with trader results.

Market reaction i

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Coverage timeline

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Oct 7 13:45
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Oct 8 06:40
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