AllTick Secures $2 Million in Seed Funding to Expand Into Retail Quant Market

SINGAPORE, May 15, 2025- Just weeks after reporting explosive first-quarter growth, Singapore-based market data startup AllTick has announced the successful closing of a $2 million USD seed funding round, led by early-stage venture capital firm Vertex Frontier Fund, known for backing high-performance fintech and infrastructure startups across Asia.

The round also saw participation from several prominent angel investors in the trading and data infrastructure space, including Jonathan Ng, former CTO of a leading Southeast Asian securities exchange, and Elena Zhou, partner at quant-focused hedge fund Deltagrid Capital.

AllTick, which specializes in real-time, high-frequency financial market data APIs, has gained rapid traction among institutional clients since its launch in 2022. According to CEO Kevin Tan, over 90% of the company's current revenue is derived from B2B clients, such as online trading platforms, exchanges, and algorithmic trading firms.

"This funding marks a turning point for us," said Kevin Tan in an interview. "We've built a solid foundation serving institutional clients. Now, we want to bring the same high-quality infrastructure to the retail quant trading community - students, indie developers, and startup quants who are often overlooked by legacy data providers."

The capital will be used primarily to build a suite of developer-friendly tools tailored for retail users, including a web-based strategy backtester,low-cost personal data plans, and an AI-powered analytics assistant that helps traders visualize trends and detect anomalies in real time.

"We believe that quantitative trading shouldn't be reserved for hedge funds with billion-dollar budgets," said Chen Li, General Partner at Vertex Frontier Fund. "AllTick's mission to democratize access to market data aligns with our vision of building an open, intelligent financial ecosystem."

AllTick also announced that it is launching a new beta program in June for a product code-named AllTick Studio, a lightweight cloud-based IDE for backtesting and running trading strategies using live market data. Over 1,200 individuals from the waitlist have already signed up.

Among the beta testers is Takuya Watanabe, a Tokyo-based software engineer who trades equities part-time:

"I've been using AllTick's institutional-grade data through an indirect partner. The idea that I can get direct, real-time access as a solo quant is game-changing. I signed up for the beta within five minutes of seeing the announcement."

In preparation for its retail push, AllTick is also planning to launch a community knowledge base, host monthly strategy-building webinars, and release open-source SDKs for Python, Rust, and JavaScript - further lowering the technical barrier to entry for aspiring quants.

The company remains laser-focused on performance and reliability. AllTick recently added four new data centers globally and is currently pursuing SOC 2 Type II and ISO 27001 certifications.

"Retail quants deserve tools that are as fast and secure as what hedge funds use," Kevin Tan emphasized. "With this funding, we're going to make that possible."

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AllTick is a Singapore-based fintech startup providing high-frequency, real-time market data via API. The platform supports equities, forex, crypto, and commodities, and serves over 200 institutional clients globally. AllTick is committed to building the core infrastructure for next-generation algorithmic trading - for professionals and individuals alike.

This release was published on openPR.