- TradingView is now valued at $3 billion after raising $298 million in a private offering.
- The technical analysis charting platform has seen a 400% surge in membership over the past 18 months.
- TradingView is popular with a new class of retail investors that have flooded the stock market since the start of the pandemic.
TradingView has completed a $298 million private funding round valuing the social charting platform a $3 billion valuation.
The funding round caps off an 18-month surge in growth since millions of retail investors flooded the stock market amid the COVID-19 pandemic and drove massive moves in “meme stocks” like GameStop and AMC Entertainment.
New memberships have surged 400% since the start of the pandemic, while visitors to the platform more than tripled. TradingView said it now has paying customers in more than 180 countries, a testament to the global reach of its charts.
“It doesn’t matter who you are, or where you’re from, you’ll always have access to the best tools and the best insights to find your right trading opportunities, then act on them,” TradingView CEO Denis Globa said.
The online charting platform allows users to apply various technical analysis tools to thousands of securities and cryptocurrencies, and then enables them to “publish” their work to the public that can be upvoted by users who like the chart.
The charting platform operates a freemium model that users can upgrade to Pro, Pro+, and Premium versions, which unlock different features and cost $15, $30, and $60 per month, respectively.
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