tastytrade, Inc., a Chicago, IL-based innovative financial media company and parent to financial subsidiaries, raised $20m in funding.
TCV made the investment.
The company intends to use the funds to expand its product offerings for retail, self-directed investors.
Led by Kristi Ross, co-CEO and President, and Tom Sosnoff, co-CEO and Chairman, tastytrade is an online financial network, engaging investors and traders across 165 countries with 8 hours of daily, live, cost-free and commercial free programming with almost 100 million hours viewed.
tastytrade offers over 50 original segments for new and seasoned veteran traders. Its research-based content teaches a logical, mechanical approach to investing and identifying opportunities based on probability and volatility.
tastytrade is also the parent company to tastyworks, a brokerage firm for the do-it-yourself investor and to Quiet Foundation, a data science-driven, fee-free investment advisory service.