Bound

meet your fx copilot

London, United Kingdom · Founded 2020 · $31.0M raised

Headquarters
London
Employees
11–50
Founded
2020
Business Model
B2B
Website
bound.co
Total Funding
$31.0M
Last Round
$24.5M Series AFeb 2026
Rounds
2

About

Bound is a best-in-class FX risk management platform designed to make currency hedging simple, flexible, and transparent for businesses of all sizes. Founded in 2020 by Seth M. Phillips and Dan Kindler, Bound provides automated hedging strategies including ranging (keeping exchange rates inside a protected range), averaging (smoothing out exchange rate peaks and valleys), and forwarding (locking in rates for future transactions). The platform integrates with Revolut, Xero, NetSuite, QuickBooks, Stripe, Google Sheets, and bank feeds to give finance teams full visibility and control over their foreign currency exposure. Bound replaces lengthy broker calls and manual FX processes with smart automation, pay-as-you-go transparent pricing, and on-demand FX experts — helping customers reduce FX risk by an average of 83.79% and save 13.5 hours per month. Headquartered in London, England and regulated by the Financial Conduct Authority, Bound serves over 200 fast-growing companies and raised $24.5 million in a Series A round led by AlbionVC in February 2026.

Summary

Bound is a Compliance company based in London, United Kingdom, founded in 2020. It has raised $31.0M in total across 2 rounds, most recently a $24.5M Series A round in Feb 2026. Investors include AlbionVC, GoHub Ventures and Notion Capital.

Tech & App Stack

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Funding History

Series ASeries AFeb 2026
$24.5M

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Seed through Series A — per-round amounts, valuations, and who invested in each round.

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