Exponential Markets

Exponential Markets is a financial product innovation company that creates market-based risk management solutions and novel derivatives for new and underserved asset classes, with an initial focus on the automotive sector. The company's flagship product, the Exponential Used Vehicle Index (Bloomberg: AUTO), is the first tradable index for the automotive sector and serves as the underlying instrument for a planned range of derivatives contracts that allow rental car companies, auto insurers, and auto lessors to hedge used vehicle price risk. Formerly branded as Exponential Exchange, the company has raised over $10 million from investors including Citi, MaC Venture Capital, Autotech Ventures, and Avanta Ventures.