GoCharting, a web-native multi-asset orderflow charting platform, has secured a significant growth investment from Long Ridge Equity Partners, a private investment firm specializing in financial technology. This strategic funding is coupled with the appointment of two industry veterans to its leadership team. Oleg Mukhanov, former CEO of TradingView, joins as President and Chief Operating Officer, while Salomon Sredni, former CEO of TradeStation Group, has been named Chairman of the board.
Fueling Global Expansion and Innovation
The new capital infusion is earmarked to accelerate GoCharting's strategic expansion plans, particularly within the United States and other key global markets. The company intends to deepen its suite of professional-grade products and fund continued innovation in AI-assisted trading workflows. This investment will empower the platform to enhance its offerings and solidify its position as a leading provider of advanced trading tools for a worldwide user base.
A Web-First Approach to Institutional Analytics
Founded in 2020 by Sushanta Deb and Ragunath Ramaswamy, GoCharting distinguishes itself by delivering institutional-grade orderflow analytics directly through a web browser. The platform eliminates the need for desktop installations, providing tools like footprint charts, market profiles, and depth-of-market trading. Serving over three million traders, it offers real-time futures data from major exchanges and integrates with brokers across the United States, Europe, and India.
CEO and Co-Founder Sushanta Deb explained that the platform originated from a set of open-source tools created to make institutional analytics accessible on the web. He noted that with the support of Long Ridge, the company is poised to deliver these powerful orderflow tools to every serious trader globally. This mission reflects the company's journey from a niche project to a platform trusted by millions for its sophisticated capabilities.
Investor Confidence in a Differentiated Platform
Long Ridge Equity Partners' investment underscores a strong belief in GoCharting's unique market position and growth potential. Jason Melton, a Partner at the firm, highlighted the increasing demand from active traders for institutional-grade tools, a trend they have observed in previous investments. He emphasized that GoCharting's passionate user community and its status as the only fully web-native orderflow platform were key factors in their decision.
Melton further praised the remarkable work of founders Sushanta and Ragu, expressing confidence that the new leadership additions will help establish GoCharting as the definitive platform for futures and options traders. Long Ridge sees the same successful DNA in the company that has defined other category leaders in the trading technology space. The firm is committed to providing strategic resources to help drive the company's profitable expansion.
Strengthening Leadership with Industry Titans
The appointments of Oleg Mukhanov and Salomon Sredni bring decades of specialized experience to GoCharting's executive team. Mukhanov previously led TradingView to record revenue and user growth, while Sredni has a long history of leadership, including his tenure as President and CEO of TradeStation Group. Their combined expertise is expected to be instrumental in guiding the company through its next phase of development and market penetration.
Oleg Mukhanov, the new President and COO, stated his conviction that GoCharting occupies a unique space by offering professional orderflow and DOM trading entirely in a browser. He believes the next generation of traders will demand these tools, positioning the company for significant success. As Chairman, Sredni will leverage his extensive background, which includes board service at NinjaTrader, to shape GoCharting's overarching strategy.
In conclusion, the growth investment from Long Ridge Equity Partners and the strategic addition of seasoned executives mark a pivotal moment for GoCharting. This combination of capital and expertise positions the company to scale its operations, enhance its innovative product suite, and meet the growing global demand for accessible, institutional-quality trading analytics. The move solidifies GoCharting's trajectory toward becoming an indispensable tool for serious traders around the world.