BestEx Research
BestEx Research sells algorithmic trading tools for equities, futures and FX to institutional investors. The 58-person firm has raised $17M, including a Series B in 2023 from investors like Quadrature Capital.
The growth story
BestEx Research grew from 11 to 58 employees between 2022 and 2026, raising $17M along the way, most recently a Series B in March 2023.
About
BestEx Research provides execution algorithms and a cloud-based platform for institutional traders to manage orders, analyze transaction costs, and reduce execution expenses. Its system integrates with existing workflows via direct access or SaaS models, targeting buy- and sell-side financial firms.
The company has grown to 58 employees since its 2017 founding, backed by $17M in funding. Its Series B round closed in March 2023 with participation from quantitative-focused investors like Quadrature Capital.
Founders and leadership
Engineering dominates BestEx's workforce with 21 employees, reflecting its algorithmic trading focus. Leadership appears lean with a median tenure of 2 years across the organization.
The BestEx Research org chart
Hitesh Mittal (Founder & CEO) leads 18 mapped leaders with 7 direct reports. Click +N to expand a team; names link to the person’s public profile.
Departments, and which ones grew
Headcount by function: Engineering 22 (+16% YoY), Finance 11 (+57% YoY), Business Development 5 (-37% YoY), Operations 4 (+100% YoY), Product Management 3 (+50% YoY).
Talent flow
BestEx recruits heavily from trading firms like ITG (5 hires) and AQR Capital (3). Alumni scatter to diverse destinations including Google and fintech startups, with no single dominant pattern.
Most common previous employers of BestEx Research staff: ITG (5), AQR Capital Management (3), Kefas Softwares (3), Merrill Lynch (2), eClerx (2), Credit Suisse (2). Former BestEx Research employees most often moved to Google (2), Arcana (1), Asaply (1), Boyden (1), Clear Street (1), PLASMA (1).
Alumni worth knowing
Hiring now
Web traffic
Traffic mix: 0% direct, 0% search, 0% social, 0% paid.
What this company is made of
Most common skills at BestEx Research: Python (Programming Language) (34), C++ (25), C (Programming Language) (19), SQL (16), Java (15), Data Structures (15), Communication (15), PostgreSQL (15).
Where the team actually sits
BestEx Research people are concentrated in Karnataka, India (15), Maharashtra, India (5), New York, United States (5), Kerala, India (4).
Search footprint
BestEx Research attracts about 119 organic search visits a month, traffic worth roughly $1K a month if bought through ads. It gained 26 ranking keywords and lost 7 in the last period.
What employees say
- Compensation
- 3.10 / 5
- Career opportunities
- 3.40 / 5
- Senior management
- 3.20 / 5
- Work-life balance
- 2.70 / 5
Frequently asked
BestEx Research has 58 employees as of September 2026.
BestEx Research has raised $17M in total, most recently a Series B round in March 2023.
BestEx Research was founded in 2017 by Hitesh Mittal.
Hitesh Mittal (Founder & CEO) sits at the top of BestEx Research's reporting structure, with 7 direct reports.
The most common previous employers of current BestEx Research staff are ITG (5 people), AQR Capital Management (3 people), Kefas Softwares (3 people).
Former BestEx Research employees most often move to Google (2), Arcana (1), Asaply (1).
BestEx Research attracts about 119 organic search visits a month, worth roughly $1K a month in equivalent ad spend.
The most common skills among BestEx Research staff are Python (Programming Language), C++, C (Programming Language), SQL, Java.
BestEx Research staff are concentrated in Karnataka, India (15), Maharashtra, India (5), New York, United States (5).
BestEx Research has about 22 people in Engineering, up 16% over the past year, as of September 2026.
BestEx Research has about 11 people in Finance, up 57% over the past year, as of September 2026.
Computed from 45 current and 41 former BestEx Research profiles, as of September 2026. Source: Crustdata.
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