Cicada Securities LLC

Based in Connecticut, US, and founded in 2021, Cicada is a financial technology company building financial infrastructure for capital markets. The company was founded by a former Morgan Stanley's debt capital market team member, Javier Hernandez, an experienced trader, Manuel Ballesteros, and Ignacio Tovar, a product manager. The current usership of the company's product is focusing on Latin America. In February 2026, Cicada Securities LLC raised USD 13.

5 million in series A funding led by Citi Private Advisory, with participation from DILA Capital and Kaszek Ventures, Crestone Venture Capital, and L4 Venture Builder. The company's main product is a bond trading platform for financial backgrounded users who focuses on global emerging markets. The platform has three aspects of features -- individual security screens which works as a bond monitor, RFQ manager which works as a request/quote mailbox, and cicada vision which provides bigger picture of the bond market. The company plans to use the February 2026 funding to scale its electronic trading platform, anchor liquidity through committed market makers, and expand local‑currency bond trading to additional Latin American markets.