DRAFT

wealthtech (retail) | financial research

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107 VISITORS | 216 VIEWS

FOUNDING YEAR: 2014

LOCATION:

United States

REGION:

TX

Last Update:
18 Oct, 2019

Description

DRAFT allows consumer to compare their entire investment portfolio against others. DRAFT is an online portfolio management company that redefines how average investors access and allocate their investment accounts. Through a new proprietary platform using aggregation and crowd sourced technologies DRAFT provides investors the education and assurances they want in a new simple approach. This approach reduces the complexities of current online platforms and brings transparency to the impact that fees and diversification have on a long-term investment strategy.

FOCUS

PRODUCTS & SERVICES:

Portfolio Management DRAFT helps self-directed investors make smarter decisions by demystifying the complexities of investing and lowers the amount of fees investors pay while educating them on simpler ways to achieve investment goals.

REVENUE MODEL:

Viewable by subscribers only

MAIN CLIENTS:

Retail investors

EXISTING PARTNERSHIPS:

Morningstar, Yodlee,Ameritrade

COMMENT

It gives personalized DRAFT dashboard gives complete financial portrait—starting with your Investment Type,Historical Return, Asset Allocation, and Annual Investment Fees.

PEOPLE

FOUNDERS:

Brad Lawler, Jason Peter

Board Members and Advisors:

Ingrid Vanderveldt, Gary M Cadenhead

NUMBER OF EMPLOYEES:

1-10

TRACTION

VALUATION / MARKET CAP:

$4.33 MM in 2015

MOMENTUM

FUNDED:

YES

TOTAL FUNDING:

$650 K

SEED & PRIOR FUNDING:

$650 K

LISTED:

LATEST RESEARCH

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