• FOUNDING YEAR: 2012
    LOCATION:
    United States
    REGION:
    New Jersey
    Last Update:
    14 Feb, 2020

Description

FOCUS

PRODUCTS & SERVICES:
Its product offerings include: 1. Wealth Management and Advisory: It's brokerage platform empowers users to manage and understand their finance and investing basics. It offers real-time dollar-based investing & fractional share allocations. 2. Brokerage services: It offers real-time dollar-based investing & fractional share allocations. It enables users to invest in equities, regardless of stock price or deposit size.
REVENUE MODEL:
Viewable by subscribers only
EXISTING PARTNERSHIPS:
Wall Street Survivor, StockRadar, CQG, Direct FX, KnowVera
COMMENT
Provide investing and trading platform to access the US market

PEOPLE

MEDICI analysts will analyze DriveWealth soon

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$29.4 Millions
DATE OF LAST FUNDING:
Apr 2018
TOTAL FUNDING COMMENT:
The company is planning to use the fund for further positions the company to take a leading role in modernizing the infrastructure for the financial services ecosystem(April 2018).
SEED & PRIOR FUNDING:
$4 Millions
SEED CLOSED ON:
Mar 2012
FUNDING SERIES:
SERIES A
$4.4 Millions Closed: Apr 2015
SERIES B
$21 Millions Closed: Apr 2018
LISTED:
NO

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