MarketRiders, Inc.

MarketRiders, Inc. (Acquired/Merged)

  • FOUNDING YEAR: 2008
    LOCATION:
    United States
    REGION:
    California
    Last Update:
    27 Dec, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Automated portfolio management platform for retail investors. It offers Do it yourself investing(DIY) software for users to make it simple and easy to do their retirement investments.
REVENUE MODEL:
Viewable by subscribers only
EXISTING PARTNERSHIPS:
Partnered with brokerage firms Fidelity, Firstrade, Schwab, Scottrade, TD Ameritrade, and Vanguard
COMMENT
MarketRiders system which tracks the portfolio, updating prices daily, and sends email alerts for periodic rebalancing.

PEOPLE

FOUNDERS:
Ryan Pfenninger, Mitch Tuchman, Stephen Beck
NUMBER OF EMPLOYEES:
11-50
INVESTORS:
Mitch Tuchman, Stephen Beck (Founders)

TRACTION

VALUATION / MARKET CAP:
$1.3 MM in 2015
TRANSACTIONS VALUE:
$5 Billions

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$200 K
SEED & PRIOR FUNDING:
$200 K
SEED CLOSED ON:
Jan 2008
LISTED:
NO

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