Openfolio

wealthtech-retailfinancial research

STATUS: Acquired/Merged
FOUNDING YEAR: 2013
LOCATION: United States
Last Update: 17/07/2020

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About

Openfolio is a community-powered, portfolio sharing network. Users join and share their portfolios and allocations – stocks, bonds, mutual funds and other assets.

Focus

PRODUCTS & SERVICES

Consumer internet financial technology platform-Social investment networking ,data analysis & portfolio allocations The company was founded with the aim of helping people from the tricky concepts of personal investing by making them informed and active about the domain.

REVENUE MODEL

Openfolio offers free service

MAIN CLIENTS

Retail Investor

EXISTING PARTNERSHIPS

Robinhood

Yodlee Interactive

Coinbase

COMMENT

The site shows the performance only of the top performers and users can keep their portfolios private. Openfolio also captures information about famous investors, like Warren Buffet and Carl Icahn and deconstructs them so others can learn.

Traction

VALUATION / MARKET CAP:

$11.9 M in 2014

People

FOUNDERS

Hart Lambur

BOARD MEMBERS AND ADVISORS

Atul Joshi

NUMBER OF EMPLOYEES

1-10

INVESTORS:

Colin Corgan

FinTech Collective

Golden Apple Ventures

Marc Chodock

Rishi Patel

Momentum

FUNDED

YES

TOTAL FUNDING

$1.79 M

DATE OF LAST FUNDING

Nov 2015

TOTAL FUNDING COMMENT

An additional undisclosed amount was funded in Seed round.

SEED & PRIOR FUNDING

$1.79 M

SEED CLOSED ON

Sep 2014

LISTED

NO

BASICS

STATUS:

Acquired/Merged

FOUNDING YEAR:

2013

LOCATION:

United States

Views:

231 VISITORS | 367 VIEWS
LATEST FUNDING ROUND

$1.79 M

TOTAL EMPLOYEES
1-10

About

Openfolio is a community-powered, portfolio sharing network. Users join and share their portfolios and allocations – stocks, bonds, mutual funds and other assets.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

Focus+
Momentum+
Traction+
People+
Other+

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