Simply Wall St

wealthtech-retailfinancial research

FOUNDING YEAR: 2014
LOCATION: Australia
Last Update: 17/07/2020

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About

Simply Wall St is a provider of mobile applications for investors to invest in the stock market. The company develops a digital platform that offers graphical interpretation and infographics of livestock data allowing users to make informed decisions giving access to institutional quality data and analysis. Recently, the company won as best data visualization solution for the citi mobile challenge in 2015.

Focus

PRODUCTS & SERVICES

Data visualization solution platform for trading. It is a visual information and analytics platform for stock & financial market data helps investors to understand the trading market.

REVENUE MODEL

The company follows monthly based subscription model. They have limited free plan for learner but charges $115 billed yearly or $10 per month from investor.

MAIN CLIENTS

Small business

Traction

VALUATION / MARKET CAP:

$2.95 M in 2015

TRANSACTIONS COMMENT:

Over the past year the company’s user base has grown from 25,000 to roughly 100,000 (June 2017)

ACTIVE USERS:

20000

ACTIVE USERS COMMENT:

In Beta phase started with 11,000 users. 2000 paid users from its 80,000 free accounts (up from 20,000 in 2015).

People

FOUNDERS

Al Bentley

Nick van den Berg

BOARD MEMBERS AND ADVISORS

Toby Heap

Michael Quinn

NUMBER OF EMPLOYEES

1-10

INVESTORS:

Artesian Capital Management

Artesian VC

AWI Ventures

Citi Mobile Challenges

H2 Ventures

HNI Clientele

Perle Ventures

KEY EMPLOYEES:

Alistair Bentley(CEO); Adam Hejl(CMO)

Momentum

FUNDED

YES

TOTAL FUNDING

$4.38 M

DATE OF LAST FUNDING

Jun 2017

SEED & PRIOR FUNDING

$535.63 K

SEED CLOSED ON

Aug 2015

SEED PRIOR FUNDING COMMENT

Cumulative funding indicated

FUNDING SERIES

SERIES A  · $1.8 M  · Jun 2017

OTHERS  · $2.05 M · Jun 2017

LISTED

NO

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