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Financial Exchanges Financial Services North America Personal Finance

EquityBee Scoops Up $20M Series A Round

– EquityBee, a startup employees’ stock options funding solution, announces its Series A financing round, raising $20M to accelerate growth.
– The round is led by Group 11 with participation from Oren Zeev Ventures, Battery Ventures, and ICON Continuity Fund.
– The round brings EquityBee’s total funding to more than $28M.

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Angel Investment Banking Financial Exchanges Financial Services FinTech North America

Titan nabs $12.5M for ‘next generation’ investment management

– Titan, a startup that is building a retail investment management platform aimed at millennials, has closed on $12.5 million in a Series A round led by VC heavyweight General Catalyst.
– A bevy of other investors put money in the round, including Sound Ventures (actor Ashton Kutcher and Guy Oseary’s VC firm), Scribble VC, BoxGroup, Y Combinator, South Park Commons, Instagram founder Mike Krieger, Lee Fixel and others.
– Titan is hoping to build on the momentum it saw in 2020, during which it grew revenue, customers and assets under management by 600%, “with effectively no marketing budget, according to co-founder Joe Percoco. The New York-based company says it’s approaching $500 million in assets under management and was cash flow positive last year.

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Cryptocurrency Financial Exchanges Financial Services FinTech North America Trading Platform

Robinhood Raises $3.4 Billion in Funding

– Robinhood is a Menlo Park, California-based provider of an online trading app.
– The company raised $3.4bn in funding.
– The round was led by Ribbit Capital with participation from existing investors including ICONIQ Capital, Andreessen Horowitz, Sequoia, Index Ventures, and NEA.
– The new investment will be used to continue to invest in customer growth and build and enhance products that give more people access to the financial system.

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