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DriveWealth Stock
Brokerage Infrastructure
About DriveWealth Stock
DriveWealth is a digital trading technology company that allows companies to offer fractional trading services. DriveWealth’s mission is to democratize investing globally by working with partners to invent new ways to use its API-based technology and thereby provide emerging investors with embedded experiences, offer access to U.S. markets and the ability to begin investing.Through DriveWealth's technology platform, partners are able to offer branded investing experiences to their customers with a mission to drive customer acquisition, loyalty retention, and revenue growth.
DriveWealth was founded in 2012 and is headquartered in Jersey City, New Jersey. Notable investors include Accel, Insight Partners, Raptor Group, and Point72 Ventures.
Investors
Base10 Partners
Bienville Capital
Citi Ventures
Udaan, DriveWealth, Square, Roofstock, C2FO, HoneyBook, Cart.com, Harness, Socure, Betterment
Fenway Summer Ventures
Fidelity International
Insight Partners
DriveWealth, Sysdig, Recorded Future, Plume Design, Coda Payments, OneTrust, project44, SentinelOne, Dataiku, 6sense
Mouro Capital
Point72 Ventures
DriveWealth, Shield AI, MX Technologies, Credijusto, Tempo Automation, Nav, Bigeye, Unravel Data, Cloud9 Technologies, Fauna
Raptor Group
Route 66 Ventures
SBI Group
SenaHill Partners
Funding History
June 2015 | $8.3M |
---|---|
June 2015 | $8.3M |
December 2016 | $9.4M |
November 2017 | $29.2M |
July 2020 | $64.5M |
September 2021 | $285M |
September 2021 | $450M |
Management
Chief Executive Officer
Terry Angelos
Chief Financial Officer
Michael Dugan
Press
prnewswire - Feb, 7 2022
prnewswire - Nov, 22 2021
finance - Nov, 1 2021
finextra - Oct, 14 2021
thefintechtimes - Oct, 11 2021
mailchi - Aug, 28 2021
emrktr - Aug, 24 2021
finextra - Aug, 18 2021
finextra - Jul, 27 2021
spr - Jul, 27 2021
coinspeaker - Jul, 19 2021
finextra - Apr, 8 2021
spr - Apr, 8 2021
spr - Mar, 30 2021
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Some data provided by Crunchbase