DriveWealth

DriveWealth is leader in global digital trading technology firm pioneering embedded finance, fractional investing in US equities, and API-driven brokerage infrastructure.

DriveWealth's mission to democratize investing in the U.S. stock market by making it available to everyone, globally, at an affordable cost.

DriveWealth was founded in 2012 by Robert Cortright. The company is headquartered in Chatham, New Jersey.

 

DriveWealth's unparalleled consultative support and cloud-based, industrial strength technology platform allow partners to seamlessly offer branded investing experiences to drive customer acquisition, loyalty, retention, and revenue growth.

 

DriveWealth provides emerging investors with cutting-edge embedded experiences, often first-time access to U.S. markets, and the ability to begin investing with as little as $1.

 

DriveWealth empowers more than 100 partners in 153 countries to engage their customers by placing the markets in the palm of their hand. Some of their partners are Revolut, Hatch, MoneyLion, Stake, and Avenue.

 

DriveWealth is backed by Insight Partners, Accel, Point72 Ventures, Greyhound Capital, Softbank Vision Fund 2, Fidelity International, SBI Holdings, Base 10, and others. The company raised $450M in Series D round on Aug 20, 2021. This brings DriveWealth's total funding to $536.1M to date. The new round valued the company at $2.85B post-money.

 

 

  • Year founded: 2012
  • Funding Info: $536.1M over 7 Rounds (Latest Funding Type: Series D)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: Valued at $2.85B as of August 20, 2021
  • City/Town: Chatham
  • State: New Jersey
  • Country: United States
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