M1 Finance

M1 Finance is an automated money management platform that offers investing, borrowing, and banking products.

M1 Finance helps you manage and grow your money in smart, easy, personalized ways.

M1 Finance was founded in 2015 by Brian Barnes. The company is headquartered in Chicago, Illinois. 

M1 Finance's mission is to build a platform that offers personalized financial automation.

M1 Finance currently offers three products: M1 Invest, its original investment product, M1 Borrow, which lets account holders borrow against their accounts, and M1 Spend, a checking account and debit card.

 

M1 Finance has built the premier personal finance platform that combines the best of digital investing, borrowing, and banking, and have done so on relatively little funding. By combining investing, cash management, and portfolio lines of credit, M1 provides hundreds of thousands of people with choice and control over their money.

 

M1 Finance is backed by Left Lane Capital, Jump Capital, Clocktower Technology Ventures and others. The company raised $33M in Series B round on June 09, 2020. This brings M1 Finance's total funding to $53.2M to date.

 

 

  • Year founded: 2015
  • Funding Info: $53.2M over 3 Rounds (Latest Funding Type: Series B)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Chicago
  • State: Illinois
  • Country: United States
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