AlgoPear, founded in 2019, is an automated investment platform offering stock trading via a monthly subscription for retail investors and small and medium-sized firms. The company currently has over 4,000 users and reported 20% month-over-month growth during May. It plans to use the new funding primarily for marketing to grow its customer base to 15,000 users. AlgoPear also intends to expand its product offerings to include other types of investments such as cryptocurrencies. Following the recent seed round, total funding stands at close to USD 2.1 million. The business model centers on automated trading and subscription revenue as it scales user acquisition.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Jun 2022