The Venture Codex Logo

The Venture Codex

Fennel Markets

Davis, CA, United States

Overview

Fennel is a mobile investing app that provides retail investors with in-app ESG data, rankings, and information on past and upcoming shareholder votes. Users can buy publicly listed stocks and ETFs while analyzing company environmental, social and governance practices and tracking ballot outcomes. The app emphasizes retail engagement in shareholder voting and will roll out additional voting features after its initial launch. Fennel does not lend out users’ securities and does not participate in payment for order flow, ensuring investors’ votes follow their shares. The company launched its platform alongside a $5M seed raise and positions itself as a channel for investors to organize around issues like gender equity and carbon reduction. Fennel refers to Fennel Markets, Inc. and Fennel Financials LLC; securities are offered through Fennel Financials LLC, a FINRA/SIPC member.

Total raised
$5M
Funding rounds
1
Latest round
Seed
Latest activity
Nov 2022

Industries

  • Financial Services
  • FinTech
  • Impact Investing
  • Wealth Management
Visit website

Recent funding

  1. Seed

    Nov 2022

    $5M

Team

  • Daniel Naim

    Founder & CEO

    LinkedIn
  • Jonathan Mogil

    Chief Financial Officer

    LinkedIn
  • Michael Capelli

    CEO of Brokerage, Fennel Financials

    LinkedIn
  • Eric Michels

    Chief Operating Officer

    LinkedIn