Openfolio builds a mobile portfolio-tracking app that users can share with friends and benchmark against a community of peers. The product emphasizes privacy by showing category weightings in an investor's portfolio rather than revealing dollar amounts. The company raised $1.8 million in seed financing to launch its product and go-to-market vision. That financing was secured through a Fintech Collective-led effort that tapped a curated syndicate of limited partners and high-net-worth individuals. Investors recruited via the syndicate also served as beta users and advisers, providing access to contacts such as former Gawker Media and Goldman Sachs executives for media and strategy support. Openfolio is based in New York.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Dec 2014