Passiv builds software that makes it easier for retail investors to invest and manage wealth at retail brokerages and cryptocurrency exchanges. Its product lets users consolidate accounts and rebalance portfolios quickly, and the company recently launched SnapTrade, an API for developers. SnapTrade provides real-time account data, historical transactions, and live trading for stocks, options and cryptocurrencies. Over 20 investing apps are building on SnapTrade, and through those integrations Passiv enables reach to over 200 million investors worldwide. Led by CEO Brendan Lee Young, the company plans to use new funding to support growth and expand operations and business reach. The article does not disclose revenue or other financial metrics beyond the seed financing.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Oct 2022