Titan builds a direct-to-consumer, mobile-first investment platform that offers actively managed stock strategies and plans to expand into cryptocurrency and third-party manager products. The company launched its first strategy in February 2018 and will debut an actively managed crypto offering on August 3 (available to U.S. residents excluding New York at launch). Titan reports roughly 30,000 users and says its platform grew 500% over the prior 12 months. At the time of its last raise it was approaching $500M in assets under management and the company expects to cross $1B in AUM later this year. Titan was cash-flow positive last year. The startup plans to use new capital to build out its platform and product suite and to hire aggressively, growing headcount from about 30 employees toward an expected 100 by next year. Titan builds a mobile investment management platform that algorithmically invests using a proprietary, discretionary research process and offers actively managed stock strategies. Founded in 2017 by Joe Percoco and Clay Gardner, who met at the Wharton School, the company targets millennials and young professionals and serves both accredited and unaccredited clients. It currently offers two stock-focused strategies—Flagship (large-cap growth) and Opportunities (smaller, under-the-radar companies)—and provides features that historically required high minimums, including direct portfolio manager access. Titan charges a 1% assets-under-management fee, positioning itself as a mobile, direct-to-consumer alternative to legacy firms. The startup reported 600% growth in revenue, customers, and assets under management in 2020, is approaching $500M AUM, and was cash-flow positive last year. With new capital it plans to scale engineering and investment teams, make significant investments in product, marketing and operations, and launch additional investment products across asset classes. Titan algorithmically selects a 20-stock portfolio by scraping public hedge fund disclosures and personalizes short positions to match each user’s risk profile. The app offers in‑app explanations, research reports and educational videos to help users learn while their money is managed. Titan charges a 1% fee on assets and requires a $1,000 minimum investment. The founders previously worked at hedge funds and private equity firms like Goldman Sachs; two co‑founders met at Wharton and the third studied computer science at Stanford while earning a hedge fund patent. Since TechCrunch first covered the launch, Titan has doubled assets under management to $20 million and hired its first non‑founder engineer. The company positions itself between DIY brokers and passive robo‑advisors, aiming to democratize hedge‑fund‑style investing for a mobile generation.

Total raised

$73M

Funding rounds

3

Latest round

Series B

Latest activity

Jul 2021