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Tornado

135 Madison Ave Fl 5, New York, NY, 10016, United States

Overview

Tornado is a modern web and mobile brokerage rebranded from Nvstr, offering a social investing platform where users build networks, see holdings of connections, and track trending stocks. The product bundles curated content and educational resources, including vetted pro/con commentary, audio, and Q&A with experienced investors. It provides access to data, insights, analysis, and portfolio optimization tools typically available to professional Wall Street investors, powered by machine-learning algorithms and a patented personalization technology. Tornado operates a subscription model at $4.99/month, which includes 25 commission-free trades and free simulated trading. Customer data is stored with 256-bit AES encryption; the company plans to introduce additional innovative features in the coming months to further empower its community. The rebrand and expanded technology features are explicitly positioned to address investing education and engagement for users from first-time investors to veterans.

Total raised
$10M
Funding rounds
1
Latest round
Seed
Latest activity
Jul 2021

Industries

  • Finance
  • Financial Services
  • FinTech
  • Internet
  • Personal Finance
  • Social Network
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Recent funding

  1. Seed

    Jul 2021

    $10M

Team