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
Recent funding
Seed
Jul 2021
$10M