Vestly is a simulated stock‑picking platform incubated by Foundermark that lets users log in with Facebook and create virtual portfolios by entering stock symbols or company names. The app offers no curated selections or added research; it encourages users to invest in companies they use and know, following a Peter Lynch–inspired approach. At the end of each month the top 100 portfolios split $10,000, and every six months the company awards a longer-term prize—a new Audi Q3 Quattro. Vestly encourages users to educate themselves on market performance before creating portfolios. The company did not elaborate on its business model in the article but the coverage suggests its user data and insights could be valuable to hedge funds and e‑trading platforms. Vestly recently raised $4 million in seed funding.

Total raised

$4M

Funding rounds

1

Latest round

Seed

Latest activity

Apr 2016