Funding Details
- Awarder
- StartEngine
- Date Award
- April 28, 2022
- Vertical
- Fintech
- Funding URL
- View Funding Page
- Valuation
-
$26,980,000
Company Info
- Founding Year
- 2020
- Traction
- Beanstox has grown to over 60,000 downloads, 30,000 user accounts, 13,000 approved accounts, and 1,400 clients subscribed at $5/month/client. User accounts grew 115% from 12/20 to 3/22 on limited marketing.
- Organizations Involved
- StartEngine Capital, LLC
- Founders
- Kevin O'Leary, Connor O'Brien, Louise Anne Poirier
- Company Description
- Beanstox is focused on a large consumer market, providing automated wealth building designed primarily for the 100 million Americans who have no investment account. They offer Seriously Simple Investing®. Beanstox has a significant marketing advantage through Kevin O'Leary's social media footprint of 5M+ users across his platforms. The company aims to make investing seriously simple for middle-income individuals by offering personalized portfolios and recommendations based on individual investment goals and risk tolerance levels.
- Market
- Financial Services
- Location
-
Boston,
MA,
US
- Coinvestors
- StartEngine Capital, LLC
Links