Bloom

San Francisco, United States Founded: 2021 • Age: 5 yrs
Bloom is designed to teach teens and parents about investing.
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About Bloom

Bloom is a company based in San Francisco (United States) founded in 2021 by Sam Yang and Allan Maman. It operates as a Subscription Services, and FinTech. Bloom has raised $4.4 million across 1 funding round from investors including Contrary, Slow Ventures and Offline Ventures. Bloom offers products and services including Bloom Investing App and Custodial Accounts. Bloom operates in a competitive market with competitors including Bullspree, Fantasy Trading League, TradingLeagues, Fantasy Invest and Alfi, among others.

  • Headquarter San Francisco, United States
  • Founders Sam Yang, Allan Maman
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Bloom Investment Advisers, Llc
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $4.4 M (USD)

    in 1 rounds

  • Latest Funding Round
    $4.4 M (USD), Seed

    Jun 01, 2022

  • Investors
    Contrary

    & 3 more

  • Employee Count
    Employee Count
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Products & Services of Bloom

Bloom offers a comprehensive portfolio of products and services, including Bloom Investing App and Custodial Accounts. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

An app for teens to learn investing basics.

Accounts for teens aged 13-17 to invest.

Funding Insights of Bloom

Bloom has successfully raised a total of $4.4M through 1 strategic funding round. The most recent funding activity was a Seed round of $4.4 million completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Seed — $4.4M
  • First Round

    (01 Jun 2022)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2022 Amount Seed - Bloom Valuation Contrary , Slow Ventures
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Bloom

Bloom has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Contrary, Slow Ventures and Offline Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Sector agnostic accelerator and venture capital fund focused on multiple sectors
Founded Year Domain Location
Early-stage tech investments are made primarily in US companies.
Founded Year Domain Location
Limited information is provided about Offline Ventures' activities.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Bloom

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Bloom

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Bloom Comparisons

Employees
+
Add Comparison
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Competitors of Bloom

Bloom operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Bullspree, Fantasy Trading League, TradingLeagues, Fantasy Invest and Alfi, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
App-based virtual gamified stock market learning platform for individuals
domain founded_year HQ Location
Fantasy stock trading is enabled through game-based leagues.
domain founded_year HQ Location
Fantasy stock market gaming app that allows users to compete and win real money
domain founded_year HQ Location
Virtual stock trading platform is offered for education and rewards.
domain founded_year HQ Location
Financial education is provided through gamified digital platforms by Alfi.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Bloom

Frequently Asked Questions about Bloom

When was Bloom founded?

Bloom was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is Bloom located?

Bloom is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Who is the current CEO of Bloom?

Allan Maman is the current CEO of Bloom. They have also founded this company.

Is Bloom a funded company?

Bloom is a funded company, having raised a total of $4.4M across 1 funding round to date. The company's 1st funding round was a Seed of $4.4M, raised on Jun 01, 2022.

What does Bloom do?

Bloom is developed as an investing app targeting teens and their parents, focusing on financial education and wealth-building. Interactive lessons crafted by Ivy League professors are provided, covering topics like stocks, diversification, and budgeting. Custodial accounts for teens aged 13-17 are offered, allowing investments with parental oversight. Safety controls and real-time monitoring are integrated to ensure secure trading. The platform operates within the financial education and investment services sector, aiming to build long-term financial literacy.

Who are the top competitors of Bloom?

Bloom's top competitors include TradingLeagues, StoxHero and Bullspree.

What products or services does Bloom offer?

Bloom offers Bloom Investing App and Custodial Accounts.

Who are Bloom's investors?

Bloom has 4 investors. Key investors include Contrary, Slow Ventures, Offline Ventures, and Rocketship.vc.

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