About Enombic
Enombic is a Technology company based in Palo Alto (United States) founded in 2019. It operates as an online social investment platform for indices. Enombic has raised $150 thousand across 1 funding round from investors including Y Combinator. Its focus areas include FinTech, Investment Tech, Online Trading Platforms and Stocks. Its competitors include eToro, CommonStock, Covestor, AfterHour and dub and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
Enombic was founded in 2019 in Palo Alto, United States, within the fintech sector. An online platform is operated for social investments in indices. Custom indexes and ETFs are designed and funded collaboratively by users with friends. Portfolio optimisation tools are integrated to support investment strategies. Operations are centered on enabling group-based financial decisions in the investment domain.
- Headquarters Palo Alto, United States
- SectorsTechnology
- Email••••••••
- Website enombic.com
- Social LinkedIn X Facebook
- Total Equity Funding$150K (USD)
in 1 rounds
- Latest Funding Round$150K (USD), Seed
Jun 2020
- Investors
Funding Insights of Enombic
Enombic has successfully raised a total of $150K through 1 strategic funding round. The most recent funding activity was a Seed round of $150 thousand completed in June 2020. 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 $150,000
- Total Rounds 1
- Last Round Seed — $150,000
- First Round $150,000
(Jun 2020)
- Investors Count 1
All 1 funding rounds of Enombic with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2020 | $150,000 | Seed | – | Y Combinator | – |
1 investors in total: 1 institutional.
Investors in Enombic
Enombic has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | – | ycombinator.com | Mountain View, United States |
Investor details for Enombic
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Enombic
2 dated milestones of Enombic across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Enombic is founded.
- Funding First funding round of $150K.
Competitors of Enombic
Enombic has 9 listed competitors in our database, 9 of them funded. They include eToro, CommonStock, Covestor, AfterHour and dub, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| etoro.com | 2007 | Tel Aviv, Israel | $422.94M | – | Online social trading platform for cryptocurrency, stocks, ETFs, and CFDs | |
| commonstock.com | 2001 | San Francisco, United States | $36.5M | – | Platform to invest in stock market in a group | |
| covestor.com | 2005 | London, United Kingdom | $28.11M | 10 | Social trading platform for stocks | |
| afterhour.com | 2022 | San Francisco, United States | $4.5M | 5 | App-based social trading platform | |
| dubapp.com | 2021 | New York, United States | $45M | – | Online platform for portfolio management | |
| rainplatforms.com | 2018 | Austin, United States | $2.01M | – | Automated social investing and trading platform is provided for users. | |
| follow.co | 2021 | San Francisco, United States | $9M | – | Platform for financial influencers to share their investment commentary directly with their followers and fans | |
| finary.io | 2020 | San Francisco, United States | $3.33M | 6 | Social trading platform for on stock market assets | |
| instavest.com | 2014 | San Francisco, United States | $1.82M | – | A collaborative network for investing. |
Detailed competitors of Enombic
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Investment & Financial Technology
10 companies that operate in the same segment as Enombic (Investment & Financial Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.58 B | USD 2.98 B | 4,841 | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | 14,747 | |
Online social trading platform for cryptocurrency, stocks, ETFs, and CFDs | 2007 | Tel Aviv, Tel Aviv, Israel | USD 422.94 M | USD 925.73 M | 2,713 | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | – | 602 | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 | |
App-based automated investment and retirement planning platform | 2010 | New York, New York, United States | USD 335 M | – | 674 | |
Money Forward is engaged in providing financial technology solutions. | 2012 | Minato, Tokyo, Japan | USD 42.9 M | USD 322.51 M | 2,600 | |
Wealth management solutions are delivered for investment advisors. | 2009 | Mountain View, California, United States | USD 759.1 M | – | 1,524 |
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Frequently Asked Questions about Enombic
Enombic was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Enombic is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Enombic is a funded company, having raised a total of $150K across 1 funding round to date. The company's 1st funding round was a Seed of $150K, raised on Jun 2020.
Enombic was founded in 2019 in Palo Alto, United States, within the fintech sector. An online platform is operated for social investments in indices. Custom indexes and ETFs are designed and funded collaboratively by users with friends. Portfolio optimisation tools are integrated to support investment strategies. Operations are centered on enabling group-based financial decisions in the investment domain.
Enombic has 1 investor. Key investors include Y Combinator.