About Finary
Finary is a company based in San Francisco (United States) founded in 2020.. Finary has raised $3.33 million across 2 funding rounds from investors including Y Combinator, Dash Fund and Lenny Rachitsky. The company has 6 employees as of December 31, 2022. Finary operates in a competitive market with competitors including eToro, CommonStock, Covestor, AfterHour and dub, among others.
- Headquarter San Francisco, United States
- Employees 6 as on 31 Dec, 2022
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.33 M (USD)
in 2 rounds
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Latest Funding Round
$125 K (USD), Seed
Jun 01, 2021
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Investors
Y Combinator
& 7 more
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Employee Count
6
as on Dec 31, 2022
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Funding Insights of Finary
Finary has successfully raised a total of $3.33M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $125 thousand completed in June 2021. 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 Funding
- Total Rounds 2
- Last Round Seed — $125,000
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First Round
First Round
(09 Apr 2021)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Seed - Finary | Valuation | Y Combinator |
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| Apr, 2021 | Amount | Seed - Finary | Valuation | Aditi Maliwal |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Finary
Finary has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Y Combinator, Dash Fund and Lenny Rachitsky. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Dash Fund is focused on backing FinTech startups.
|
Founded Year | Domain | Location | |
|
LR
Lenny Rachitsky |
Angel investor, newsletter author, ex-Airbnb product lead, startup advisor
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Finary
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Finary
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Finary Comparisons
Competitors of Finary
Finary 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 eToro, CommonStock, Covestor, AfterHour and dub, 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.
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Finary
Frequently Asked Questions about Finary
When was Finary founded?
Finary was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Finary located?
Finary is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Finary a funded company?
Finary is a funded company, having raised a total of $3.33M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3.2M, raised on Apr 09, 2021.
How many employees does Finary have?
As of Dec 31, 2022, the latest employee count at Finary is 6.
What does Finary do?
Finary was founded in 2020 in San Francisco, United States, as a fintech platform focused on social trading for stock market assets. Communities of investors with aligned interests, styles, and goals are enabled to connect. Messaging for investment ideas is supported, along with portfolio visibility and collaborative trading. Market event updates pertinent to user portfolios are provided through the platform.
Who are Finary's investors?
Finary has 8 investors. Key investors include Y Combinator, Dash Fund, Lenny Rachitsky, James Beshara, and Daniel Pourasghar.
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