3 years ago
Shares Raises $40 Million in Series A Funding to Expand Social Investing Platform
Shares, a London-based investment app with social features, has secured $40 million in Series A funding led by Valar Ventures, Singular, and Global Founders Capital
This brings the startup's total investment to $50 million
Shares aims to use the funding to expand operations and its business reach
The company was co-founded by Benjamin Chemla, François Ruty, and Harjas Singh and offers a platform for investors to connect, trade, and manage their portfolios.
ProblemFinancial Services
"Investing is an activity that's often done in isolation, and most people lack the knowledge to manage their own portfolios successfully. Existing platforms are cold and impersonal, with little support for investors to discuss their strategies and learn from others. This leads to poor financial decisions and less effective investments."
Solution
"Shares is a social investment app that brings investors together. The platform is designed to help you build your own portfolio, discuss your investments with friends and family, and learn from more experienced investors. Shares aims to make investing more accessible, collaborative, and enjoyable."
