Double Raises $3.9M in Seed Funding
Summary
Double, a San Francisco, CA-based provider of an investment platform, raised $3.9M in Seed funding. The company intends to use the funds to expand operations and its development efforts. Led by JJ Maxwell, Double is an investment platform that allows users to invest in 50+ broad stock market indexes with zero expense ratios. It works by buying fractional shares of the individual stocks that make up popular indexes (SPY, VOO, etc.). With it, users can create and manage their investment strategy, deposit funds, and let the platform handle the rest, including rebalancing and tax-loss harvesting.
Funding
Amount
$3.9M
Total raised
Date
December 19, 2024
Announcement date
Investors
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Lead investors
Company
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Funded company
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