Atom Finance, a Brooklyn, NY-based fintech company building an investment research platform, raised a $10.6m Series A funding.
The round, which brought its total funding to $12.5m, was led by General Catalyst, with participation from Greenoaks, Global Founders Capital, Untitled Investments, Mail.ru, Lachy Groom, Lee Fixel, and Zach Weinberg & Nat Turner. With this round of funding, General Catalyst’s Peter Boyce will take a board seat with Atom Finance.
The company intends to use the funds to scale up its internal engineering team and bring on experienced members for growth, product marketing and operational functions.
Led by Eric Shoykhet, Founder and CEO, and Adam Baitch, Product Lead, Atom Finance provides a platform for everyone to make informed investing decisions via institutional-quality data, documents, news, and events for companies, and allows for aggregation and comparison. The company is also adding features, such as the ability to search for keywords across all documents at once, building financial models without the need for Excel, and preparing to launch its native mobile app, due later this year. Users will soon be able to link multiple brokerage accounts to track and analyze their portfolio in real time.
FinSMEs
01/10/2019