Pluto Raises $4M in Seed Funding

Pluto’s Block Editor

Pluto, a Marina Del Rey, CA-based free investing platform, closed a $4 million dollar seed funding.

The round was led by Nadav Eylath with participation from Switch Ventures, and Caffeinated Capital.

The company intends to use the funds to expand operations and its business reach.

Led by Jacob Sansbury, Co-founder & CEO, and Dakota McDaniels, Co-Founder & COO, Pluto is free investing platform that makes it easy for stock market traders to enhance their efforts with systematic investing. The company manages the data and servers where all the execution takes place from strategies constructed in their app. Using NFTs as proof of ownership, the marketplace allows anyone to sell or lease time on their strategies while hiding the underlying methodology.