Sarna Receives $2.5M in Funding

Sarna Finance, a Chicago, IL-based provider of a trading and investing platform, raised $2.5M in funding.

Previously in stealth, Sarna raised across two rounds. Motivate Ventures led the pre-seed, while the seed raise was led by Simplex Ventures, and included participation from both Wedbush Financial Services and Wedbush Ventures, and several angels with trading, clearing, and financial services backgrounds.

The company intends to use the funds to bring its mobile investing app, currently in beta, to market in the United States this summer and in Europe at the end of 2023, and continue building its risk management engine for real-time customer buying power calculations that enables T+0 settlement.

Sarna is led by Dominik Sarna, founder.

FinSMEs

03/04/2023