Amount Raised
$6 Million
Description
Composer Technologies Inc., the US focused automated investing platform, today announced that it has raised an additional $6M in funding, bringing its total raised to over $11M. The round was led by New York-based Left Lane Capital, and joined by existing investors First Round Capital, AVG Basecamp, Draft Ventures and Not Boring Capital. The funding is driven by several recent key growth indicators showcasing increased customer demand for Composer's platform and a significant market fit, including over 400% of growth in trading volume and 600% growth in AUM just in the past few months despite the broader market downturn.