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Intelligence
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Double raised $3.9M in Seed funding led by JJ Maxwell to expand operations and development efforts.

Dec 19, 202412 months ago

Amount Raised

$3.9 Million

Round Type

seed

San FranciscoFinancial ServicesSoftware

Investors

Roger DickeyJason FreedmanNick ElledgeRich AbermanJj FliegelmanJon XuJawed KarimGarry TanIlya Sukhar

Description

Double, a San Francisco-based investment platform, raised $3.9M in Seed funding from notable backers including Ilya Sukhar, Garry Tan, and Jawed Karim. The company plans to use the funds to enhance its operations and development initiatives.

Company Information

Company

Double

Location

San Francisco, California, United States

About

Double is building a smarter brokerage account for retail investors, combining the best parts of active and passive investing. We allow anyone to build a custom ETF, easily test its performance and automate its trading. Targeting a younger tech forward cohort who are set to inherit $84T dollars over the next 20 years. Double is a part of the W24 YC Batch.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers