What does Grifin do?
Grifin is an investing app that creates a fully personalized portfolio by automatically investing $1 per transaction, adapting to users' daily spending habits and offering complete control over increasing investments manually.
How much did they raise?
The company raised $11M in Series A funding, led by Nava Ventures with participation from TTV, Draper Associates, Gaingels, Nevcaut Ventures, and Alloy Labs, with board involvement from Freddie Martignetti.
What are their plans for the money?
With the new capital, Grifin plans to expand its team, partner with HR platforms and consumer brands, introduce family plans to help kids start investing early, and expand its overall offerings to make investing more accessible.
What have they achieved so far?
Grifin has experienced rapid growth, boasting over 500k registered users and more than 50M social media views, with a significant portion of investors being women aged 40 to 60.
