Tech Company Financing Transactions

DriveWealth Funding Round

DriveWealth secured a $56.7 million Series C funding round on 10/28/2020. Investors included Point72 Ventures, Fidelity International Strategic Ventures and Mouro Capital.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series C

Point72 Ventures (Lead Investor) (Peter Casella)

Fidelity International Strategic Ventures

Mouro Capital

Raptor Ventures (Cliff Friedman)

Route 66 Ventures (Daniel Dall'Asta)

SBI Holding (Yoshitaka Kitao)

Proceeds Purpose
The company intends to use the funds to strengthen its current technology stack, make strategic acquisitions, and grow the organization to scale its business.

Company Information

Company Status
Private & Independent
Mailing Address
97 Main St.
Chatham, NJ 07928
Email Address
The U.S. stock market, now for everyone. DriveWealth's full-stack platform empowers retail investors worldwide.
DriveWealth LinkedIn Company Profile
Social Media
DriveWealth Company Twitter Account
Company News
DriveWealth News
DriveWealth on Facebook
DriveWealth on YouTube

Management Team

Email & Social
Chief Executive Officer
Robert Cortright
  Robert Cortright LinkedIn Profile  Robert Cortright Twitter Account  Robert Cortright News  Robert Cortright on Facebook
Chief Financial Officer
Michael Dugan
  Michael Dugan LinkedIn Profile  Michael Dugan Twitter Account  Michael Dugan News  Michael Dugan on Facebook
Pat Guerin
  Pat Guerin LinkedIn Profile  Pat Guerin Twitter Account  Pat Guerin News  Pat Guerin on Facebook
Julie Coin
  Julie Coin LinkedIn Profile  Julie Coin Twitter Account  Julie Coin News  Julie Coin on Facebook
Vice President
Daniel Humphrey
  Daniel Humphrey LinkedIn Profile  Daniel Humphrey Twitter Account  Daniel Humphrey News  Daniel Humphrey on Facebook
VP - Administration
Kevin Cortright
  Kevin Cortright LinkedIn Profile  Kevin Cortright Twitter Account  Kevin Cortright News  Kevin Cortright on Facebook
VP - Bus. Development
Michael Fitzgerald
  Michael Fitzgerald LinkedIn Profile  Michael Fitzgerald Twitter Account  Michael Fitzgerald News  Michael Fitzgerald on Facebook
VP - Bus. Development
Megan Knab
  Megan Knab LinkedIn Profile  Megan Knab Twitter Account  Megan Knab News  Megan Knab on Facebook
VP - Bus. Development
Stephen Nash
  Stephen Nash LinkedIn Profile  Stephen Nash Twitter Account  Stephen Nash News  Stephen Nash on Facebook
VP - Client Services
Frank Cahill
  Frank Cahill LinkedIn Profile  Frank Cahill Twitter Account  Frank Cahill News  Frank Cahill on Facebook
VP - General Counsel
Christopher Yamaguchi
  Christopher Yamaguchi LinkedIn Profile  Christopher Yamaguchi Twitter Account  Christopher Yamaguchi News  Christopher Yamaguchi on Facebook
VP - Operations
Richard Manganello
  Richard Manganello LinkedIn Profile  Richard Manganello Twitter Account  Richard Manganello News  Richard Manganello on Facebook
VP - Regulatory Affairs
Mark Bulger
  Mark Bulger LinkedIn Profile  Mark Bulger Twitter Account  Mark Bulger News  Mark Bulger on Facebook
VP - Regulatory Affairs
Jeffrey Pasquerella
  Jeffrey Pasquerella LinkedIn Profile  Jeffrey Pasquerella Twitter Account  Jeffrey Pasquerella News  Jeffrey Pasquerella on Facebook
VP - Sales
Michael Chapman
  Michael Chapman LinkedIn Profile  Michael Chapman Twitter Account  Michael Chapman News  Michael Chapman on Facebook



Browse more venture capital transactions:

Prev: 10/28/2020: Pondurance venture capital transaction
Next: 10/28/2020: Ordermark venture capital transaction


Share this article


About Database of VC Transactions

We do our best to document every notable VC transaction. VC transactions on this site are sourced from news reports and company announcements. The data is sourced from, an affiliated venture.


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities


Business Glossary