Tech Company Financing Transactions

Covestor Funding Round

Covestor, operating out of Boston, secured $6.5 million from Spark Capital, Union Square Ventures and Amadeus Capital.

Transaction Overview

Company Name
Covestor
Announced On
4/7/2008
Transaction Type
Venture Equity
Amount
$6,500,000
Round
Series A
Investors

Spark Capital (Lead Investor) (Todd Dagres)

Union Square Ventures (Lead Investor) (Albert Wenger)

Amadeus Capital (Anne Glover)

Proceeds Purpose
The company plans to use the money to build out its asset management platform, allowing users to invest alongside the self-directed investors in its community, rather than in an expensive managed fund.

Company Information

Company Status
Acquired or Merged
Industry
FinTech
Mailing Address
175 Federal St. 825
Boston, MA 02110
USA
Phone
866.825.3005
Website
www.covestor.com
Email Address
[email protected]
Overview
Covestor is a real-trade sharing service for proven self-investors, a place to share your real investment decisions, gain recognition and earn fees by helping others and where all data is private, normalized and anonymous, and membership is free.
Profile
Covestor LinkedIn Company Profile
Social Media
Covestor Company Twitter Account
Company News
Covestor News
Facebook
Covestor on Facebook
YouTube
Covestor on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Asheesh Advani
  Asheesh Advani LinkedIn Profile  Asheesh Advani Twitter Account  Asheesh Advani News  Asheesh Advani on Facebook
Chief Marketing Officer
Steven Holstein
  Steven Holstein LinkedIn Profile  Steven Holstein Twitter Account  Steven Holstein News  Steven Holstein on Facebook
Chief Operating Officer
Tom Dorsky
  Tom Dorsky LinkedIn Profile  Tom Dorsky Twitter Account  Tom Dorsky News  Tom Dorsky on Facebook
Chief Technical Officer
Bimal Shah
  Bimal Shah LinkedIn Profile  Bimal Shah Twitter Account  Bimal Shah News  Bimal Shah on Facebook
VP - Product Management
Martin Eriksson
  Martin Eriksson LinkedIn Profile  Martin Eriksson Twitter Account  Martin Eriksson News  Martin Eriksson on Facebook

 

 

Browse more venture capital transactions:

Prev: 4/7/2008: Imperium Renewables venture capital transaction
Next: 4/8/2008: Marin Software venture capital transaction

 

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