DriveWealth Overview

  • Founded
  • 2012
Founded
  • Status
  • Private
  • Employees
  • 93
Employees
  • Latest Deal Type
  • Series C
  • Latest Deal Amount
  • $56.7M
Latest Deal Amount
  • Investors
  • 8

DriveWealth General Information

Description

Developer of a global brokerage infrastructure technology designed to offer unprecedented investing capabilities. The company's technology provides full-stack, cloud-based, API-driven services for real-time fractional trading, enabling global partners like digital advisors, online brokers, and mobile online financial services companies to access the U.S. equities market easily and digitally.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Financial Software
Other Industries
Other Financial Services
Brokerage
Primary Office
  • 97 Main Street
  • Chatham, NJ 07928
  • United States
+1 (800) 000-0000

DriveWealth Timeline

2018201920202021
Financing RoundCaptured Employee CountEstimated Employee Growth
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DriveWealth Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Later Stage VC (Series C) 30-Jul-2020 $56.7M 000.00 00000 Completed Generating Revenue
3. Later Stage VC (Series B) 03-Apr-2018 000.00 000.00 000.00 Completed Generating Revenue
2. Early Stage VC (Series A2) 01-Dec-2016 $8.5M $12.7M 000.00 Completed Startup
1. Early Stage VC (Series A) 29-Jun-2015 $4.23M $4.23M 000.00 Completed Startup
To view DriveWealth’s complete valuation and funding history, request access »

DriveWealth Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series C 00,000 00.000000 00000.00 00000.00 00 00000.00 00.000
Series B 00,000 00.000000 00000.00 00000.00 00 00000.00 00.000
Series A2 0,000 00.000000 00000.00 00000.00 00 00000.00 0.000
Series A1 6,007 $0.010000 $1381.69 $1381.69 1x $1381.69 6.47%
Series A 6,007 $0.010000 $1381.69 $1381.69 1x $1381.69 6.47%
To view DriveWealth’s complete cap table history, request access »

DriveWealth Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of a global brokerage infrastructure technology designed to offer unprecedented investing capabilities. The co
Financial Software
Chatham, NJ
93 As of 2020
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Singapore, Singapore
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Tokyo, Japan
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DriveWealth Competitors (5)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Bambu Venture Capital-Backed Singapore, Singapore 00 0000 00000000000 0000
000000 Venture Capital-Backed Tokyo, Japan 00 000.00 00000000000 000.00
0000 0000 Formerly PE-Backed Copenhagen, Denmark 0000 00000 00000000000 00000
0*00000 Corporate Backed or Acquired Jersey City, NJ 0000 000.00 000000&0 000.00
0000 00000000 Pending Transaction (M&A) Dallas, TX 000 000000000000
You’re viewing 5 of 5 competitors. Get the full list »

DriveWealth Executive Team (25)

Name Title Board Seat Contact Info
Robert Cortright Chief Executive Officer & Founder
Donato Cuttone Board Member & Chief Executive Officer, DriveWealth Institutional
Julie Coin President & Board Member
Michael Dugan Chief Financial Officer & Board Member
Anthony Ilario Chief Operating Officer
You’re viewing 5 of 25 executive team members. Get the full list »

DriveWealth Board Members (13)

Name Representing Role Since
Alex Acree JD Fenway Summer Ventures Board Member 000 0000
Chung Chon DriveWealth Board Member 000 0000
Clifford Friedman Raptor Group Board Member 000 0000
Donato Cuttone DriveWealth Board Member & Chief Executive Officer, DriveWealth Institutional 000 0000
Julie Coin DriveWealth President & Board Member 000 0000
You’re viewing 5 of 13 board members. Get the full list »

DriveWealth Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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DriveWealth Investors (8)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Fidelity International Strategic Ventures Venture Capital Minority 000 0000 000000 0
Mouro Capital Corporate Venture Capital Minority 000 0000 000000 0
Point72 Ventures Venture Capital Minority 000 0000 000000 0
Raptor Group Venture Capital Minority 000 0000 000000 0
SBI Holdings PE/Buyout Minority 000 0000 000000 0
You’re viewing 5 of 8 investors. Get the full list »

DriveWealth Acquisitions (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000000 & 0000000 14-Jan-2021 000000000000000000 Brokerage 000000 000000000
To view DriveWealth’s complete acquisitions history, request access »

DriveWealth Subsidiaries (1)

Company Name Industry Location Founded
0000000 & 0000000 Financing Advisory New York, NY 0000
To view DriveWealth’s complete subsidiaries history, request access »