Investment App Composer Raises $6M To Advance How Consumers Invest
09/14/22, 2:03 PM
Location
torontoMoney raised
$6 million
Industry
venture capital
fintech
financial services
Composer Technologies Inc., the US focused automated investing platform, today announced that it has raised an additional $6M in funding, bringing its total raised to over $11M. The round was led by New York-based Left Lane Capital, and joined by existing investors First Round Capital, AVG Basecamp, Draft Ventures and Not Boring Capital. The funding is driven by several recent key growth indicators showcasing increased customer demand for Composer's platform and a significant market fit, including over 400% of growth in trading volume and 600% growth in AUM just in the past few months despite the broader market downturn.
Company Info
Location
toronto, ontario, canada
Additional Info
Composer is an investment platform dedicated to allowing investors to achieve superior returns. Composer combines technology and intuitive design to make sophisticated investing simple. At Composer, investment strategies respond to evolving market conditions based on logic and data. This rules-based investing reduces emotional decision-making and manages risk, allowing investors to invest for the long-term with confidence. For more information visit www.composer.trade.