DriveWealth is a developer of a cloud-based API-driven brokerage infrastructure. This company was founded in 2012 by Julie Coin and Robert Cortright and is headquartered in Jersey City, NJ. DriveWealth's digital trading technology offers digital brokerage solutions to broker-dealers, advisors, and online partners worldwide through its proprietary investment platform.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
09/21/2021 | Series D-2 | $285.41MM | $xx.xx | $2.85B | Insight Partners, Accel, Greyhound Capital, Softbank, Point72 Ventures, Fidelity, Base 10, FTX, FlightDeck | |
Price per Share
$xx.xx
Shares Outstanding
13,601,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Insight Partners, Accel, Greyhound Capital, Softbank, Point72 Ventures, Fidelity, Base 10, FTX, FlightDeck
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09/21/2021 | Series D-1 | $449.89MM | $xx.xx | $2.85B | Insight Partners, Accel, Greyhound Capital, Softbank, Point72 Ventures, Fidelity, Base 10, FTX, FlightDeck | |
Price per Share
$xx.xx
Shares Outstanding
17,866,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Insight Partners, Accel, Greyhound Capital, Softbank, Point72 Ventures, Fidelity, Base 10, FTX, FlightDeck
|
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10/27/2020 | Series C | $64.49MM | $xx.xx | $220.39MM | Point72 Ventures, Raptor Group, SBI Holdings, Route 66 Ventures, Mouro Capital, Fidelity | |
Price per Share
$xx.xx
Shares Outstanding
27,640,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Point72 Ventures, Raptor Group, SBI Holdings, Route 66 Ventures, Mouro Capital, Fidelity
|
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04/03/2018 | Series B | $29.2MM | $xx.xx | $102.16MM | Raptor Group, SBI Holdings, Point72 Ventures, Route 66 Ventures | |
Price per Share
$xx.xx
Shares Outstanding
20,000,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Raptor Group, SBI Holdings, Point72 Ventures, Route 66 Ventures
|
||||||
12/01/2016 | Series A-2 | $9.44MM | $xx.xx | $67.46MM | Route 66 Ventures | |
Price per Share
$xx.xx
Shares Outstanding
6,466,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Route 66 Ventures
|
||||||
05/01/2015 | Series A-1 | $8.3MM | $xx.xx | $55.33MM | Route 66 Ventures | |
Price per Share
$xx.xx
Shares Outstanding
6,007,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Route 66 Ventures
|
||||||
05/01/2015 | Series A | $8.3MM | $xx.xx | $55.33MM | Route 66 Ventures | |
Price per Share
$xx.xx
Shares Outstanding
6,007,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Route 66 Ventures
|