Alinea Invest, a fintech startup, raised $10.4m in Series A funding.
The round was led by Play Ventures, with participation from GFR Fund, Y Combinator, Gaingels, FoundersX, F7, and Visible Ventures.
The company intends to use the funds to expand operations and its business reach.
Co-founded by Anam Lakhani and Eve Halimi, Alinea Invest provides a mobile investment app that features fractional investing, crypto trading, and smart recommendations tailored to users’ financial goals.
Alinea is a registered investment advisor with the US Securities and Exchange Commission (SEC). Brokerage accounts on Alinea are powered by Drivewealth (member of FINRA & SIPC). The company uses bank-level security and SSL and 256-bit encryption to ensure your information is fully protected.
