Company Name: Alinea Invest
Location: NYC, USA
Sector: AI-Powered Wealth Management for Gen Z Women
Funding Details: Raised $3.4m in seed funding, led by F7 Ventures and GFR, with participation from Worklife Ventures (Bri Kimmel), FoundersX Fund, Gaingels, and Dropbox co-founder Arash Ferdowsi.
Purpose of Investment: To invest in product development, including advancing an AI copilot, personalization features, and educational initiatives.
Leadership: Co-Founders Eve Halimi and Anam Lakhani, CTO Daniel Nissenbaum
Product: Alinea Invest provides an AI-powered app that democratizes investing for Gen Z women. It adopts a social media and community-first approach to make investing more accessible and engaging. The app combines AI and expert advice for stock recommendations and plans to launch an interactive AI financial adviser feature.
About Company: Alinea focuses on simplifying investing for a younger, predominantly female audience. The company's approach blends AI technology with a social media-style interface to create a community-centric investing experience.
- AI-Powered Investing: Utilizes AI for stock recommendations and financial advice.
- Community-First Approach: Integrates social media elements for a more engaging user experience.
- Educational Initiatives: Aims to provide investment education tailored to Gen Z women.
- Achieved 225,000 downloads of its subscription app.
- Previously raised $2.3m in pre-seed funding.
- Launch of an interactive AI financial adviser feature, enhancing the app's capabilities and user engagement.