What is Public.com?
Public.com operates as a social investing application designed to democratize stock ownership. It enables users to purchase fractional shares of stocks and ETFs with commission-free transactions. The platform facilitates discovery through interest-based themes and fosters learning via a community of experts and peers. Headquartered in New York, Public.com is a member of FINRA and SIPC, emphasizing its commitment to regulatory compliance and user security. The company's focus on transparency and community engagement differentiates it in the competitive landscape of investment platforms.
How much funding has Public.com raised?
Public.com has raised a total of $478.9M across 9 funding rounds:
Series A
$6.5M
Angel/Seed
$2M
Multiple Rounds
$115.3M
Series D
$220M
Debt
$30M
Private Equity
$105M
Series A (2019): $6.5M with participation from Advancit Capital, Accel, and Greycroft
Angel/Seed (2019): $2M led by Greycroft Partners
Series B (2020): $15M supported by Sophia Amoruso, Scott Belsky, Accel, Greycroft Partners, Dreamers VC, Morgan DeBaun, Advancit Capital, Casey Neistat, and J.J. Watt
Debt (2020): $350K featuring PPP
Unspecified (2020): $35M backed by SIG Global, Tanglin Venture Partners, and Addition
Series C (2020): $65M with participation from Lakestar, Advancit Capital LLC, Greycroft Partners LLC, and Accel Partners BV
Series D (2021): $220M led by Accel, Tiger Global, Greycroft Partners, and Inspired Capital
Private Equity (2024): $105M supported by Accel
Debt (2024): $30M featuring Accel
Key Investors in Public.com
Accel
Accel is a global venture capital firm that partners with exceptional teams from the inception of their ideas through all phases of private company growth. The firm focuses on supporting innovative companies and entrepreneurs.
Accel Inc.
Accel Inc. is a leading contract packaging company based in Columbus, Ohio, specializing in copacking and assembly services since 1995. They offer a wide range of packaging solutions including blister, gift sets, rigid boxes, and shrink wrap.
Greycroft Partners
Greycroft is a leading venture capital firm focused on investments in the Internet and mobile markets. Greycroft leverages an extensive network of media and technology industry connections to help entrepreneurs gain visibility, build strategic relationships, and bring their products to market.
What's next for Public.com?
With its latest major enterprise-level funding, Public.com is poised for accelerated expansion and product development. The strategic investment signals confidence from backers in the company's vision to make investing more accessible and engaging. Future initiatives are likely to focus on enhancing the platform's social features, expanding its educational resources, and potentially broadening its investment product offerings. This capital will be instrumental in scaling operations, attracting new users, and solidifying its market leadership in the evolving fintech industry.
See full Public.com company page
