Socialized stock selection investment platform motif investing complete new round 35 million

Today, motif investing, a socialized stock-picking investment platform, announced the completion of a new round of $35 million trillion in financing, with the exception of Goldman Sachs, ignition, Norwest Venture, Foundation Capital and other existing investment institutions to participate in this round, the new European Investment Agency Balderton Capital, and JPMorgan Chase & Co., Wicklow. The main purpose of this round of financing is to start the globalization expansion.

Motif investing's last round of financing took place last year, with a $25 million C-round financing from Goldman Sachs, which currently has a total financing value of $86 million.

The same as betterment, Wealthfront and other investment banking services are targeted at retail investors, the difference is that the first two mainly rely on software analysis tools, and motif investing focus on the friend circle to share the portfolio. Another difference is that motif not only focuses on portfolios (not stocks), but the official portfolios are based on a subject (such as 3D printing, medical technology breakthroughs, etc., with a maximum of 30 related stocks per portfolio). This is in line with most retail investment scenarios: see a piece of news, find trends, and find a corresponding stock portfolio.

Motif's founding team has a strong background, one is Hardeep Walia, a senior executive at Microsoft in charge of the investment and mergers and acquisitions business related to the corporate development strategy, and the VP Tariq Hilaly of AllianceBernstein's hedge fund.

The Walia of Ox X brought the company a more bull X Director in the current round of financing--former SEC chairman Arthur Levitt Jr. Levitt is said to have been lobbied by Walia for nearly a year before agreeing to join the board, and motif's docking with Goldman Sachs was Levitt.