EarlyBird, an investing platform that allows parents and families to invest on behalf of their children, has secured $4m in seed funding.
The round was led by Alexis Ohanian’s Seven Seven Six, followed by strategic participation from Gemini Frontier Fund along with Rarebreed Ventures, Fiat Ventures, Network Ventures, NBA Player Thaddeus Young’s Reform Ventures, and Alex Lieberman, executive chairman and co-founder of Morning Brew, among others.
EarlyBird is a gifting platform that empowers parents, family, and friends to collectively invest in a child’s financial future, starting at the earliest age. Their focus is transforming financial gifting, making it personal, purposeful, and timeless, empowering future generations with financial freedom.
The custodial investment app secured $2.4m in funding ahead of its official launch last year, as FinTech Global reported here.
With this latest fundraise, EarlyBird will continue building out its unique community-first approach to childhood investing; expand its engineering, product, marketing and operations teams; and introduce the ability for users to invest and gift assets beyond stocks and ETFs, including cryptocurrencies.
Caleb Frankel, EarlyBird COO, said, “Investing tools today are only available to families with investing knowledge and experience building generational wealth. We have a bold vision to make investing available for everybody.”
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