EarlyBird, a fintech startup based in Chicago, has raised $ 4 million seed financing allowing tutors and friends to invest in their children’s future from an early age.
The funding round was led by Alexis Ohanian’s Seven Seven, Gemini’s Frontier Fund along with Network Ventures, Rarebreed Ventures, among others. Capital EarlyBird will enable it to accelerate the development of its community’s early childhood investment platform by expanding its engineering, product, marketing and operations teams. Alexis Ohanian, founder of Seven Seven, referred to the round:
“I got a savings bond from my great aunt when I was born in 1983. No one is giving savings bonds anymore; we need the next generation to pave the way for the creation of modern wealth. We believe that EarlyBird’s vision — sitting at the crossroads of community, love, and capital — coincides with how all the “rules of investment” are being rewritten today.
With the mission to facilitate investment in the next generation, which was created in 2019, EarlyBird allows us to collectively strengthen the financial future of children who love their parents, relatives and friends. The platform developed by the startup allows users to invest and provide a large number of financial stocks in Stock, ETF and Cryptocurrencies, and then start creating wealth on behalf of the child. Jordan Wexler, CEO and co-founder of EarlyBird, said about this role:
“EarlyBird began with the vision of getting all families to start building wealth for their children, and to do so with the support, love and contributions of their wider communities. Six and all of our new partners recognize the importance of financial access and proximity in the investment, and we are delighted to have them on board as we continue to make the flight. ”
By allowing the community around a child to invest intuitively and quickly in their financial future from the outset, EarlyBird does not allow its users to protect what they love. The app allows them to learn about children invest and creating wealth from an early age, ensuring that future generations will be able to shine brighter tomorrow.