BluMartini
Early Stage
The premier stock trading platform with zero commissions.
Overview
Raised: $18,156
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
02/06/2019
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$134
# of Investors
60
Momentum
Not Funded
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Year Founded
2017
Industry
Financial & Insurance Products & Services
Tech Sector
Location
Fremont, California
BlueMartini is here to be the trading platform for day traders everywhere. Their mission is to provide people with all the tools they need to make smart trades, right from their phone -- commission-free. So far, they have over 350,000 pre-registered traders, which they accumulated in just five months. They’re on track to reach 1 million users by the end of their first year, and their B2B vertical was secured with a $1.5 monthly recurring revenue projected by the end of their first year. BlueMartini was also the featured company for the TV show The Unicorn on BloombergTV, and they have partnerships in place that should allow them to reach over 900,000 unique monthly customers. Plus, the founders have over 33 years of trading experience between the two of them.
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Founder Profile
Founder Profile: The Company Robinhood Wishes Wouldn’t Be Built
We’ve all heard of Robinhood upending the brokerage market with no fees and hundreds of millions in VC dollars. But another entrant is coming to market called BluMartini and with a pre-registered list of over 300K potential customers we think this is a team to keep an eye on.BluMartini is taking a more measured approach to the traditional hemorrhaging of VC dollars to try and take its share of the market and it seems to make a good deal of sense. With their combination of product differentiators and unique backgrounds, this team seems poised to offer something Robinhood can’t.
Coke and Pepsi, Pizza Hut and Dominoes. Apparently we have a new rivalry on the block. This time in the brokerage space. Really exciting stuff.
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