MoneyMade
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MoneyMade - overview
Established
2020
Location
Redondo Beach, CA, US
Primary Industry
Financial Services
About
Based in California, US, MoneyMade operates a platform that connects investors with diverse alternative investment opportunities, enabling them to explore areas such as real estate, fine wine, art, and crypto assets. MoneyMade is a platform that facilitates alternative investments for retail and institutional investors. Founded in 2020 and headquartered in Redondo Beach, California, the company has completed a total of 2 deals, with the most recent deal occurring on June 29, 2021. The founder, Richard McBeath, has not been noted to have previously founded other companies.
MoneyMade offers a comprehensive platform designed to connect investors with a variety of alternative investment opportunities, including real estate, fine wine, art, and crypto assets. The core product offerings include investment platforms such as Vinovest for fine wine, Masterworks for art investments, and Ark7 for real estate, among others. Each service is tailored to help investors diversify their portfolios through assets that are typically uncorrelated to traditional stock markets, thereby addressing the need for alternative investment solutions. These products are aimed at retail investors, wealth management clients, and institutions, providing personalized investment experiences through both AI-driven recommendations and human expertise.
MoneyMade operates primarily in the United States, catering to a clientele that values innovative investment strategies across various asset classes. MoneyMade generates revenue through partnerships with investment platforms and transaction fees associated with user investments. Clients engage with the platform by investing in various offerings, such as a minimum of USD 300 for a personalized wine portfolio with Vinovest or starting at USD 20 for real estate investments through Ark7. The transaction structure typically involves direct relationships between the investors and the third-party platforms facilitating these investments, including subscription models for ongoing services or one-time fees for specific investment opportunities.
Revenue is realized when users initiate investments, and the platform may receive a commission or share of fees from the underlying investment platforms. The pricing models vary across offerings, reflecting the distinct value propositions of each asset class, ensuring transparency and accessibility for a diverse range of investors. In June 2021, MoneyMade raised an undisclosed amount of Seed funding from new investor Alumni Ventures Group. The funds are expected to support the development of new products aimed at enhancing the investment experience on their platform.
Additionally, the company plans to expand its offerings into new markets across the United States, with a focus on reaching more retail investors and wealth management clients by the end of 2022.
Current Investors
StockTwits, Darling Ventures, Clocktower Technology Ventures
Primary Industry
Financial Services
Sub Industries
e-Financial, Analytics & Performance Software, Accounting/Finance Software
Website
www.moneymade.io
Verticals
FinTech
Company Stage
Angel & Seed
Total Amount Raised
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