Alinea Invest Raises $3.4M in Seed Funding
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FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!
Alinea Invest, a fintech app offering AI-powered wealth management aimed at Gen Z women, has $3.4 million in seed funding ahead of the launch of a...
FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!
The bubble has burst and not every company will survive.
Alinea Invest, a fintech app offering AI-powered wealth management aimed at Gen Z women, has $3.4 million in seed funding ahead of the launch of a virtual AI assistant that will help users with their investing needs. The fundraising comes on the heels of 225,000 downloads of Alinea's app, leading to a revenue run rate of $1.8 million, allowing the New York area startup's six-person team to operate profitably. Founded amid the COVID-19 pandemic, Alinea was created by co-founders Anam Lakhani and Eve Halimi, as well as CTO Daniel Nissenbaum who met at Barnard College and Columbia Uni...