Atom Finance Raises Series B Funding

Atom Finance, the consumer software platform providing access to institutional-quality investment resources, today announced a $28 million Series B funding round led by the SoftBank Latin America Fund with participation from existing investors General Catalyst and Base Partners. The funding comes on the heels of the firm’s recently announced partnership with Banco Inter, the full-suite digital platform that revolutionized the banking market in Brazil. Atom’s platform launched in 2019, the company has raised nearly $50 million from premier venture capital firms and angel investors. Atom will channel the new funding to fuel Premium subscriber growth, proliferate partnerships and integrations with financial institutions, open an office in Miami, and continue to build out a best-in-class team across all parts of the company, including Product, Engineering, Growth and Business Development. With its powerful, modern software solution, Atom was built by investment professionals for individuals to modernize their investment experience, providing access to quality resources at an unmatched price. Retail investor interest is accelerating at a record pace both in the U.S. and globally, driving increased consumer expectations for financial market intelligence. This desire for top-tier quality information is seen in the tremendous demand for Atom’s platform — Premium tier subscribers have increased more than 250% since the start of 2021. Simultaneously, the company is experiencing heightened interest for its white-labelled product integration both from financial institutions looking to up-level their existing investment products, as well as new entrants seeking to launch differentiated self-directed investing experiences. Atom’s mission is to empower people to make informed investing decisions with best-in-class software and data. Headquartered in the SoHo neighbourhood of Manhattan, New York, the company is taking the resources that Wall Street professionals have at their disposal and putting them in a consumer platform that’s powerful, intuitive, and works anywhere.