|Description||Investment Management Marketplace|
|Angel, 6/07 |
|Series A, 4/08 |
Union Square Ventures
Amadeus Capital Partners
|Venture Round, 2/10 ||$3.6M|
Covestor brings the clarity and efficiency of an online marketplace to the investment management industry. Investors can compare and select from a transparent marketplace of investment management talent that includes top performing portfolio managers and successful investors. Covestor’s Portfolio Sync technology automatically replicates trades, providing clients the convenience of “set and forget” functionality and the protection of Covestor’s proprietary trade filtering.
Covestor is widely regarded as a pioneer in bringing separately managed accounts (SMAs) online in a transparent marketplace. The company has offices in Boston and London.
|Launch Date||July 22, 2009|
CVIM is an open platform that allow users to automatically invest alongside individual and professional investors.
CVIM licenses real time trading data from investors to make models that give users information with which they can auto trade and manage their account.
The CVIM console gives the user a view of their positions and performance, per model in their account, like a personal fund of funds.