Funding Received
$17.5 Million in 2 Rounds from 1 Investor
Most Recent Funding
$15 Million Series B on July 15, 2013
Headquarters:
San Francisco, CA
Description:
Wikinvest offers a portfolio manager for Android that tracks users’ investment accounts in a single platform.
Founders:
Parker Conrad, Mike Sha
Categories:
Stock Exchanges, Finance
Website:
http://www.wikinvest.com

Company Details

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Founded:
2006
Employees:
4 in CrunchBase

Wikinvest is just as it sounds; a wiki for investing. The company seeks to take advantage of the large numbers of investors and investing savvy people who are looking to the web to get better trading tips. Like most wikis, Wikinvest will face a few problems including spammed/tampered entries, lack of incentive to create content and the dubious authority of users generating content. These problems exist for Wikipedia as well, yet Wikipedia continues to have as high an accuracy rating as Enyclopedia Britannica while generating millions more pages. Wikinvest hopes to capture a similar "prosumer" audience for the investing niche.

Wikinvest is meant to be a research portal where anyone can contribute information on company profiles, investment concepts, or chart analysis. The site is a competitor with financial profiles and news listed on Yahoo and Google Finance, as well as Wikia's investment portal and company profiles on Wikipedia.

Wikinvest faces the stiffest competition from the financial sites themselves, which offer real time news along with their professionally edited content. Wikinvest, however, has a wikis advantage of nimbleness, by quickly adjusting to new trends and interlinking across concepts.

Other competitors involved in p2p investing include, Vestopia, Stockpickr, People And Picks and Cake Financial, a TechCrunch40 Company

Current Team (4)

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Past Team (2)

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Funding Rounds (2) - $17.5M

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Board Members and Advisors (1)

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Products (1)

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  • Hnvmtxk6vy2i08snnjcs

    Wikinvest

    Wikinvest was added to CrunchBase in 2007

Investors (1)

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  • Cenbj937r9kznarywjz7

    DCM

    DCM is an early stage VC empowering the global ambitions of inspired entrepreneurs

Offices/Locations (1)

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  • Office

    1085 Mission St

    San Francisco, CA 94103-2812

    USA

Competitors (2)

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  • C187156ec70bbfdaa955acbb559c3389

    Yahoo!

    Yahoo! is a multinational internet corporation that offers a web portal, search engine, e-mail...
  • 2362914e0dedf0bfbefab9fd5cf5d394

    Online Trading Academy

    Online Trading Academy is an educational institution offering investing and trading classes for...