Fennel
A mobile investing app that helps people understand a company’s impact through digestible ESG data.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor investor investor investor investor investor | €0.0 | round | |
| N/A | $3.5m | Seed | |
| Total Funding | 000k | ||
| USD | 2023 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
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Fennel Markets, Inc. and Fennel Financials LLC operate an investing platform designed to prioritize retail investors by offering transparent fee structures and tools for shareholder engagement. The platform provides education and information about upcoming shareholder proposals, enabling users to track vote results and make informed decisions. Fennel serves self-directed investors who are individually responsible for their investment decisions. The company operates in the financial services market, specifically targeting retail investors who seek a more transparent and engaging investing experience. Fennel's business model includes a subscription fee of $4.99 per month after a 30-day free trial, with no commission charges on trades. The company makes money through these subscription fees and aims to provide a user-friendly experience free from hidden costs and conflicts of interest commonly found in other investing platforms.
Keywords: retail investors, transparent fees, shareholder engagement, investing platform, financial services, subscription model, self-directed investors, education, vote tracking, user-friendly.