investFeed.com
closedInvestFeed is an open crowdsourced social network which empowers investors to share their portfolio holdings, trades, and monetize their content.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | $4.0m | ICO | |
| Total Funding | 000k | ||
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investFeed began its journey in 2014, founded by Ron Chernesky and Drew Freedman as a social media platform tailored for the equities trading community. The service was initially conceived as a network where investors could connect their brokerage accounts from providers like Robinhood and TD Ameritrade, share their portfolios, and exchange insights. This model gained early recognition, becoming a finalist at the 2015 Benzinga Fintech Awards. By 2016, the platform had expanded its reach globally across desktop and mobile devices, amassing a user base of over 15,000.
A significant transformation occurred in 2017 when investFeed pivoted its focus entirely from traditional stocks to the burgeoning world of cryptocurrencies. This strategic shift was driven by strong user demand and the explosive growth of blockchain-based assets. To fund this new direction, the company launched an Initial Coin Offering (ICO) for its native FEED token (IFT), successfully raising between $3.4 million and $4 million. The revamped platform was designed as an incentivized social network where users could earn tokens for sharing valuable trading ideas and market analysis. Following the pivot, the company aimed to create a central hub for cryptocurrency enthusiasts, integrating news, analytics, and social interaction. The business model centered on users and companies purchasing and utilizing the FEED token to boost content visibility on the platform.
Despite its early traction and a successful fundraising event, investFeed ultimately ceased operations. The company is recorded as having filed for bankruptcy liquidation in April 2021, bringing its trajectory as a social investing network to a close.
Keywords: investFeed, Ron Chernesky, Drew Freedman, social investing, cryptocurrency social network, IFT token, FEED token, stock trading community, crypto trading, blockchain social media, fintech awards, ICO, brokerage integration, portfolio sharing, market insights, peer-to-peer insights, crypto analytics, incentivized social network, out of business, bankruptcy liquidation