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Overview
Bloom is a fintech platform that offers a stock investing app aimed at teenagers under 18. It helps teens start investing early and learn about money, with a focus on financial literacy and social impact. The app provides a pathway for teens to invest in stocks, and Bloom collaborates with nonprofits and student groups to spread financial knowledge and develop future finance leaders. Revenue comes from investment advisory services available to US residents, while assets are cleared and custodied by Alpaca Securities LLC, and client funds are SIPC insured up to $500,000. Bloom differentiates itself by targeting the under-18 market, emphasizing education and social good, and forming partnerships with nonprofits to broaden financial literacy. The goal is to democratize access to investing for teenagers and empower them to build wealth responsibly over time.
About Bloom
Industries
Fintech
Social Impact
Financial Services
Education
Company Size
11-50
Company Stage
Seed
Total Funding
$4.5M
Headquarters
San Francisco, California
Founded
2021
People at Bloom
People at Bloom who can refer or advise you
Simplify's Take
What believers are saying
- Bloom can integrate agentic AI for personalized stock-picking advice and active wealth management guidance for teens.
- Bloom can adopt AI-powered verification to streamline teen account opening and reduce identity fraud risk.
- Bloom can leverage conversational AI to create an Instagram-like interface where teens ask finance questions instantly.
What critics are saying
- Acorns' teen platform erodes Bloom's user base with 50-70% probability in 6-12 months and high impact.
- Robinhood's Teen launch captures 1.2M teen users in 6 months with 60-80% probability in 12-18 months.
- SEC's 2025 enforcement action threatens Bloom's advisory fees with $2.3M penalties and forced service halts.
What makes Bloom unique
- Bloom targets teens 13-17 with zero-commission stock investing and 300+ interactive financial lessons.
- Bloom earns differentiation partnering with nonprofits to spread financial literacy and foster future finance leaders.
- Bloom uses an Instagram-like interface with quizzes and rewards to deepen teen engagement and learning.
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Funding
Total Funding
$4.5M
Below
Industry Average
Funded Over
2 Rounds
Y CombinatorIndustry standards
Benefits
Health Insurance
Paid Vacation
Unlimited Paid Time Off
Remote Work Options
Hybrid Work Options
Performance Bonus
Home Office Stipend
Growth & Insights and Company News
6 month growth
↑ 21%1 year growth
↑ 21%2 year growth
↓ -6%Today, Bloom is announcing their $4.4M seed round, backed by Contrary, Slow Ventures, Offline Ventures, and many more.
Bloom is Hiring for 11 Jobs on Simplify!
Find jobs on Simplify and start your career today
About Bloom
Industries
Fintech
Social Impact
Financial Services
Education
Company Size
11-50
Company Stage
Seed
Total Funding
$4.5M
Headquarters
San Francisco, California
Founded
2021
Bloom is Hiring for 11 Jobs on Simplify!
Find jobs on Simplify and start your career today