Work Here?
Overview
OpenInvest provides a platform for financial advisors and investors to create customized portfolios focused on environmental, social, and governance (ESG) criteria. The platform uses algorithms to build separately managed accounts (SMAs) tailored down to the individual stock level, allowing users to track specific benchmarks while applying tax loss harvesting. Unlike traditional funds, OpenInvest offers granular control over every holding and provides detailed impact reporting to show the tangible social or environmental effects of an investment. The company's goal is to bridge the gap between financial performance and social responsibility by empowering users to align their money with their personal values.
About OpenInvest
Industries
Data & Analytics
Enterprise Software
Fintech
Financial Services
Company Size
11-50
Company Stage
Series A
Total Funding
$24.3M
Headquarters
San Francisco, California
Founded
2015
Simplify's Take
What believers are saying
- J.P. Morgan 2021 acquisition integrates OpenInvest into Private Bank offerings.
- Partnerships with Aldersley Capital and Life Sherpa expand low-cost access.
- New 2025 collaborations add thematic portfolios for global markets.
What critics are saying
- JPMorgan's 55ip acquisition erodes OpenInvest's tax optimization edge.
- Anti-ESG laws in 13 states slash advisor AUM by 20-30%.
- SEC 2026 rules trigger $100M AUM outflows from non-compliant tools.
What makes OpenInvest unique
- OpenInvest customizes SMAs to individual stock level for ESG alignment.
- Advanced algorithms enable tax-efficient portfolio transitions and harvesting.
- Impact reporting visualizes ESG profiles and historical performance.
Help us improve and share your feedback! Did you find this helpful?
Funding
Total Funding
$24.3M
Below
Industry Average
Funded Over
4 Rounds
Andreessen Horowitz
Y CombinatorIndustry standards
Growth & Insights and Company News
6 month growth
↑ 28%1 year growth
↑ 28%2 year growth
↑ 32%Digital investment platform OpenInvest has partnered with boutique asset manager Aldersley Capital to launch a low-cost online wealth management solution.
Hybrid advice provider Life Sherpa is partnering with OpenInvest to offer a low-cost managed investment portfolio solution for clients with low balances.
Investment platform OpenInvest has announced a partnership with Sydney-based wealth management firm Sarto Advisory with the goal of providing younger Australians access to affordable, professional investing.
Fintech investment platform provider OpenInvest has enhanced its offering, having formed a partnership with Spark Financial Group to launch a digital investing solution.
OpenInvest has signed its first new partnership for 2023, joining with a Sydney-based firm to launch a digital investment service with thematic portfolios.
There are no jobs for OpenInvest right now.
Find jobs on Simplify and start your career today
About OpenInvest
Industries
Data & Analytics
Enterprise Software
Fintech
Financial Services
Company Size
11-50
Company Stage
Series A
Total Funding
$24.3M
Headquarters
San Francisco, California
Founded
2015
There are no jobs for OpenInvest right now.
Find jobs on Simplify and start your career today