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
People at OpenInvest
People at OpenInvest who can refer or advise you
Simplify's Take
What believers are saying
- White-label partnerships like Medici Invest in 2024 scale OpenInvest's platform for emerging affluent ESG investors.
- ESG-focused portfolios with $5,000 minimums expanded access to non-advised consumers since 2021.
- BBFAW tier data integration in 2023 enables clients to influence animal welfare through investment decisions.
What critics are saying
- SEC climate disclosure rule withdrawals in 2024–2025 will erode demand and trigger advisor churn within 6–12 months.
- J.P. Morgan's prioritization of 55ip strategies over OpenInvest's ESG engine will dilute brand and revenue in 12–18 months.
- BlackRock's and Vanguard's low-cost passive ESG funds will undercut OpenInvest's customized SMA margins within 9–15 months.
What makes OpenInvest unique
- OpenInvest uniquely builds ESG data by partnering directly with NGOs before its 2021 acquisition.
- It offers customized SMAs tailored to individual stock level for precise ESG alignment.
- Its platform integrates J.P. Morgan's 55ip tax solution for enhanced tax optimization in values-based portfolios.
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
↓ -17%1 year growth
↓ -17%2 year growth
↓ -14%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