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M1

M1

Private
Chicago, IllinoisFinTechhttps://www.m1.com

Last Round

Series E

Jul 14, 2021

Est. Valuation

$1.45B

Total Funding Raised

$323.22M

Momentum Score

25 /100

Company Overview

M1 Finance is a financial technology company that offers a free app-based money management platform to help users manage and grow their finances through automated investing, low-cost borrowing, and integrated digital banking services.

Sector

FinTech

Verticals

Investment Platforms, Lending & Credit, Wealth Management, Personal Finance, Digital Banking

Business Model

B2C

Customer Profile

Payment Processing Fee, Freemium, Data as a Service, Subscription SaaS

AI Layer

Non-AI

Keywords

investing platformself-directed investingfinancial super approbo-advisorautomated investingpersonal finance appcommission-free tradingpie investinghigh-yield savings accountneobankportfolio line of creditretirement accountsIRAfractional sharescrypto investingautomated rebalancingpayment for order flowPFOF

Historical Pricing

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Caplight Momentum Score

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M1 Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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M1 Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series EJul 14, 2021
Series DMar 9, 2021
Series COct 14, 2020
Series BJun 9, 2020
Series AApr 17, 2018
Seed
Sep 9, 2016

Key People

Founding team and executive leadership

Brian Barnes

Founder And CEO

Founding Team

Steven Gall

Chief Technology Officer

Executive Team

Caleb Matheny

Chief Financial Officer

Executive Team

M1 Investors

Notable investors and investment history

InvestorRounds
SoftBank Investment AdvisersSeries E
Clocktower VenturesSeries C, Series B, Series D
Chicago VenturesSeries C, Series A
GaingelsSeries C
SoftBank GroupSeries E
Left Lane CapitalSeries E, Series C, Series B, Series D
50 South CapitalSeries C

M1 Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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M1 Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about M1's valuation, stock price, and market status.

Firmographic Details

HeadquartersChicago, Illinois
Employee Range230
Year Founded2015
Last FundingJul 14, 2021

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Disclaimer All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.