INSUBCONTINENT EXCLUSIVE:
If you want to win on Wall Street, Yahoo Finance is insufficient but Bloomberg Terminal costs a whopping $24,000 per year
If Robinhood made it cost $0 to trade stocks, Atom Finance makes it cost $0 to know which to buy.Today Atom launches its mobile app with
access to its financial modeling, portfolio tracking, news analysis, benchmarking and discussion tools
revealed to TechCrunch that it has raised a $10.6 million Series A led by General Catalyst to build on its quiet $1.9 million seed round
The cash will help the startup eventually monetize by launching premium tiers with even more hardcore research tools.Atom Finance already
at a disadvantage compared to big firms equipped with artificial intelligence, the priciest research and legions of traders glued to the
amateur and expert research platforms firsthand as an investor at Blackstone and Governors Lane
Finance teamSo a year ago, Shoykhet founded Atom Finance in Brooklyn to fill the void
Sandbox feature allows users to create simple financial models directly within our platform, without having to export data to a
and forthcoming paid tiers, Atom hopes to undercut Sentieo, a more AI-focused financial research platform that charges $500 to $1,000 per
month and raised $19 million a year ago
Cheaper tools like BamSEC and WallMine are often limited to just pulling in earnings transcripts and filings
Robinhood has its own in-app research tools, which could make it a looming competitor or a potential acquirer for Atom Finance.Shoykhet
admits his startup will face stiff competition from well-entrenched tools like Bloomberg
million from General Catalyst, Greenoaks, Global Founders Capital, Untitled Investments, Day One Ventures and a slew of angels gives Atom
runway to rev up its freemium model
Robinhood has found great success converting unpaid users to its subscription tier where they can borrow money to trade
feed its premium tiers.Fintech can feel dry and ruthlessly capitalistic at times
