Public announces new financing totalling $135M
Public.com today announced new financing totalling $135 million, including $105 million in equity financing and $30 million in debt.
This round was led by Accel, which has led or co-led every funding round since Public launched in 2019.
Public comments:
“We’re incredibly grateful to have a partner who believes in Public’s vision as much as we do.
Since our last funding round, our platform and company have matured significantly.
What started out as a “social stock trading app” in 2019 has now become a powerful investing platform offering 5 different asset-classes, deep fundamental research tools, and sophisticated portfolio management”.
In September, Public celebrated its five-year anniversary, and it’s been nearly four years since its Series D. The latest financing round is a Series D-2 capital raise.