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Gen Z investing app Alinea raises $3.4M, plans to launch an ‘AI copilot’
Alinea Invest, a fintech app offering AI-powered wealth management aimed at Gen Z women, has $3.4 million in seed funding ahead of the launch of a virtual
The fundraising comes on the heels of 225,000 downloads of Alinea’s app, leading to a revenue run-rate of $1.8 million, allowing the New York area startup’s six-person team to operate profitably. Founded amid the Covid-19 pandemic, Alinea was created by co-founders Anam Lakhani and Eve Halimi, as well as CTO Daniel Nissenbaum who met at Barnard College and Columbia University. While the app is already leveraging a combination of AI and expert advisors to make stock recommendations, the new feature, due out later this year, will offer an interactive way to ask for investing help.
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