Passiv

About

Wealth automation for self-directed investors. Manage all your investments from a single dashboard and leave the tedious things to Passiv.

Fredericton,New Brunswick,Canada
11 - 50
https://passiv.com

Highlights

Details

Last Funding Type: Seed
Last Funding Money Raised: $3M
Industries: Cryptocurrency,Financial Services,FinTech,Impact Investing,Personal Finance,Software,Wealth Management
Founded date: Sep 1, 2017
Number Of Employee: 11 - 50
Operating Status: Active

Passiv turns your brokerage account into your own personalized robo-advisor. Construct a balanced portfolio using any tradable securities and keep them balanced according to your target. Passiv will let you know when new cash and dividends are available for allocation or when your portfolio drifts off target. When it's time to make trades, Passiv will batch all your trades so you can place them in seconds.

Stop paying high wealth management fees and automate your investments with Passiv.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

6

$3M $1.05M

Passiv has raised a total of $3M $1.05M in funding over 2 rounds. Their latest funding was raised on Oct 17, 2022 from a Seed round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Oct 17, 2022	Seed	$3M	5	Mistral Venture Partners New Brunswick Innovation Foundation	—	Detail
Apr 1, 2022	Seed	—	1	—	—	Detail
Feb 3, 2022	Pre-seed	—	1	Y Combinator	—	Detail
Nov 1, 2021	Pre-seed	$800K	—	—	—	Detail
Dec 17, 2020	Angel	$160K	—	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

3

6

Passiv is funded by 6 investors. Mistral Venture Partners and New Brunswick Innovation Foundation are the most recent investors.

Investor Name	Lead Investor	Funding Round
Mistral Venture Partners	Yes	Seed
New Brunswick Innovation Foundation	Yes	Seed
East Valley Ventures	—	Seed
Uncorrelated Ventures	—	Seed
Y Combinator	—	Seed
True Capital Management	—	Seed