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How Much Did Public Raise? Headquarters, Funding & Key Investors

Public, a New York-based investment platform, has raised $421 million in total funding and reached a $1.2 billion valuation as of February 2021. Its major backers include Accel, Tiger Global Management, and Greycroft. The company’s latest Series D round of $105 million, closed in December 2024, strengthened its position in the multi-asset investing space. Founded in 2019 by Leif Abraham, Jannick Malling, and Matt Kennedy, Public enables individuals to invest in stocks, ETFs, crypto, bonds, and alternative assets through a social, transparent interface.

    Public is a multi-asset investing platform built to make wealth creation accessible and transparent for everyone. It enables users to buy, sell, and manage assets across stocks, crypto, ETFs, treasuries, and bonds in real-time, all from one app. Beyond trading, Public integrates live news, community discussions, and investment insights creating an educational ecosystem for modern investors. Available on Android and iOS, the platform continues to attract retail and institutional interest with its focus on user experience, financial literacy, and inclusive investing.

    What Is Public and What Does It Do?

    Public, founded in 2019 by Leif Abraham, Jannick Malling, and Matt Kennedy, is a New York City (United States)-based investment technology company empowering individuals to invest across multiple asset classes. 

    Publicemploys between 51-200 people as of July 2024 and provides access to stocks, ETFs, treasuries, bonds, cryptocurrencies, and alternative assets through a unified platform. 

    It emphasizes community-driven investing, enabling users to follow market trends, view expert insights, and discuss strategies within its app. Its seamless design bridges social media and finance, fostering transparency and engagement in wealth management.

    How Much Funding Has Public Raised?

    1. Series D
    • Amount Raised: $105M
    • Date: December 2024
    • Lead Investors: Accel
    • Motivation: To scale product capabilities, expand alternative asset offerings, and enhance user experience.

    2. Conventional Debt

    • Amount Raised: $30M
    • Date: December 2024
    • Motivation: To strengthen balance sheet liquidity and support platform operations.

    Total Funding Raised: $421 Million

    Current Valuation: $1.2 Billion (as of February 2021)

    Latest Funding Date: December 2024

    Key Investors

    1. Accel

    • Details: A top-tier venture capital firm supporting high-growth technology startups worldwide.
    • Investment Focus Areas: Fintech, software, consumer internet, and enterprise solutions.
    • Notable Investments: Facebook, Slack, Flipkart.

    2. Tiger Global Management

    • Details: A global investment firm backing innovative companies across public and private markets.
    • Investment Focus Areas: Fintech, SaaS, consumer internet, and digital assets.
    • Notable Investments: Robinhood, Stripe, Coinbase.

    3. Greycroft

    • Details: A U.S.-based venture capital firm investing in early and growth-stage technology companies.
    • Investment Focus Areas: Fintech, digital media, and consumer technology.
    • Notable Investments: Venmo, Acorns, Bumble.

    Where Is Public’s Headquarters?

    Public is headquartered in New York City, United States, the financial capital of the world. This strategic location places the company at the crossroads of Wall Street, global investors, and fintech innovation, allowing it to attract top talent and maintain regulatory proximity to U.S. financial authorities. 

    What’s Next for Public?

    Public aims to expand its alternative investment portfolio, integrating private equity, collectibles, and other asset classes to broaden user choice. The company also plans to enhance its AI-driven insights and personalized investing recommendations. With growing retail investor participation and an evolving global financial landscape, 

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