Stocktwits Raises $30M in Series B

Social Leverage is pleased to announce portfolio company Stocktwits (Fund SL/SLG) has raised $30 million in Series B funding. Alameda Research Ventures led the Series B round, along with Times Bridge, the global investment and venture arm of The Times Group, India’s largest media conglomerate. They join existing investors Social Leverage, True Ventures, Foundry Group, and ffVC.

When I started Stocktwits in 2008, our vision was to create the largest community of traders and investors. Stocktwits pioneered organizing conversations around the “cashtag”, a combination of a dollar sign and the ticker symbol. Along the way, new features were developed allowing users to integrate their Stocktwits accounts with their brokerage accounts.

A lot has changed over the years; Robinhood has gone public, web3 is on a rocketship to the moon. We witnessed the ‘flippening’, where $BTC became the most followed/discussed cashtag on the app. Yet, the mission remains the same: Stocktwits is a place where individuals can share ideas, banter about investing, and learn by doing.

This latest round of funding brings big plans for Stocktwits. The platform will continue to develop and expand their product offerings while growing their user base. The Portfolio Integration offering is coming out of beta and has already connected more than $1B in assets. Moving forward, Stocktwits will continue to reimagine financial media, tools, and services for the next generation of investors.

I am really proud of Stocktwits CEO Rishi Khanna and the rest of our team and investors for their continued commitment to the vision of empowering all investors, from novice to veterans, by providing and encouraging access for all.