FLIT Invest is an automated impact investing platform that enables users to create personalized investment portfolios aligned with their values while excluding companies involved in fossil fuels, private prisons, and deforestation. The platform simplifies the investment process, allowing individuals to achieve financial returns while supporting social and environmental causes, all without high account minimums.
Funding
$750K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many investors find it challenging to align their investment portfolios with their personal values due to limited access to specialized investment options and the complexity of researching companies' environmental and social impact. Traditional investment platforms often lack the tools and transparency needed to easily exclude companies involved in activities like fossil fuels, private prisons, or deforestation. This makes it difficult for individuals to invest in a way that reflects their commitment to social and environmental causes.
Solution
FLIT Invest is an automated investment platform designed to empower individuals to invest in alignment with their values. The platform offers curated portfolios that prioritize positive social and environmental impact, allowing users to easily exclude companies whose practices conflict with their beliefs. By automating the investment process and providing transparent insights into the impact of their investments, FLIT Invest makes impact investing accessible to everyone, regardless of their prior experience or account size. The platform simplifies the creation of personalized portfolios focused on themes like climate solutions, clean water, gender equality, and affordable healthcare.
Target Audience
FLIT Invest targets individuals who are passionate about aligning their investments with their values and supporting companies that are making a positive impact on the world, particularly those who are new to investing or find traditional investment options overwhelming.
Features
- Automated portfolio creation based on user values and financial goals
- Exclusion of companies involved in fossil fuels, private prisons, deforestation, and other undesired activities
- Curated investment themes focused on specific impact areas such as climate solutions and gender equality
- SIPC protection up to $500,000 through Apex Clearing Corporation
- Bank-level security with 256-bit encryption and two-factor authentication
- Account monitoring for unusual activity to ensure the safety of funds and personal information
- Integration with Plaid for secure bank connectivity