Hedge is a financial technology platform that enables group investing by allowing users to form investment groups, propose investment ideas, and vote on decisions, all while maintaining individual control over their assets. The platform addresses the lack of access to investing for underserved communities by providing a collaborative environment that fosters financial education and collective wealth-building.
Funding
$7.9M 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 individuals, particularly those in underserved communities, lack access to investment opportunities and the necessary financial education to build wealth. Existing investment platforms often isolate users and fail to foster collaborative learning and decision-making.
Solution
Hedge is a fintech platform designed to facilitate group investing, enabling users to create investment groups, propose investment strategies, and collectively vote on investment decisions. The platform allows individuals to invest together with friends and family, fostering financial literacy and promoting collaborative wealth creation. Users maintain individual control over their assets, while benefiting from the shared knowledge and decision-making of the group. Hedge provides a regulated environment for group investing, offering access to US exchange-listed securities, such as stocks and ETFs, without requiring accreditation.
Target Audience
Hedge primarily targets individuals in underserved communities and those new to investing, seeking a collaborative and educational environment to build wealth with family and friends.
Features
- Group formation and invitation tools for collaborative investing with family and friends
- Proposal submission and voting mechanisms for collective investment decisions
- Integrated chat feature for group discussions and idea sharing
- Individual control over assets with the ability to withdraw funds and move assets to a personal portfolio
- Access to US exchange-listed securities (stocks and ETFs)
- Investment growth calculator to visualize potential returns
- Educational resources and community support for new investors