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Titan Named to the 2021 CB Insights Fintech 250 List of Top Fintech StartupsCB Insights today named Titan to the fourth annual Fintech 250, a prestigious list of emerging private companies working on groundbreaking financial technology. This year's list was unveiled on stage at CB Insights' Future of Fintech conference in New York City. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211006005834/en/ Titan Co-Founders from Left to Right: Joe Percoco, Max Bernardy, Clayton Gardner (Photo: Business Wire) "This is the fourth class of the Fintech 250, and it's also the most international, representing 26 countries. These 250 fintech startups are attacking an incredibly diverse array of financial services opportunities across 19 sectors, including digital banking, insurance, payroll, retail investing, and more," said CB Insights CEO Anand Sanwal. "After being named to the CB Insights Fintech 250 last year, the 2020 class saw 17 companies go public and 25 get acquired. They also went on to raise over $25B in additional financing and forged more than 380 new partnerships after being recognized. The Fintech 250 has a history of spotlighting the very best fintech companies, and this year is no different. We're excited to see how these fintech startups disrupt and transform financial services in the years ahead." "Being named to the CB Insights Fintech 250 List is a testament to the hard work and forward thinking of the Titan team to reimagine the investment management and fintech ecosystem," said Clay Gardner, Co-CEO & Co-Founder, Titan. "Since Joe Percoco, Max Bernardy and I founded Titan four years ago, we've seen incredible momentum with our retail investor clients. What's been most satisfying is to see the lives we've changed for the better by democratizing access to elite investment products and insights previously available to only the ultra-wealthy. We're building the next Fidelity. So far, so good." Through an evidence-based approach, the CB Insights Intelligence Unit selected the Fintech 250 from a pool of over 17,000 companies, including applicants and nominees. They were chosen based on several factors, including data submitted by the companies, company business models and momentum in the market, and Mosaic scores, CB Insights' proprietary algorithm that measures the overall health and growth potential of private companies. HOW TITAN WORKS What Fidelity and its iconic mutual funds were for baby boomers, Titan is for new generations of investors. Titan is the first DTC, mobile-first investment platform where everyday investors, irrespective of wealth, can have their capital actively-managed by investment experts in long-term strategies. Like investment giants before it, the initial strategies on Titan's platform are predominantly in stocks (for instance, its large cap growth strategy called "Flagship" aims to be a modern version of the revered Magellan (News - Alert) Fund). But the platform is quickly expanding into other asset classes, entering new territory where legacy players have yet to tread. In July, Titan closed $58M in Series B fundraising led by Andreessen Horowitz (a16z), with participation from existing investors including General Catalyst, BoxGroup, and Ashton Kutcher's Sound Ventures. In August, the company announced the official launch of Titan Crypto the first-ever actively managed portfolio of cryptocurrency assets available to all U.S. investors*. The mobile-first investment company allows Titan clients to access the world's top growth investments with no previous knowledge or understanding of cryptocurrency and zero performance-based fees or lock-ups. Fintech 250 2021: Investment Highlights
The Fintech 250 Companies (in alphabetical order):
About CB Insights CB Insights builds software that enables the world's best companies to discover, understand, and make technology decisions with confidence. By marrying data, expert insights, and work management tools, clients manage their end-to-end technology decision-making process on CB Insights. To learn more, please visit www.cbinsights.com. About Titan Titan is the new-guard investment platform bringing premier investment management to the everyday investor, seeking to rival giants Fidelity and BlackRock. Based in downtown Manhattan, Titan was founded by Clayton Gardner, Maxwell Bernardy, and Joe Percoco. Similar to the mutual fund platforms of the past, Titan has a fleet of open-access actively-managed strategies. Unlike legacy players, Titan is mobile-first, enabling investors to have an investment experience directly with the end investment managers. Titan's mission is to lead the world to better wealth and be the investing authority for its generation. Check out Titan at www.titan.com. *At launch, Titan Crypto will be available to all U.S. residents except those with home addresses in New York. Our custodial partner is still awaiting regulatory approval to offer crypto to New York residents. We'll notify all waitlist signups once New York residents are approved to use Titan Crypto.
View source version on businesswire.com: https://www.businesswire.com/news/home/20211006005834/en/ |