Openfolio is a platform that changes the way investors think about and measure their portfolio performance. Our product is designed to focus on the power of performance comparison against our community-sourced, social benchmarks. Not only do our benchmarks provide more relevant insights than traditional indexes like the S&P 500, the social aspect of our platform helps take the fear out of investing as users feel they are not navigating the markets on their own. Moreover, our benchmarks act as social validation tools to motivate users to become smarter investors and focus on long term growth.
Our primary social benchmark is the Openfolio Investor Average which measures the aggregate performance of all users who have connected portfolios to our platform. Being comprised entirely of real portfolios from real investors, this benchmark is a more relevant barometer for individual investors than the traditional stock-focused indexes.
Additionally, after gathering more information from our users such as age, income, and investable assets, we create an Investors Like You benchmark based on data from other users who most match their profile. This custom benchmark offers a more specific measuring tool to check your performance against your closest peer set.
Our primary social benchmark is the Openfolio Investor Average which measures the aggregate performance of all users who have connected portfolios to our platform. Being comprised entirely of real portfolios from real investors, this benchmark is a more relevant barometer for individual investors than the traditional stock-focused indexes.
Additionally, after gathering more information from our users such as age, income, and investable assets, we create an Investors Like You benchmark based on data from other users who most match their profile. This custom benchmark offers a more specific measuring tool to check your performance against your closest peer set.
Location: United States, New York
Employees: 11-50
Founded date: 2013
Investors 1
| Date | Name | Website |
| - | FinTech Co... | fintech.io |
Mentions in press and media 7
| Date | Title | Description |
| 21.07.2017 | Big-name investors are using a '1% rule' to make risky bets that won't devastate you - but could pay off big-time | Advertisement Brian Ach/Getty There's no reason to risk it all. Chamath Palihapitiya is pictured. To the uninitiated, investing can seem like gambling. And in some cases, it is. But when big-name investors make big returns look easy, it's t... |
| 16.12.2015 | 8 Best Investing Apps for 2016 | Investing in the stock market is a fast-paced, pivot-on-a-dime interest. It takes constant monitoring and split-second decision making, no matter what else is going on. Now that smartphones have become a staple in everyone’s lives, they and... |
| 24.11.2015 | Robinhood Gives Zero-Fee Stock Trading To Other Apps | What Stripe did for easy payments, Robinhood is doing for free stock trading. This week the brokerage startup launched its platform so developers can bake its zero-commission stock trading into their products. Stop for a second and think ab... |
| 03.11.2015 | This Wall Street bank is minting startup founders | Zillow CEO and Goldman Sachs alum Spencer Rascoff. Courtesy of Zillow Goldman Sachs mints millionaires, but some of the bank's employees achieve career highs only once they've left Wall Street. Just ask Spencer Rascoff: the former Goldman b... |
| 08.12.2014 | Fintech Collective Leverages Investor Network To Back Investment Networking Firm Openfolio | For the New York-based financial technology investment firm Fintech Collective, investments are always better with a little help from friends. During the firm’s recent fundraising for social investment networking and data analysis startup O... |
| 11.11.2014 | Openfolio and Coinbase bring something that Bitcoin investing needs: transparency | You can now see who’s investing in Bitcoin thanks to a new integration between Bitcoin wallet Coinbase and social investment platform Openfolio, the company announced today. Openfolio is just what is sounds like: an open portfolio. The netw... |
| 13.06.2014 | A Social Media Platform for Your Stock Portfolio | At this week’s FinTech Cup, the stand out theme was harnessing the power of social media for the greater good of financial technologies. Openfolio achieved this in an unusual but very sleek, easy to use way. They combined Linked In, Faceboo... |