Grifin

Grifin

Financial Services

Tampa, Florida 1,565 followers

🛍️ Turn your shopping & bills into investing 💳 Buy Stock Where You Shop™ 💪 500,000+ installs 🗞️ Forbes, FOX & more

About us

It's simple: Shop, pay bills, and transact at the companies & brands you use everyday, and our app will automatically purchase $1 worth of stock in those companies for you. Fun, human investing. How it works: Each time you transact at a publicly-traded company (and any of their subsidiary companies/products), Grifin automatically withdraws $1 to invest into that company's stock on your behalf. Each week, your dollars are added up and withdrawn from your bank to buy your stock. For example: • Buy coffee 3x at Starbucks this week? You invest $3 into Starbucks stock. • Pay both your Verizon and Comcast bills this week? $2 is withdrawn to buy $1 of Verizon stock and $1 of Comcast stock. • Go to Whole Foods 2x this week for groceries? You get $2 in Amazon stock, since Whole Foods is a subsidiary of Amazon. • Make a payment on your American Express credit card bill? You get $1 worth of AMEX stock for paying your bill. In this example, after just 1 week, you put $8 towards stocks and you now own stock in 5 of the companies you transact with! Personalized investing on your terms: Set a weekly investment limit, pause for a week at a time, adjust your company risk tolerance, increase beyond $1 per transaction, disable any company you transact at but don't want to invest in, and many more customization features. With Grifin, you can finally feel confident enough to start investing for the first time. Grifin makes investing fun again. Once you're all set up, there's only one thing left to do: keep living your life as usual :). As you keep shopping, Grifin will automatically invest $1 for each purchase you make.

Website
www.grifin.com
Industry
Financial Services
Company size
11-50 employees
Headquarters
Tampa, Florida
Type
Privately Held
Founded
2016
Specialties
investing, automated investing, financial technology, technology, stocks, securities, dividends, financial wellness, software, consumer technology, and fintech

Locations

Employees at Grifin

Updates

  • View organization page for Grifin, graphic

    1,565 followers

    Fortunate is an understatement.

    View profile for Aaron Froug, graphic

    Stock Where You Shop™ - Grifin.com (Co-Founder/CEO)

    🚀 We took a BIG bet and it paid off! 💡 The entire reason we built Grifin was to solve the psychological barriers behind why people don't invest. 🌟 We’ve always wanted to be different and build a product that not only instilled confidence but also calmness in our users. ‼️ When we went viral, our video matched our energy and purpose, but our app did not. 🙌 Over the last 6 months (12 if you count design), we rebuilt our app from the ground up to be everything we dreamed of, and it's been so insanely cool to see the impact it has had. 📈 Since January, we’ve: - Increased our active users by 300% - Lowered our CAC by 72% - Been growing 20% m/m since (most of our growth is referral-led) 🎉 We are getting on average 1k downloads per day now and know we are spending 10x less than others in the market to acquire funded accounts. ✈️ With this, we’re looking to capitalize on our momentum and will be taking a trip to NY and CA. 🗽 NY - June 24-28 🌴 CA - July 8-12 🤝 We'd love to meet with any of our VC friends or funds who invest in early stage/Series A. 🙏 Also, to anyone reading this, thank you for your support and engagement in this post! It genuinely makes a difference. #grifin #grifinapp #vc #seriesA #earlystage #growth #fintech #investing #stocks #fun #viral #happiness #dreamscometrue #wedidit

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  • Grifin reposted this

    View profile for Aaron Froug, graphic

    Stock Where You Shop™ - Grifin.com (Co-Founder/CEO)

    WE'RE IN FORBES! Thank you so much Meaghan Johnson for the amazing conversation and thoughtful article. Can't wait to help people with Grifin and one day bring Adaptive Investing™ to the rest of the world.

    View profile for Meaghan Johnson, graphic

    Fintech + Bank Advisor | Co-founder | Keynote Speaker | Researcher with 10+years in the digital banking space | Subject Matter Expert, Manchester Business School | Forbes Fintech Contributor

    The impact of fintech on retail investing over the past ten years has been truly spectacular, especially in the US. I am jealous of the choices that just about any consumer has to invest and the sheer ease and access to stocks, fixed income, and ETFs. There has been a clear evolution of innovation in retail investing over the past years, and now we are starting to see a push to 'invisible investing.' This began with micro-investing and has evolved to buying stocks of the brands where you transact at the point of purchase. Loyalty and investing have finally merged. Aaron Froug over at Grifin is building something truly impactful, and I believe the retail investment space is about to have an 'Uber' moment. Check out my long overdue piece on Forbes.com discussing this and sharing Grifin's vision. https://lnkd.in/ddcNnaWE

    Investment Fintech Is Set To Have An Uber Moment

    Investment Fintech Is Set To Have An Uber Moment

    forbes.com

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Funding

Grifin 3 total rounds

Last Round

Seed

Investors

TTV Capital
See more info on crunchbase