Patented &a; 1st monetary gifting platform for Millennial parents to corral friends &a; family to pitch in &a; grow their kids’ long-term wealth.
Business Model:
Revenue: $4M
Employees: 11-50
Address:
City: New York
State: New York
Zip:
Country: United States
Ballooning Nest Eggs seeks to fundamentally upend today’s uninspired process of growing youngsters&s; wealth by introducing the first socially-centric monetary gifting platform for mass affluent families and a select group of financial firms. Many families are looking to secure their youngsters’ financial futures, but lack a compelling resource that connects the parents - who’d love $ gifts - with their “personal village” who’d love to pitch in. So what’s keeping these two groups from collaborating? Money is funny. Many people - even close family - simply dance around the topic. Our platform strikes at the heart of what’s missing in the marketplace – all the social tools parents need to tastefully steer their network to give monetary gifts. We’re talking e-birthday party invites and social networking tools geared to celebrating the youngsters we adore, and all connected to the youngster&s;s investment accounts held with a select group of financial partners. Currently, the market is wide open for a digital platform like ours that “takes the funny out of money.” One that truly fosters monetary gifting, and makes the whole process vastly more tasteful, convenient, meaningful and dare we say, fun.
Contact Phone:
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 3/2017 | Seed Round | $158k | 6/2019 | Seed Round | $355k | 3/2015 | Seed Round | $110k | 6/2013 | Seed Round | $330k |
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