Acquisition
Apr 2024Public agreed to acquire Stocktwits TradeApp brokerage accounts, reportedly involving more than 15,000 accounts. Stocktwits exited its brokerage business while retaining its community and media operations.
SourceBrokerage app offering commission-free investing in stocks, ETFs and crypto, as well as fractional trading of NFTs and other collectibles and the ability for users to share their portfolios and trades–if they want to. Last year, Public.com stopped taking payment for order flow, a controversial practice that free-trading rivals like Robinhood still rely on, and debuted an optional tipping feature. In April it launched another new revenue source–a “Pulse” service that allows companies wanting to promote their stocks to pay for data about retail investors and to hold town halls. Early customers include buzzy cannabis stock Tilray and Dubai ride-hailer Swvl. <p>Funding: $310 million from Accel, Greycroft, Tiger Global Management and others. </p><p>Latest valuation: $1.2 billion. </p><p>Bona fides: User base has exploded to three million from less than one million at the end of 2020. </p><p>Cofounders: Co-CEOs Jannick Malling, 34, and Leif Abraham, 36—serial entrepreneurs hailing from Denmark and Germany, respectively.</p>
Company research
Public company, workplace, funding, and market signals
Updated Aug 16, 2026
Overview
Public.com is a privately held financial-technology company operating a multi-asset investing platform for retail investors. Its platform combines brokerage, investing, portfolio-management, social/educational features, AI-powered research, and increasingly AI agents that can monitor markets and execute user-defined workflows.
Primary product
Public investing platform and mobile app for stocks, ETFs, options, bonds, Treasuries, crypto, alternative assets, retirement accounts, AI research, and automated portfolio tools.
Founded
2019
Headquarters
1 State Street Plaza, 10th Floor, New York, NY 10004, United States
Team size
200-300
Work style
Flexible
Industry
Financial services
Sub-industry
Fintech; retail brokerage and wealth technology
Offices
New York, New York, United States
Ballerup/Copenhagen, Denmark
Business model
Retail brokerage
Interest and cash-management revenue
Advisory and portfolio-management fees
Trading-related and product fees
Premium investing and concierge services
Funding
Stage
Late-stage private / Series D
Total raised
$443.5M
Latest round
Series D-2 equity plus debt financing · Dec 2024
Latest amount
$135M
Dec 2024
Dec 2024 · Accel
Dec 2021 · Maria Sharapova
Feb 2021 · Tiger Global Management; existing investors included Accel, Greycroft, and Inspired Capital
Dec 2020 · Accel
Mar 2020 · Accel and Greycroft
Mar 2019 · Accel and Greycroft
Jan 2019
Sep 2018 · Greycroft
People & investors
Leadership
Co-Founder and Co-CEO
Co-Founder and Co-CEO
Co-Founder; Brokerage / Customer Success
Founders
Peter Quinn
Co-Founder; former Public executive
Sean Hendelman
Co-Founder and Board Member; former Public executive
Work & culture
Public describes its culture as fast-moving and quality-oriented, emphasizing high standards, velocity, diverse perspectives, independent contribution, and building products for members in a highly regulated industry. The company has described a distributed or flexible approach with New York City and U.S.-remote roles.
Work style
Flexible
Visa sponsorship
Limited
Compensation
Public job listings show role- and location-dependent salary bands, including approximately $80,000-$105,000 for an HR operations role, $130,000-$170,000 for a remote senior recruiter role, and $150,000-$200,000 for a New York legal role. Some listings mention competitive pre-IPO equity, bonuses, or uncapped sales incentives. Public People LLC has publicly recorded H-1B labor-condition applications, but sponsorship should be confirmed for each role.
Benefits
100% company-paid medical, dental, and vision premiums for available plans
4% 401(k) company match
Paid time off and additional sick leave
Up to three months of paid parental leave
Flexible spending account
Citi Bike membership
Reproductive-care travel stipend of up to $5,000
Annual wellness and fitness benefits in some roles
Company-provided work equipment
Product & market
Pricing
Generally commission-free trading for U.S. stocks and ETFs, with fractional investing and no brokerage account minimums. Other products can involve spreads, markups, management fees, subscription or service fees, and regulatory or transaction charges. Public Advisors’ automated advisory products have separate management fees and a stated $1,000 minimum initial deposit in its disclosures.
Differentiators
- —Multi-asset investing in one platform, including stocks, ETFs, options, bonds, Treasuries, crypto, alternatives, and retirement products
- —Social and educational investing experience with creator and community features
- —AI-powered Alpha research and custom fundamental analysis
- —Agentic investing tools designed to monitor markets, manage cash, and execute user-defined workflows
- —Fractional investing and accessibility for retail investors
- —No payment for order flow for equities trades, according to company disclosures and reporting
- —Public-company engagement features such as live discussions and management events
Technology
Python
Java
Spring Boot
React
TypeScript
JavaScript
PostgreSQL
AWS
AWS Lambda
Amazon SQS
Snowflake
dbt
Fivetran
Terraform
GitHub Actions
CircleCI
Datadog
Looker
Tableau
Mixpanel
Customers
Retail and individual investors
Affluent and high-net-worth investors
More than 3 million users/members reported in 2023-2024 coverage
Customers migrated from Stocktwits TradeApp
Customers migrated from Carta Capital Markets’ brokerage accounts
More than 85,000 Tornado retail brokerage customers announced for migration in 2025
Competitors
Robinhood
Charles Schwab
Fidelity
Webull
SoFi Invest
eToro
Moomoo
Interactive Brokers
Scale & contact
Estimated revenue
$150M-$200M annually; third-party estimate approximately $157.1M and another estimate approximately $174.4M
Estimated monthly visits
1.7M
Traffic estimate as of May 2026
Signals & risks
Acquisition
Aug 2024Public acquired brokerage accounts associated with Carta’s secondaries marketplace after Carta exited that business. Customers reportedly had an option to opt out.
SourceOther
Dec 2024Public raised $105 million in equity and $30 million in debt. The debt component adds financing obligations, while the company remains privately held and its valuation and profitability are not publicly disclosed.
SourceAcquisition
Sep 2025Public announced the acquisition of Tornado’s retail brokerage accounts, with more than 85,000 customers expected to migrate. Tornado planned to focus on institutional AI research.
SourceAcquisition
Nov 2025Public acquired Alto’s crypto IRA business for approximately $65 million in cash and stock, with roughly $600 million in assets under management reported in coverage. Integration was expected in 2026.
SourceLatest news
Fortune · Nov 2025
Public acquired Alto’s crypto IRA business in a cash-and-stock transaction reportedly valued at $65 million, adding crypto retirement accounts and approximately $600 million in assets under management.
PR Newswire · Sep 2025
Public announced the acquisition of more than 85,000 retail brokerage customers from Tornado, while Tornado shifted focus toward institutional financial-research customers.
Crunchbase News · Dec 2024
Public announced a $135 million financing consisting of $105 million in equity and $30 million in debt, led by Accel. Coverage highlighted growth in the company’s AI-enabled research product Alpha.
TechCrunch · Aug 2024
Public acquired the brokerage accounts of Carta’s secondaries marketplace after Carta exited that business. Customers reportedly retained an opt-out right.
PR Newswire · Apr 2024
Public announced an agreement to acquire Stocktwits’ brokerage accounts, with tens of thousands of customers expected to migrate while Stocktwits continued its community business.
Jobs and careers at Public.com
2 jobs at Public.com
Active Trader Sales: Options Lead
Remote
Business Development
New York City or US Remote; USA
2w ago
Remote
Full-time
Lifecycle Marketing Lead
On-site
Acquisition
New York, New York; New York, New York, United States
3w ago
On-site
Full-time