Alinea Invest Secures $3.4 Million in Seed Round

by Kay Aloha Villamor in January 30th, 2024

Alinea Invest, a New York-based fintech startup that offers AI-powered wealth management for Gen Z women, has secured $3.4 million in seed funding.  

SaaS Investors  

The round was led by F7 Ventures and GFR, with participation from Worklife Ventures, FoundersX Fund, Gaingels, and Dropbox co-founder Arash Ferdowsi.  

Founded in 2018, F7 Ventures is a venture capital firm based in San Francisco, California that focuses on pre-seed and seed-stage investments. The firm seeks to invest in companies operating in B2C services (non-financial), healthcare, and technology sectors.  

GFR Fund is a venture capital investment firm based in San Francisco, California. Founded in 2016, the firm prefers to invest in early-stage startups that are engaged in virtual reality, games, sports, consumer apps, media, and consumer entertainment industries.  

Alinea Invest Use of Funds  

The company plans to use the new funding to expand its network of participating companies and enhance its compensation intelligence platform. The company plans to launch a virtual AI assistant that will help users with their investing needs.  

About Alinea Invest  

Founded in 2021 by Eve Halimi and Anam Lakhani, Alinea Invest is a fintech app catering to Gen Z women with AI-powered wealth management. The app focuses on financial literacy and aims to simplify investing for young women entering the workforce, differentiating itself with an approachable design and personalized features. Alinea operates on a subscription model, costing $120 per year, and offers users the ability to create custom ETFs known as "playlists."  

Funding Details        

Company: Alinea Invest, Inc.

Raised: $3.4M    

Round: Seed Round  

Funding Month: January 2024        

Lead Investors: F7 Ventures and GFR  

Additional Investors: Worklife Ventures, FoundersX Fund, Gaingels, and Arash Ferdowsi  

Company Website:    

Software Category: Wealth Management  





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