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M1 Finance

Chicago, US · Founded 2015 · 235 employees on LinkedIn · 12 known investors

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M1 offers online brokerage and investing accounts, including joint brokerage accounts for couples, partners, and family members with shared financial goals. It also provides a high-yield cash account, positioning itself as a consumer personal finance and investing platform in the US.

ConsumerFintechSaaS

Founders & leadership

M1 Finance was founded in 2015 by Brian Barnes.

BBBrian Barnes
Brian BarnesFounder and CEOFounder of M1 Finance, a personal finance and investing platform offering brokerage accounts and cash management products. Barnes has a background in personal finance.

Investors · 12

Chaifetz Grouplisted by Chaifetz GroupChicagovia Richard A. Chaifetz · inferred

How we know: Chaifetz Group's portfolio page · Not right? Tell us

Chicago Ventureslisted by Chicago VenturesChicago · $250K – $1M

How we know: Chicago Ventures's portfolio page · Not right? Tell us

Clocktower Ventureslisted by Clocktower VenturesSanta Monica · $100K – $20M

How we know: Clocktower Ventures's portfolio page · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

Coatue Managementlisted by Coatue ManagementNew York · $1M – $20M
Left Lane Capitallisted by Left Lane CapitalNew York · $5M – $75M

How we know: Left Lane Capital's portfolio page · funding news · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

Nimble Partnerslisted by Nimble PartnersSan Francisco

How we know: Nimble Partners's portfolio page · Not right? Tell us

Potentum Partnerslisted by Potentum PartnersMelbourne

How we know: Potentum Partners's portfolio page · Not right? Tell us

SoftBank Vision Fundlisted by SoftBank Vision FundLondon
Starting Linelisted by Starting LineChicago · $750K – $2M

How we know: Starting Line's portfolio page · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

Toba Capitallisted by Toba CapitalLos Angeles · $1M – $10M

How we know: the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

Jump CapitalreportedChicago

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

In the news

M1 Finance Raises $75 Million Series D - M1m1.com · Mar 2021

Frequently asked questions

What does M1 Finance do?
M1 offers online brokerage and investing accounts, including joint brokerage accounts for couples, partners, and family members with shared financial goals. It also provides a high-yield cash account, positioning itself as a consumer personal finance and investing platform in the US.
Who founded M1 Finance?
M1 Finance was founded by Brian Barnes in 2015.
Who are M1 Finance's investors?
M1 Finance's investors include AMK Investment Office, Chaifetz Group, Chicago Ventures, Clocktower Ventures, Coatue Management, Left Lane Capital, Nimble Partners, Potentum Partners and 4 more.
Where is M1 Finance headquartered?
M1 Finance is headquartered in Chicago, US.