Jun 17, 02:14 PM

AfterHour Raises $4.5M Seed Round Led by Founders Fund, General Catalyst, and PearVC

AfterHour, a social trading startup, has successfully raised $4.5 million in a seed round. The funding round was led by prominent venture capital firms Founders Fund, General Catalyst, and PearVC, who have previously invested in notable companies like Snapchat and Airbnb. The startup, founded by Kevin Xu, aims to build the ultimate financial community app for the internet generation. With this new capital, AfterHour plans to enhance its community features, allowing everyday traders to find investment opportunities more efficiently. The company already has $200 million of assets under management connected to its platform. Notably, Peter Thiel's Founder Fund was a key investor, and Kevin Xu previously turned $35K into $8M.

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Written with ChatGPT (GPT-4o).

AfterHour Raises $4.5M Seed Round Led by Founders Fund, General Catalyst, and PearVC

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