# mSpot

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mspot

- Industry: Internet
- Headquarters: Palo Alto, US
- Website: www.mspotcorporate.com
- Total disclosed funding: $2.3M
- Latest round: Series A (Aug 1, 2005)
- Investors on record: 1

## About

mSpot, Inc. is a financial technology company specializing in innovative stock trading solutions designed to enhance user engagement and accessibility for investors of all levels.mSpot, Inc. operates as a financial technology firm providing an advanced stock trading platform. Established in Palo Alto, US, the company was acquired by Samsung Electronics in May 2012. With a focus on creating valuable financial tools, mSpot has received a total of USD 2.33 mn in funding, primarily from Trinity Ventures during its Series A round. The firm has been involved in 2 significant investment deals to date.mSpot, Inc. is primarily recognized for its flagship product, the Investment Hub, an innovative all-inclusive stock trading application that enables users to engage in stock trading around the clock. Released in May 2012, the app facilitates various functionalities including the creation of demo accounts and access to educational resources designed to promote intelligent trading practices. Targeting both novice and experienced investors, the Investment Hub aims to streamline the trading experience by offering user-friendly features and comprehensive support. The app has been well-received in the financial technology market and caters to users in North America and other regions where digital trading is prevalent.mSpot generates revenue primarily through its Investment Hub platform, which operates on a transactional basis. Clients engage with the platform by executing trades, and the company earns income from transaction fees associated with these trades. The platform may also offer subscription models for premium features that enhance user experience and provide advanced trading tools. Additionally, the company may establish partnerships with financial institutions or other service providers, aligning with a B2B or direct-to-consumer transaction structure. These revenue streams are designed to support the ongoing development and enhancement of their digital products while ensuring a competitive edge in the market.mSpot, Inc. aims to enhance its product offerings by expanding the functionalities of the Investment Hub, with potential release updates slated for late 2023. The company is planning to explore market expansion into Europe and Asia by early 2024. The funding received in the Series A round will be utilized to support these development initiatives and market entry strategies. The latest acquisition by Samsung Electronics in May 2012 is expected to provide additional resources and synergies for future growth.

## Funding rounds

- Series A, Aug 1, 2005, $2.3M — Trinity Ventures

## Investors

- Trinity Ventures (https://capitalatlas.ai/funds/trinity-ventures) — Series A
