# Webull Financial

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/webull-financial

- Industry: Financial Services
- Headquarters: New York, US
- Website: www.webull.com
- Total disclosed funding: $88M
- Latest round: Series C (Jul 5, 2019)
- Investors on record: 8

## About

Founded in 2017 by Anquan Wang (CEO) and based in New York, US, Webull Financial LLC, operates as a financial services company that provides online financial information and trading features for individual investors. In February 2024, SK Growth Opportunities Corporation merged with Webull Financial LLC. 

The company specializes in self-directed investment platforms that integrate technology with financial tools, empowering individual investors with enhanced trading efficiency and accessibility. Webull's platform supports commission-free trading across a wide array of investment products including stocks, ETFs, options, and futures. Users benefit from advanced charting tools, real-time market data, and extended trading hours, catering to both novice investors and seasoned traders alike. The company's platform offers a suite of features, including paper trading for risk-free strategy testing and a goal-planning tool for personalized financial objectives, accessible via desktop, mobile devices, and the web.

Webull generates revenue by charging different brokerage fees on the transaction or trading amount. Examples include Regulatory Transaction Fee USD 0.0000278*Total USD Trade Amount (Min USD 0.01), Sells Only
Charged by the Securities and Exchange Commission (SEC) and many others.

## Funding rounds

- Series C, Jul 5, 2019, $36M — Gopher Asset Management
- Series B, Jul 19, 2018, $30M — Divine Capital, Hongdao Capital, Bojiang Capital Management Group, Mobai Capital
- Series A, Jul 19, 2017 — Bojiang Capital Management Group, Lu Valley Venture Capital
- Series A, May 3, 2017, $15M — Shunwei Capital, Hongdao Capital, Mobai Capital
- Angel, Mar 1, 2016, $7.6M — Shunwei Capital, Xiaomi Group

## Investors

- Shunwei Capital (https://capitalatlas.ai/funds/shunwei-capital) — Angel, Series A
- Xiaomi Group — Angel
- Hongdao Capital (https://capitalatlas.ai/funds/hongdao-capital) — Series A, Series B
- Mobai Capital (https://capitalatlas.ai/funds/mobai-capital) — Series A, Series B
- Bojiang Capital Management Group (https://capitalatlas.ai/funds/bojiang-capital-management-group) — Series A, Series B
- Lu Valley Venture Capital — Series A
- Divine Capital (https://capitalatlas.ai/funds/divine-capital) — Series B
- Gopher Asset Management (https://capitalatlas.ai/funds/gopher-asset-management) — Series C