As expected, stock trading service Public raises $220M at unicorn valuation
https://techcrunch.com/2021/02/17/as-expected-stock-trading-service-public-raises-220m-at-unicorn-valuation/
The day before Robinhood goes under the the Congressional hammer, domestic rival Public.com announced this morning that it has closed a $220 million funding round at a $1.2 billion valuation. News of the round was first broken by TechCrunch. Further reporting colored in the lines concerning the investment’s size and valuation range.
Confirming the funding news today, Public added a fresh metric to the mix, namely that it has reached one million members – over the course of just 18 months post-launch, the company was quick to point out.