DiscoverStartupsBallooning Nest Eggs, Inc,
Ballooning Nest Eggs, Inc, company logo
Financial gifting app for family & friends to pitch in & grow kids' long-term wealth1-10 Employees
  • B2C
  • Early Stage
    Startup in initial stages
Website
Locations
Company size
1-10 people
Total raised
$513K
Company type
Private Company
Markets
Social Media PlatformsKidsWealth ManagementFin Tech
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Ballooning Nest Eggs, Inc, careers

Financial gifting app for family & friends to pitch in & grow kids' long-term wealth
Our patented app solves a pervasive, modern-day problem - Millennial parents are struggling to build their kids’ nest eggs - by tackling a singular pain point: parents prefer financial gifts for their kids, but rarely receive them because asking for money is awkward.

Our app strikes at the heart of what’s missing today: all the social tools parents need to share kids’ slew of celebrations - large and small - and graciously prompt and enable $ gifting. For the 1st time, our app combines the best features of Paperless Post and Facebook with seamless gifting into youngsters’ investment accounts.

We spur $ gifting by engaging Millennials in their favored “currency” – social sharing – while giving financial firms entirely new ways to acquire, retain and deepen relationships with this coveted demographic and Boomer grandparents. Those partners pay us for every new account opened under our umbrella and an annual retention fee, creating a highly profitable business for us.
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Javed Chowdry
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Lead Software QA Engineer at New York Public Radio
Diana Garbarino
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Web App Developer, Software QA, Agile, Always learning, Goal Oriented, Adventurer, Endurance athlete, many tools in my toolbox and I'm looking for more to add.
Elena Crespo
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Experienced at developing, launching, marketing and managing products (B2C/B2B) in diverse industries Effective driving results in startups and big corporations
Valuation

$5M

Funded over

1 round

Latest round

Seed (Apr 2020)

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