Friday, November 22, 2024
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Composer: Raises $6M in Funding

Composer Raises $6M in Funding

  • Composer Technologies Inc., a Canadian US focused automated investing platform, raised an additional $6M in funding, bringing its total raised to over $11M
  • The round was led by Left Lane Capital, and joined by existing investors First Round Capital, AVG Basecamp, Draft Ventures and Not Boring Capital
  • The playform provides a platform that allows investors to automatically invest in strategies that react to the market and capture the upside, while protecting their downside
  • Users have the ability to build, backtest, and invest in strategies, using a no-code editor
  • An in-house investment team sources ideas from academic research and the work of investment funds to provide templates that can be used off-the-shelf or modified easily

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