Public.com

Public.com - a service that allows you to create investment portfolios and invest in stocks and cryptocurrency. The company was founded in September 2019 by Jannick Malling, by the end of 2021 the platform has more than 1 million users.

History

2021: Attracting investment from Maria Sharapova

Maria Sharapova invested in a platform for investing in cryptocurrency Public.com. The former tennis player herself said this in an interview with CNBC in early December 2021.

One of the most important reasons for my investment in Public is incredible statistics, according to which 40% of the audience in the Public application are women, which is almost unprecedented in this area... I appreciate that Public.com is very convenient for users and offers a simplified way of training, "said the Russian athlete.

Maria Sharapova invested in a platform for investment in cryptocurrency Public.com '

At the same time, she did not disclose the size of the investment in the startup, the share received, or the goals for which the money will be spent. Sharapova only noted that she will hold events, share experiences and act as a consultant for NCAA student athletes on the platform.

Public by December 2021 attracted a total of $310 million in investments. Accel, Greycroft and Lake Star invested in the startup. Other major investors include actor Will Smith, NFL player JJ Watt, media mogul Shari Redstone and businessman Dick Parsons.

For Maria Sharapova, this is far from the first experience of investing in technological projects. Previously, she had already participated in the financing of Bala (manufacturer of weighting bracelets), Tonal (manufacturer of smart simulators for home training), Therabody (wellness products and gadgets) and SuperGoop! (sunscreen cosmetics). As the athlete explained, she does not rely on external asset management, but controls the activities of companies in which she invests.^[1]

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