Alinea Invest raises $10.4 million

Alinea, a Gen Z-focused wealth management platform, announced a $10.4 million Series A round led by Play Ventures, with participation from GFR Fund, Y Combinator, Gaingels, FoundersX, F7, and Visible Ventures.

Founded in 2021 by Anam Lakhani and Eve Halimi, the NY-based startup claims to serve over 1 million users. 92% of the users are women and 70% are Gen Z.

An annual membership to the platform costs $120 and users get access to automated investing, education, 1:1 support, and a community of over 650k investors.