Public.com Acquires HyperCharts Data Analytics Platform

On Thursday, January 20, Public.com announced that it had acquired HyperCharts, a financial data visualization platform. The firms disclosed the transaction details. Public.com now plans to incorporate HyperCharts across its platform to allow its customers to track investment markets in real-time. With HyperCharts, Public.com will arm its traders with aggregated and dynamic market data, presented in a highly actionable format, all with its investment platform.

Public.com is an investing platform that helps consumers to become better investors. On the platform, people can learn how to build their investment portfolio through community collaboration, relevant information and unique features for discovering new tips. Public.com sees HyperCharts as a way to bring that data visualization and analysis component to its platform and take advantage of the data locked inside its products.

HyperCharts is a data visualization platform that offers fundamental financial and business metrics for publicly-traded companies. Founded by Galileo Russell and Moe Salih in 2019, HyperCharts provides data summarizations and visualizations for hundreds of the most major publicly-traded companies. Its platform contains robust financial metrics such as operating expenses, net income and revenue growth, as well as other applicable signals important to investors such as subscriber growth and streaming memberships.

Galileo Russell, the Co-Founder of HyperCharts, said: “One chart is worth 1,000 numbers. We built HyperCharts to make financial analysis easy, fun and approachable for the masses by turning complex SEC filings into simple interactive charts. I’m so excited to partner with Public to expand the capabilities of our financial visualization software. HyperCharts’ mission to democratize financial markets and education for all could not be more aligned with what Public is doing.”

Public.com Is Making the Investing Process Simpler and Easier

The announcement by Public.com comes at a time when the investing platform seeks to make various investment products more accessible to more people as much as possible. The company believes that the major reason why many people do not invest is because of expensive financial products, lack of financial literacy and rising share prices that can require people to invest $1,000 or more to buy a single share of popular high-performing stocks. Public.com provides a social investing platform that allows people to follow friends and experts, see what they are investing in, exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term ideas and improve financial literacy. In February last year, Public.com raised $200 million in a funding round Funding Round Startups look to raise capital can participate in a funding round. These refers to the various rounds of funding that occur upon proof of concept, customer base growth, and the probability of success. While they are various types of funding rounds, the most commonly seen in startups include the following funding rounds: Seed, Series A Fundraising, Series B Fundraising, and Series C Fundraising. In order for a funding round to take place, a valuation must be performed by analysts for the business Startups look to raise capital can participate in a funding round. These refers to the various rounds of funding that occur upon proof of concept, customer base growth, and the probability of success. While they are various types of funding rounds, the most commonly seen in startups include the following funding rounds: Seed, Series A Fundraising, Series B Fundraising, and Series C Fundraising. In order for a funding round to take place, a valuation must be performed by analysts for the business Read this Term to expand its business. Furthermore, in October last year, the firm added cryptocurrencies to its offerings to allow traders to hold, sell and purchase digital assets.