Company is closed
Event Year: 2012
Company is closed
Event Year: 2012
TrustEgg aimed to revolutionize how families save for their children's futures by providing a simplified and social platform. The core concept involved enabling parents to effortlessly establish a trust fund for their child, inviting contributions from family and friends. These funds were then intended to be invested through Vanguard, generating market-rate returns until the child reached adulthood. TrustEgg envisioned a significant shift in the national savings rate, impacting the financial well-being of millions of children across the United States. The platform sought to streamline the trust creation process and leverage social networks to encourage broader participation in long-term savings.
TrustEgg aimed to revolutionize how families save for their children's futures by providing a simplified and social platform. The core concept involved enabling parents to effortlessly establish a trust fund for their child, inviting contributions from family and friends. These funds were then intended to be invested through Vanguard, generating market-rate returns until the child reached adulthood. TrustEgg envisioned a significant shift in the national savings rate, impacting the financial well-being of millions of children across the United States. The platform sought to streamline the trust creation process and leverage social networks to encourage broader participation in long-term savings.
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2011
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2011
Fintech
Fintech
Fintech -> Asset Management
Fintech -> Asset Management
Team size: 2
Hiring: No
Team size: 2
Hiring: No