Atomic Raises $25M Series A for Investing API Infrastructure

Atomic announced a $25 million Series A funding round on November 11, 2021, co-led by QED Investors and Anthemis, with participation from SoftBank and Y Combinator. The funding enabled the company to launch from stealth with an API platform that allows fintechs and banks to integrate wealth management, trading, direct indexing, tax-loss harvesting, impact investing, and global trading across 60 exchanges. Atomic's infrastructure removes the need for partners to build in-house regulatory, operational, or compliance systems, significantly reducing time-to-market.

The platform targets consumer-facing companies, enabling investing experiences that can be launched in weeks rather than months or years. Early partner Upside used the platform to let users refinance student loans and reinvest their savings. The raise came amid strong WealthTech sector momentum, with Q3 2021 seeing $7.6 billion raised across 160 deals and year-to-date totals reaching $20.9 billion, surpassing all of 2020 by $10.5 billion.