Connect with us

Technology

Investing Startup FutureMoney Raises $2.5M in Pre-Seed Financing

Published

on

FutureMoney, a digital platform designed to help families invest for their children and create generational wealth, today announced that it has successfully closed a $2.5M pre-seed funding round.

BOSTON, Oct. 9, 2024 /PRNewswire-PRWeb/ — FutureMoney, a digital platform designed to help families invest for their children and create generational wealth, today announced that it has successfully closed a $2.5M pre-seed funding round, with recent participation from Serac Ventures, Hustle Fund, Telegraph Hill Capital, Capacity Capital, Harvest Ventures, RTL Capital, Next Wave, Mistral, Brian Payne & Aaron Hashim, Founders of Furnished Finder, and the Pitch Fund, started by the founders of The Pitch. Additionally, FutureMoney has been selected for the gener8tor Insurance & Wealth accelerator, in partnership with Allianz Life and Securian Financial.

FutureMoney, a digital platform designed to help families invest for their children and create generational wealth, today announced that it has successfully closed a $2.5M pre-seed funding round.

“We are the first generation in history to be financially worse off than our parents, and something needs to change. As the world shifts away from traditional pensions to defined contribution plans, we have an entire generation that is not set up for financial success,” says FutureMoney CEO and founder Philip Barrar. “Our goal with FutureMoney is to reverse this trend and provide parents of all income levels with a financially inclusive product that helps them effortlessly build generational wealth.”

FutureMoney was founded in 2023 by fintech industry veterans Philip Barrar and Dave Fortin. Through the power of compounding returns and their simple, easy-to-use app, FutureMoney enables parents to quickly establish an account for their children, choose their goals and set up automatically recurring deposits, with an investment of only a few dollars a week. FutureMoney’s innovative approach is reflected in their signature offering: the Junior Roth IRA™, a proprietary, tax-advantaged account service leveraging 529 plans that can be transitioned to a Roth IRA account after 15 years. This unique offering was made possible by changes in the SECURE 2.0 Act coming into effect at the start of this year.

“We were extremely impressed by FutureMoney’s ability to build and launch a product in response to the newly implemented regulation in such a short period of time. Really love the hustle and Phil, as a successful serial entrepreneur, knows exactly what he’s doing!” says Elizabeth Yin, co-founder and general partner at the Hustle Fund.

FutureMoney has been capital-efficient in bringing its product to market thus far, and with the new funds, the company is set to strengthen its position as a market leader in the family wealth-building category, focusing on strategic user acquisition and expanding its reach to empower more families nationwide. The company plans to leverage social platforms, influencer partnerships, curated affiliates, earned media, and a double-sided incentive program to drive user acquisition. They are also introducing community marketing strategies, referral and affiliate programs and monthly webinars.

“We believe firmly in democratizing access to wealth-building opportunities,” says Darrel Frater, senior associate at Serac Ventures. “We are excited to support the team at FutureMoney as they make this vision a reality for millions of families across the country.”

For about FutureMoney, visit https://www.futuremoney.co/

ABOUT FUTUREMONEY

FutureMoney is a Boston-based micro-investing platform that helps everyday families create generational wealth and give their kids a head start on building a nest egg. Founded by two fintech industry veterans who wanted a better solution to invest for their kids, FutureMoney is on a mission to make investing more inclusive and accessible to the average family, to secure a solid financial future for the next generation and to ensure that you can keep and grow as much of your hard-earned money as possible. Their signature offering, the Junior Roth IRA™, is a unique, proprietary, tax-advantaged account service leveraging 529 plans that can be transitioned to a Roth IRA account after 15 years. Unlike a custodial Roth IRA, the Junior Roth IRA™ has no requirement for earned income or income limits. FutureMoney accounts have $500,000 of SIPC insurance and are held with Pershing | BNY Mellon, one of the largest and most trusted custodians in the country. For additional information on FutureMoney and to download the app, visit www.futuremoney.co.

Media Contact

Kathy Casciani, Azul PR + Communications, 1 2127291966, kathy@azulcommunications.com 

View original content to download multimedia:https://www.prweb.com/releases/investing-startup-futuremoney-raises-2-5m-in-pre-seed-financing-302269811.html

SOURCE FutureMoney

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

After Arrest Controversy, “Empire State Building Couple” Angela Nikolau and Ivan Beerkus to Address Recent Incident on Gosh Live

Published

on

By

The couple said on social media that they will soon go live on Gosh Live to talk about life after the Empire State Building incident and the questions they want to answer directly.

Safety note: Gosh does not encourage or endorse dangerous, illegal or unauthorised activities. The livestream is intended solely as an entertainment and community interaction session.

NEW YORK, July 27, 2026 /PRNewswire/ — Angela Nikolau and Ivan Beerkus, the creator couple known for rooftopping and high-altitude visual content, first gained attention through their daring shoots on skyscrapers, city landmarks and extreme urban locations around the world. Their content brings together adventure, striking visuals and their relationship story in the same frame. Their journey was later featured in the Netflix documentary Skywalkers: A Love Story, introducing them to an even wider audience.

Recently, Angela and Ivan became the focus of media and social media discussion following the Empire State Building incident in New York. According to public reports, the couple were taken into police custody after climbing the Empire State Building and allegedly completing a proposal, and now face related charges. Since then, fans have been following updates on their situation, the legal aftermath and whether the couple would respond publicly.

Following the controversy, Angela and Ivan have chosen to face fans directly through a livestream, where they are expected to talk about the Empire State Building incident, what they have been going through, and the questions they have wanted to address themselves.

According to the preview shared on their social media accounts, the livestream will take place on Gosh Live. Compared with a formal interview, the stream is expected to be a more relaxed online social and entertainment setting, where fans can watch, chat and hear directly from the couple.

During the livestream, Angela and Ivan are expected to discuss life after the Empire State Building incident. They may also talk about their relationship, future plans and whether they will continue creating rooftopping-related content.

The livestream is scheduled to begin on July 26, 2026, at 9:00 p.m. UTC and will be available on the official Gosh Live page.

For fans who have been following Angela and Ivan, the livestream could be a rare opportunity to hear the couple speak directly about their situation after the controversy.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/after-arrest-controversy-empire-state-building-couple-angela-nikolau-and-ivan-beerkus-to-address-recent-incident-on-gosh-live-302834765.html

SOURCE Gosh Live

Continue Reading

Technology

Think Bold, Ride Bold: Insta360 Takes Over the Champs-Élysées with 200-Rider Community Event

Published

on

By

LOS ANGELES, July 26, 2026 /PRNewswire/ — Insta360 announced “Vibrez en Jaune” Pop-Up, a three-day cycling and creator event held in Paris from July 24 to July 26, 2026. Designed to coincide with the electric atmosphere of the Tour de France finale, the event culminated in a 200-rider takeover of the Parisian streets, bringing the spirit of professional cycling to everyday enthusiasts and urban explorers.

Built around the theme ‘Think Bold, Ride Bold,’ “Vibrez en Jaune” Pop-Up featured immersive pop-up experiences, hands-on creator workshops, and a sprawling group ride traversing the iconic 90km classic route from Versailles to the Champs-Élysées. The festival served as a celebration of cycling not just as a competitive sport, but as a vehicle for exploration, storytelling, and community connection.

A Festival of Content and Culture

The event kicked off on July 24 with a two-day hub of activity in the heart of Paris. Moving away from traditional retail experiences, Insta360 hosted a series of “Cycle & Create” workshops designed to lower the barrier to content creation.

Attendees gained access to on-site trial devices, allowing them to test out Insta360’s unique product ecosystem firsthand. Insta360 product experts were on hand to teach advanced cycling photography and videography techniques, ensuring riders knew exactly how to capture dynamic, hands-free POV footage of their urban commutes and weekend group rides.

The pop-up also served as a central gathering space for the community. Registered riders connected over coffee, collected their limited-edition Insta360 yellow cycling jerseys, and prepared for the weekend’s main event.

The Hero Moment: Taking Over the Streets of Paris

On Sunday, July 26, over 200 riders embarked on the “Vibrez en Jaune” Pop-Up main event. Organized in partnership with the Peloton Cycling Club, the group rode a 90km route inspired by the Tour de France Paris finale.

Beginning in Versailles, the group rode through the Paris city center before arriving at the Champs-Élysées. To ensure safety and an optimal experience, riders were organized into small, supervised packs of 20 to 25 across four distinct difficulty tiers—Spicy, Medium-Plus, Medium, and Mild—making the professional route accessible to a wide range of skill levels.

Select riders were equipped with Insta360 cameras to record immersive, first-person footage of the group as they navigated the historic streets, creating a collaborative, community-driven documentary of the ride.

Celebrating the Finish Line

The ride concluded at the Insta360 pop-up space for a vibrant after-party. As the actual Tour de France final stage was broadcast live on a giant screen, participants were treated to a professional DJ, refreshments, and finger food.

To reward the community, Insta360 hosted a drawing featuring premium cycling accessory bundles and high-value grand prizes, including the Insta360 GO Ultra Tadej Pogačar Edition and an exclusive jersey signed by the cycling champion himself.

Redefining Urban Exploration

Beyond the celebration of the sport, “Vibrez en Jaune” Pop-Up highlights the brand’s ongoing commitment to sustainable urban lifestyles. By encouraging people to rediscover their cities by bike, Insta360 aims to promote cycling as an accessible, low-carbon choice that allows individuals to experience urban life in a more mindful, connected way.

About Insta360

With a “Think bold” mindset, Insta360 empowers people to capture and share their lives in extraordinary ways. Recognized as a market leader and innovator, Insta360’s vast lineup includes the world’s best-selling 360 cameras in the X Series, the thumb-sized GO Series for everyday capture, as well as an extensive range of action cameras, gimbals, webcams, and professional photography solutions. With intuitive, AI-powered software, Insta360 simplifies the creative process, allowing users to focus on storytelling without technical barriers. Insta360 is dedicated to helping a new generation of athletes, creatives, travelers and professionals bring their ideas to life.

For more details visit: http://www.insta360.com

About the Think Bold Fund: https://www.insta360.com/ThinkBoldFund
Read our blog: https://www.insta360.com/blog
Follow us on Facebook: https://www.facebook.com/Insta360
Follow us on X: https://x.com/insta360
Follow us on Instagram: http://www.instagram.com/insta360
Follow us on TikTok: http://tiktok.com/@insta360_official
Follow us on LinkedIn: https://www.linkedin.com/company/insta360
Subscribe to our YouTube Channel: http://www.youtube.com/insta360

Press Contact
Insta360
pr@insta360.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/think-bold-ride-bold-insta360-takes-over-the-champs-elysees-with-200-rider-community-event-302833050.html

SOURCE Insta360

Continue Reading

Technology

New ProEssentials v11: Native WinUI Charting Library, 100M Points in 15ms, Following Microsoft’s Vision for True Native Swap-Chain Rendering

Published

on

By

30 years of evolution in native C++ rendering that bypasses the managed XAML layer entirely and renders straight on the GPU via Direct3D compute shaders, in native x64 and ARM64, ready for Microsoft’s Windows on Arm and Copilot+ PCs. A fresh pass of 100M new data points renders to screen in ~65ms. The same engine powers WinUI, WPF, WinForms, MFC, and C++ from one codebase, with .NET 10 — built for real-time scientific, engineering, and financial data.

DALLAS, July 26, 2026 /PRNewswire/ — Gigasoft has released ProEssentials v11, bringing its 30-year native C++ charting engine to WinUI. Every other WinUI chart today renders through managed XAML — ProEssentials renders directly to a Direct3D composition swap chain, the native path Microsoft built WinUI around. The result: 100 million data points re-rendered in roughly 15ms, a fully fresh 100M-point frame on screen in about 65ms.

v11 also ships a native ARM64 engine, ProEssentials runs native on Microsoft’s Windows on Arm and Copilot+ PCs. .NET 10 arrives across the WinUI, WPF, and WinForms interfaces, with Direct3D compute shaders doing the heavy lifting on every architecture. A side-by-side native WinUI chart performance comparison against the major vendors is published on gigasoft.com.

The engine underneath is the same native C++ core Gigasoft has refined since 1993 — deliberately kept native behind a thin .NET wrapper, never rewritten in managed code. One engine drives WinUI, WPF, WinForms, MFC, and C++, so a chart moves between frameworks by changing the control type, not the charting code. Don’t take the numbers on faith — clone the open-source 100M-point WinUI demo and benchmark it on your own hardware.

“ProEssentials is the undisputed heavyweight of Windows desktop charting. Version 11 brings its three-decade native C++ engine to WinUI 3, native ARM64, and .NET 10. We’re proud to ship the world’s first charting component to faithfully deliver on Microsoft’s goal for WinUI as the modern, native, performant interface — presenting directly through a composition swap chain instead of a managed XAML layer,” said Robert Dede, founder of Gigasoft.

ProEssentials is not only for shipping products. It is the tool engineers reach for on their own side projects — R&D experiments, rapid prototypes, proof-of-concept demos, test-and-measurement utilities, internal data analysis, and the one-off tools engineering firms are always building. Any company serious about engineering will find countless uses for it, and with v11’s AI charting code assistance many of those ideas become working applications in a few hours. Licensing is perpetual and royalty-free, generous for multi-developer teams — worth putting in front of your CTO, CIO, and Chief AI Officer. A no-hassle evaluation download is available at gigasoft.com.

Contact:
Robert Dede, BSEE, Founder
Gigasoft, Inc.
***@gigasoft.com

Photo(s):
https://www.prlog.org/13152577

Press release distributed by PRLog

View original content:https://www.prnewswire.com/news-releases/new-proessentials-v11-native-winui-charting-library-100m-points-in-15ms-following-microsofts-vision-for-true-native-swap-chain-rendering-302834721.html

SOURCE Gigasoft, Inc.

Continue Reading

Trending