With over 10 million monthly users leveraging its stock research and analysis, TipRanks has become a go-to platform for investors. But who actually owns and operates this fintech company behind the scenes?
In this comprehensive guide, we’ll cover TipRanks’ founders, executives, major shareholders, origins, funding rounds and more key details on the company's ownership structure and leadership.
Overview of TipRanks
First, a quick background on TipRanks:
Now let's look at who founded and currently leads this rapidly growing fintech firm.
TipRanks Founders and History
TipRanks was founded in 2012 by two entrepreneurs:
Uri Gruenbaum - CEO
Uri Gruenbaum serves as TipRanks' CEO. He is a former software engineer and alumni of Israel's prestigious Talpiot elite technology program.
Gilad Gat - CTO
Gilad Gat is TipRanks’ CTO and heads development. He previously founded the visual platform Sizzle and served in Unit 8200, Israel's equivalent of the NSA.
Gruenbaum and Gat teamed up with Professor Roni Michaely of Cornell University to found TipRanks. Michaely brought academic discipline around research, data and models.
The founders started TipRanks in 2012 as a browser extension to rank financial pundits based on the accuracy of past recommendations. The company expanded into a full website and mobile apps offering consensus analyst data and screeners for investors.
Key milestones in TipRanks' growth include:
Next let's look at TipRanks' current executive team.
TipRanks Executive Team and Leadership
Alongside the founders, TipRanks has assembled an executive team with deep experience across technology, finance and media:
This group sets the strategic vision and leads TipRanks' over 100 employees. The company is based in Tel Aviv, Israel but has remote staff across time zones to provide 24/7 support and operations.
Next let's cover TipRanks' major outside shareholders.
Who Are TipRanks' Major Shareholders?
As a private company, TipRanks has raised significant venture capital from investors who now hold equity stakes:
Prytek ($77M) - Israeli private equity and venture capital firm and TipRanks' largest shareholder.
Joshua Levy ($7M) - Co-founder of Dancom Capital and TipRanks board member.
Eliot Spitzer ($3M) - Former New York Governor and Attorney General.
Oryzn Capital ($5M) - Investment firm founded by the chairman of Israeli food producer Strauss Group.
OurCrowd ($5M) - Israel-based global venture investing platform.
This injections of capital from leading Israeli investors has fueled TipRanks' rapid expansion. Next let's look at how that funding has grown.
TipRanks Funding and Valuation
As a private company, TipRanks does not disclose detailed financials and valuations publicly. But according to Crunchbase, they have raised over $99 million in 4 rounds of funding:
This substantial backing values TipRanks as a rising fintech unicorn on track for a potential future IPO.
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Now let's cover some key details on their service footprint.
Where Does TipRanks Operate?
While founded and headquartered in Israel, TipRanks provides global coverage:
TipRanks aims to eventually expand into all major stock markets around the world.
Now let's dive into the key question of data credibility.
How Does TipRanks Get Its Data?
Unlike manually curated research firms, TipRanks uses technology to automate tracking of financial experts and gathering market data:
While some question marks exist on data accuracy, TipRanks aggregates publicly verifiable information rather than producing subjective opinions.
Now let's run through some frequently asked questions investors have around the TipRanks business:
Top 10 Company Info and Ownership FAQs
1. Who owns TipRanks?
TipRanks was founded by Uri Gruenbaum and Gilad Gat. Major outside shareholders include Prytek, Oryzn Capital, OurCrowd and several Israeli VC investors.
2. Is TipRanks a public or private company?
TipRanks remains a private company primarily owned by founders, employees and institutional investors.
3. How did TipRanks start?
TipRanks began in 2012 as a browser extension to rate financial pundits by founders Uri Gruenbaum and Gilad Gat along with Professor Roni Michaely.
4. How big is TipRanks?
TipRanks has over 100 employees, $99 million in funding, and over 10 million monthly users.
5. Who uses TipRanks data?
Both individual investors and financial institutions like brokerages and banks subscribe to TipRanks data services.
6. Is TipRanks profitable?
As a private company, TipRanks does not disclose financials. But substantial funding indicates strong growth and scale.
7. Does TipRanks sell user data?
TipRanks privacy policy states they do not rent or sell user data. They may share aggregated non-identifiable data with partners.
8. Who pays for TipRanks?
The majority of TipRanks revenue comes from subscription fees. Ads and enterprise partnerships provide additional income.
9. Is TipRanks objective?
While some bias claims exist on methodology, TipRanks aggregates verifiable public data rather than generating opinions.
10. Does TipRanks have competitors?
Major competitors include Seeking Alpha for crowdsourced analysis and Atom Finance for earnings call search. But none match TipRanks’ transparent performance tracking.
And that covers all the essential details on TipRanks' company history, leadership team, ownership structure, operations and business model. While a relatively young fintech firm, TipRanks has used technology to bring transparency into a domain of financial opinions typically shrouded in mystery.
