According to ChainCatcher, Volaren has raised $1 million from Y Combinator and Afore and officially launched, co-founder and CEO Martin Pestana announced. The company, backed by Y Combinator’s F26 program, was co-founded by Akshat Mittal; Pestana previously worked at Goldman Sachs. Volaren connects to users’ brokerage accounts to explain portfolio changes, suggest possible actions and execute trades on users’ behalf. Its tools also include copying trades by investors or politicians, financial analysis and executing users’ investment ideas.
